Treasury Sanctions International Payment Processor
The Treasury Department’s Office of Foreign Assets Control today imposed sanctions on international payment processor PacNet and a network of...
Compliance and Risk
ABA Issues Staff Analysis of ADA Web Accessibility Guidelines
ABA today published a members-only staff analysis of the Americans with Disabilities Act’s treatment of website accessibility, outlining the current...
ABA Urges Regulators to Seek Feedback on Proposed Basel Capital Changes
As U.S. regulators consider whether and how to implement a wave of recently proposed revisions to Basel III’s risk-based regulatory...
Senators Challenge Wells Fargo Chief in Hearing
During a Senate Banking Committee hearing today, senators of both parties challenged Wells Fargo Chairman and CEO John Stumpf over...
Fair Housing Guidance Encompasses Those Not Fluent in English
The Department of Housing and Urban Development last week issued guidance stating that discrimination or “discriminatory effects” toward those with...
ABA-Advocated SIFI Designation Bill No Longer on House Floor This Week
The full House is expected later this week to vote on the ABA-advocated Systemic Risk Designation Improvement Act (H.R. 1309),...
OCC Flags Supervision Priorities for 2017
The OCC today released its bank supervision operating plan for fiscal year 2017, identifying what each of the agency’s supervisory...
‘Fair Pay and Safe Workplaces’ Final Rule Released; Banks Generally Not Covered
On August 25, the Labor Department, the Defense Department, the General Services Administration, and NASA jointly published proposed requirements and...
Post the New FLSA and EPPA Posters to Avoid Increased Penalties
Getting the new posters is important because of the increase in penalties for poster violations that took effect in July.
ABA Rejects Proposal to Expand Money Laundering Risk Assessment
ABA today urged the Office of Management and Budget to reject the OCC’s proposed changes to its Bank Secrecy Act/Money...
