ABA Urges FinCEN to Refine SAR Burden Calculation Methodology
While the Financial Crimes Enforcement Network’s effort to calculate and evaluate the burden of filing Suspicious Activity Reports is a ...
Tag: Regulatory burden
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 ...
CFPB to Issue Advisory Opinions, Encourage Self-Reporting
As part of its efforts to prevent consumer harm, the Consumer Financial Protection Bureau today announced that it will issue ...
FDIC Watchdog: Clearer Criteria Needed for Regulatory Cost-Benefit Analyses
The FDIC “does not currently have a consistent process in place” for conducting cost-benefit analyses to determine the effects of ...
Podcast: Global Correspondent Banking at a U.S. Community Bank
With $1.57 billion in assets, HAB Bank isn't big -- but it's a community bank with global reach. The New ...
Quarles Makes Case for Fed Supervision Revamp
Taking note of the inherent tension in bank supervision between the need for confidentiality and tailoring on one hand and ...
Bowman: Fed Weighing Expanded Transparency on Core Provider Exam Info
As part of its efforts to facilitate community bank innovation, the Federal Reserve may provide banks with information about core ...
Agencies Propose Regulatory Reforms to Volcker Rule’s ‘Covered Funds’ Provisions
The federal banking agencies today issued a joint proposal to amend the “covered funds” regulatory provisions of the Volcker Rule, ...
ABA Outlines Principles for More Transparent Regulation in Letter to FDIC
In a comment letter to the FDIC today, the American Bankers Association outlined five general principles that the agency should ...
CFPB Formalizes Policy on Using ‘Compliance Aids’
As part of a broader regulatory effort to clarify the role of guidance, the Consumer Financial Protection Bureau is issuing ...
