ABA, BPI seek deadline extension for comment on FDIC disclosure rule
ABA and the Bank Policy Institute asked the FDIC to push back by more than a month the public comment...
Compliance and Risk
FinCEN finalizes rule ending beneficial reporting for U.S. businesses
FinCEN has finalized a rule removing the requirement for U.S. companies and persons to report beneficial ownership information to the...
ABA, BPI urge OCC to delay action on proposed stablecoin reporting forms
The OCC should propose new reporting forms for stablecoin issuers only after it has finalized regulatory requirements for those companies,...
ABA, associations express support for FCC ‘know your upstream provider’ proposal
ABA and 12 associations expressed strong support for the FCC’s latest proposal to ensure that voice service providers in the...
ABA donates $25,000 to support Washington state wildfire relief efforts
ABA announced a $25,000 donation to the American Red Cross Washington Wildfires Response Fund to support Washington communities affected by...
Fed updates BIC program as part of discount window modernization
The Federal Reserve is updating the Borrower in Custody program as part of an ongoing effort to modernize discount window...
Carr staffer nominated for FCC commissioner
President Trump nominated Danielle Thumann, senior counsel to Federal Communications Commission Chairman Brendan Carr, to serve as commissioner on the...
FinCEN renews Minnesota geographic targeting order
FinCEN renewed a geographic targeting order requiring certain banks and money transmitters located in Hennepin and Ramsey counties, which include...
ABA seeks extension of Terrorism Risk Insurance Program
ABA urged lawmakers to support two bills to extend the Terrorism Risk Insurance Program by another seven years, saying that...
ABA: More work needed to harmonize BSA/sanctions requirements for stablecoin issuers
ABA supports requiring stablecoin issuers to comply with the Bank Secrecy Act and sanctions requirements, but proposed rulemaking to establish...
