Compliance Modularity: A Path to Efficiency
A small shift in how you think about your vendors can make a big difference.
Browsing: Compliance
Healy Recognized with Distinguished Service Award
Thomas Healy, CRCM and VP, enterprise compliance at USAA, received the Distinguished Service Award for compliance during ABA’s Risk and Compliance Virtual Conference this week.
State Law Compliance: How to Design a Sustainable Process
Prior to Dodd-Frank, federal law often preempted state law. Under the new analysis, that is generally no longer the case. As a result, banks of all sizes and charters have had to pay more attention to state law.
CFPB Announces Pilot Program to Issue Binding Advisory Opinions
Under a new pilot program launched by the Consumer Financial Protection Bureau today, entities seeking to comply with existing regulations may request an advisory opinion from the bureau to address areas of uncertainty.
CFPB Director to Keynote ABA Risk and Compliance Virtual Conference
Consumer Financial Protection Bureau Director Kathy Kraninger will deliver a live keynote address during ABA’s Risk and Compliance Virtual Conference, to be held July 28-30.
OCC Issues Long-Awaited Final Rule Clarifying ‘Valid When Made’ Principle
The OCC issued a long-awaited final rule today affirming that permissible interest on a loan made by a national bank or federal thrift remains valid when the loan is transferred or sold, codifying the “valid when made” principle for nationally chartered banks.
Financial Regulators Issue Joint Principles for Responsible Small-Dollar Loan Programs
To encourage banks and other depository institutions to engage in responsible small-dollar lending, federal financial regulators today issued long-awaited joint guidance for offering these types of loans to consumers and small businesses.
OCC Unilaterally Finalizes Community Reinvestment Act Changes
The OCC today issued its long-awaited final rule making significant changes to the regulations implementing the Community Reinvestment Act—the first overhaul of the CRA framework in more than three decades.
CFPB to Offer Flexibility for Creditors Working to Resolve Billing Errors During Pandemic
The Consumer Financial Protection Bureau today said it would provide flexibility for creditors to resolve billing errors during the coronavirus pandemic.
ABA Announces New Risk and Compliance Virtual Conference
To support bankers as they continue to manage and plan for new challenges, ABA will hold a national Risk and Compliance Virtual Conference on July 28-30.