CFPB issues long-awaited Section 1071 final rule
The CFPB released a long-awaited final rule implementing Section 1071 of the Dodd-Frank Act, which requires the collection and reporting ...
Tag: Dodd-Frank
Biden, Waters call for stronger repercussions for execs of failed banks
Following the failures of Silicon Valley Bank and Signature Bank earlier this month, the Biden administration called on Congress to ...
Practical data privacy compliance amid regulatory swirl
With more than 130 data protection regulations already in place, achieving and maintaining privacy compliance has become one of the ...
Compliance for 2023: What does the future hold?
With uncertainty the rule, the best advice is to have banks’ change-management processes ready for whatever comes.
CFPB unveils proposed data-sharing rules
The Consumer Financial Protection Bureau today outlined proposals under consideration that would require businesses to make a consumer’s financial information ...
CFPB to begin soliciting small-bank input on data-sharing rule this week
Before issuing a proposed rule, the CFPB must convene a panel of small businesses that represent their markets to provide ...
Lawmakers introduce House version of ABA-opposed Durbin-Marshall bill
Reps. Peter Welch (D-Vt.) and Lance Gooden (R-Texas) today introduced a companion bill to the Credit Card Competition Act of ...
CFPB to hold technical implementation meetings on 1071 reporting
As the CFPB continues work on its Dodd Frank Act Section 1071 rulemaking—which relates to the collection of small business ...
ABA, financial trade groups oppose Durbin expansion bill in letter to Congress
ABA joined a broad coalition of state bankers associations and credit union associations in a strongly worded letter sent Friday ...
ABA, BPI urge Senate to reject establishment of duplicative ‘systemically important’ designation
As the Senate considers the 2023 National Defense Authorization Act, ABA and the Bank Policy Institute urged lawmakers to omit ...
