SEC Adopts CEO Pay Ratio Disclosure Rule
By a 3-2 vote, the Securities and Exchange Commission today approved a final rule requiring public companies to disclose the...
Compliance and Risk
ABA to Agencies: Put Court’s Disparate Impact Framework into Guidance
ABA today asked the financial regulators and law enforcement agencies to include in their guidance, exam procedures and appropriate regulations...
CFPB Study Finds ‘eClosings’ Beneficial to Consumers
Mortgage borrowers who had access to electronically viewed and signed documents at closing -- or “eClosings” -- felt more empowered,...
OCC Issues Guidance on Tax Refund-Related Products
Although few banks offer tax refund-related credit and deposit products, the OCC yesterday issued guidance for managing risks associated with...
CFPB Issues Guidance on Canceling Private Mortgage Insurance
The Consumer Financial Protection Bureau today issued a bulletin outlining the obligations of servicers in handling private mortgage insurance under...
OCC Clarifies Guidance on Commodity Hedging
The OCC issued a bulletin today clarifying its limits on physical commodity transactions by banks. Preexisting OCC guidance allows the...
Weekly Infobyte: What Compliance Functions Do Banks Outsource?
Nearly half of all banks outsource at least one compliance obligation. For those that do, the most commonly outsourced are...
ABA ‘Agenda’ Bills Sail Through House Committee
With bipartisan majorities, the House Financial Services Committee yesterday passed several bills that are part of ABA’s Agenda for America’s...
ABA Staff Analysis Covers New Military Lending Act Restrictions
ABA yesterday issued a bank members-only staff analysis of the Defense Department’s final rule under the Military Lending Act tightening...
CFPB Releases Spanish Version of TILA-RESPA Form Guide
The Consumer Financial Protection Bureau yesterday released the Spanish version of “Your Home Loan Toolkit,” intended to help consumers understand...
