FinCEN proposes applying BSA requirements to investment advisers
FinCEN proposed a new rule to require certain investment advisers to comply with Bank Secrecy Act regulations regarding anti-money laundering...
Policy
ABA, associations recommend changes to veteran homeownership program
A Department of Veterans Affairs program that helps military families become homeowners should align its property condition standards with those...
FFIEC releases principles for monitoring for appraisal bias in bank exams
FFEIC released a set of principles to guide banking regulators when monitoring for discrimination in residential property appraisals and evaluations...
Hsu: Trust critical for community banks to maintain competitive edge
Communities will respond to businesses that truly understand them and that is community banks’ greatest strength, although maintaining the advantage...
Fed’s Bowman: Cumulative regulation is one of ‘greatest threats’ to community banks
One of the “greatest threats” to the community banking business model is the “cumulative impact” of new regulations and “changed...
Nichols highlights ABA’s proactive posture on regulatory overreach
Amid what he called a “tsunami of new regulations,” ABA President and CEO Rob Nichols kicked off the Conference for...
The executive branch’s hidden agenda
How agencies use guidance to flout congressional safeguards on rulemaking.
ABA, state associations: No justification for proposed board governance rule
A proposed FDIC rule to establish new guidelines for governance and risk management at supervised banks with at least $10...
ABA backs bills to prevent abuse of mortgage ‘trigger leads’
ABA urged Congress to pass legislation to ban the practice of credit reporting firms selling consumer contact information to lenders...
FCC rules that consent is required for AI-generated voices in outbound calls
The FCC issued a declaratory ruling concluding that speech generated by artificial intelligence falls under the Telephone Consumer Protection Act’s...
