ABA Challenges CFPB’s Improper Use of Generic Clearance Process
In a comment letter yesterday, ABA challenged the Consumer Financial Protection Bureau’s improper use of a streamlined review process to...
Newsbytes
ABA: Proposed FBAR Changes Would Increase Reg Burden
In a joint comment letter yesterday, ABA and the Securities Industry and Financial Markets Association offered feedback on the Financial...
Treasury Report Calls for Stronger Oversight of Marketplace Lenders
While online marketplace lenders are subject to many of the same rules as banks for loan originations, marketplace lenders receive...
OCC Issues New Handbook on Private Student Lending
The OCC today added a new booklet on private student lending to its Comptroller’s Handbook.
ABA Endorses Stearns Lending’s Fulfillment, Correspondent Services
The American Bankers Association -- through its Corporation for American Banking subsidiary -- announced today that it has endorsed the...
FinCEN Issues Final Customer Due Diligence Rule
FinCEN yesterday released the text of its long-awaited final customer due diligence rule, which is expected to be published in...
