ABA, Trade Groups Support HUD Private Flood Insurance Proposal
The American Bankers Association today joined a coalition of finance, housing and insurance trade groups in a letter urging the...
Compliance and Risk
Federal Banking Agencies Issue FAQs on Suspicious Activity Reporting
The federal banking agencies on Tuesday issued a set of frequently asked questions providing clarity about suspicious activity reporting and...
AML Innovation and Whistleblower Provisions of the NDAA Mean Important Changes Ahead
Modernization efforts will likely be accompanied by increased enforcement activity. A strong culture of compliance will be more critical than...
Podcast: Predicting Bank Risk in an Unpredictable Year
What's top of mind for community bank risk managers in 2021? Kristina Schaefer provides an overview of what's on her...
Fed Finalizes Conforming Changes to Capital Plan Rule
The Federal Reserve today finalized a rule making changes to its capital planning requirements that apply to large bank holding...
Agencies Issue Final Rules Clarifying Role of Supervisory Guidance
The FDIC, OCC, Consumer Financial Protection Bureau and the National Credit Union Administration today each issued final rules codifying that...
FHFA Issues RFI on Managing Climate, Natural Disaster Risk
The Federal Housing Finance Agency today issued a request for input seeking feedback on how climate change and natural disasters...
CFPB Finalizes Exemption from Escrow Requirements for HPMLs
The Consumer Financial Protection Bureau today finalized a rule exempting certain higher-priced mortgage loans from a requirement under Regulation Z...
FDIC Revises Guidelines for Appeals of Material Supervisory Determinations
The FDIC board today approved ABA-supported changes to the agency’s guidelines for appeals of material supervisory determinations.
Your Fair and Responsible Banking Program in 2021 and Beyond
Building a robust fair lending program and demonstrating compliance is not easy, but merely avoiding unlawful credit discrimination doesn’t need...
