Thirty-two people involved in a racketeering enterprise that spanned from California, Minnesota, Ohio, and Puerto Rico have been arrested on fraud and money laundering charges.
Browsing: Compliance and Risk
In an April 22 letter released today, Consumer Financial Protection Bureau Director Richard Cordray declined congressional appeals to provide a grace period for enforcement of the TILA-RESPA integrated disclosures that come into force on Aug. 1.
The U.S. Department of the Treasury’s Office of Foreign Assets Control recently released its 23rd Terrorist Assets Report.
Complying with the Dodd-Frank Act is projected to reduce U.S. gross domestic product by $895 billion from 2016 to 2025, according to an analysis yesterday from Douglas Holtz-Eakin of the American Action Forum.
Recent actions by the Financial Crimes Enforcement Network indicate that regulatory pressure on virtual currency companies is heating up.
Reps. Steve Pearce (R-N.M.) and Brad Sherman (D-Calif.) on Friday introduced H.R. 2213, which would provide lenders with a temporary safe harbor from enforcement of the rule integrating required mortgage disclosures under the Truth in Lending Act and the Real Estate Settlement Procedures Act.
The Consumer Financial Protection Bureau today issued a set of revised examination procedures to provide guidance on how it will conduct compliance exams for the TILA-RESPA integrated disclosures taking effect Aug. 1.
The reports banks file under the Bank Secrecy Act are critical to cutting off the flow of funds to terrorists, Financial Crimes Enforcement Network Director Jennifer Shasky Calvery said yesterday — including giving U.S. and foreign law enforcement and national security officials tools to disrupt the Islamic State terrorist group.
Our goal is to build on the Center for Regulatory Compliance’s existing strong foundation to ensure that compliance professionals remain leaders in their banks and communities.
The banking agencies on Friday issued revised examination procedures and exam manual narratives for consumer compliance rules under the Truth in Lending Act and the Real Estate Settlement Procedures Act.