FinCEN Issues Prepaid Card FAQs
The Financial Crimes Enforcement Network today issued guidance on highlighting the regulatory expectations for nonbank sellers of prepaid cards.
Tag: Regulatory burden
ABA Shares Reg Relief Ideas in Final EGRPRA Letter
ABA today filed its fourth and final comment letter in response to the decennial EGRPRA regulatory burden review that the ...
CFPB Rule Broadens QM Coverage for Lenders in Rural, Underserved Areas
The Consumer Financial Protection Bureau today issued an interim final rule broadening the availability of certain special provisions for small ...
ABA Asks Basel Committee to Withdraw Step-In Risk Proposal
In a comment letter today, ABA called on the Basel Committee on Banking Supervision to withdraw a proposal to set ...
Cordray: CFPB Will Provide Further TRID Guidance
In congressional testimony yesterday, Consumer Financial Protection Bureau Director Richard Cordray said that the bureau would provide further question-and-answer guidance ...
OCC Updates Guidance on Oil, Gas Lending
The OCC today updated its Comptroller's Handbook with a revised booklet on oil and gas exploration and production lending.
Shelby Makes Case for Reg Relief
Economic growth requires a robust, competitive banking system, and the Dodd-Frank Act and current regulatory environment inhibit that, Senate Banking ...
House Members Ask CFPB for Community Financial Institution Exemptions
A bipartisan group of 329 House members wrote to the Consumer Financial Protection Bureau yesterday, urging the agency to exempt ...
ABA Opposes Wholesale Adoption of Basel Credit Risk Approach
In a comment letter to the federal regulatory agencies last week, ABA expressed concerns over the wholesale adoption of the ...
