ABA Recommends Changes to BSA/AML Regulations
In a comment letter to the Treasury department yesterday, ABA provided extensive feedback on several Bank Secrecy Act and anti-money...
Compliance and Risk
Associations Comment on Serving Borrowers with Limited English Proficiency
In response to the Federal Housing Finance Agency’s recent request for information on how to serve borrowers with limited English...
ABA Meets with CFPB on Small Business Lending Data Collection Requirements
ABA and six state association CEOs yesterday met with staff from the Consumer Financial Protection Bureau’s research, markets and regulations...
Trade Associations Urge CFPB to Extend HMDA Implementation
Together with four other finance and housing trade associations today, the American Bankers Association wrote to the Consumer Financial Protection...
ABA Seeks Greater Synchronicity between Call Report, BHC Reports
In response to proposed changes to the FR Y-9C form that bank holding companies with more than $1 billion in...
OCC’s Noreika Highlights ‘Unintended Consequences’ of Arbitration Final Rule
Acting Comptroller of the Currency Keith Noreika today expressed concern over the Consumer Financial Protection Bureau’s controversial final arbitration rule,...
ABA Supports CFPB Proposal to Raise Threshold for HELOC Reporting
In a comment letter today, ABA supported a CFPB proposal to raise the threshold at which banks are required to...
Mnuchin Underscores Tailored Regulatory Approach
Testifying before the House Financial Services Committee today, Treasury Secretary Steven Mnuchin outlined his recommendations for financial reform, including tailoring...
ABA Applauds Bill Ending Arbitrary $50B Threshold for SIFI Status
ABA today welcomed the recent introduction of the Systemic Risk Designation Improvement Act by Rep. Blaine Luetkemeyer (R-Mo.).
Labor Department Seeks Comments on Stalled Overtime Rule
The Department of Labor today released an anticipated request for information on the Obama administration’s final overtime rule, which would...
