Cordray: Consumers Free to Authorize Third-Party Access to Data
Bank customers ought to be free to authorize third parties to access their bank account information without limit, Consumer Financial...
Compliance and Risk
Agencies Issue Appraisal Exception in Flood-Struck Louisiana Areas
The FDIC, Federal Reserve, OCC and National Credit Union Administration today announced an exception to regulatory real estate appraisal requirements...
ABA Supports BSA/AML Requirements for Banks without Federal Regulators
In a letter to the Financial Crimes Enforcement Network today, ABA expressed support for a proposal that would subject banks...
Private Flood Insurance Proposal Aims to Ease Compliance
The FDIC, OCC, Federal Reserve, Farm Credit Administration and National Credit Union Administration today issued a proposed rule implementing the...
ABA Comments on Proposed TRID Revisions
In a joint comment letter with the Consumer Bankers Association yesterday, ABA responded to a proposal by the Consumer Financial...
Treasury Further Eases Financial Sanctions on Cuba
As part of the Obama administration’s continued opening toward Cuba, the Treasury Department today announced the easing of additional financial...
ABA Welcomes Call Report Changes, Urges More Streamlining
While welcoming the banking agencies’ proposed streamlining of the Call Report for banks with less than $1 billion in assets...
CFPB Updates TRID Compliance Guide
The Consumer Financial Protection Bureau yesterday issued an updated small entity compliance guide to the TILA-RESPA integrated disclosures.
Dems Press Regulators for CRA Reform
A group of Democratic lawmakers from both the House and Senate wrote to the federal regulatory agencies asking them to...
