Tag: Reporting
Fed to Evaluate Large Bank ‘Living Wills,’ Fintech in 2017
Speaking at a legal event in Washington, D.C., today, Federal Reserve General Counsel Scott Alvarez outlined several issues the agency ...
IRS Issues Guidance for Information Reporting De Minimis Rule
The IRS yesterday issued guidance on the safe harbor from penalties for tax filers making de minimis errors when filing ...
Fed Issues Final Rule on Liquidity Reporting
The Federal Reserve today approved a final rule specifying how large banking organizations must make quarterly disclosures of their liquidity ...
FinCEN Extends FBAR Filing Deadline
The Financial Crimes Enforcement Network announced today that it will extend the deadline for certain filings of Form 114 (the ...
OCC Finalizes EGRPRA-Related Regulatory Changes
The OCC today finalized a rule that would make several regulatory adjustments as part of its efforts under the Economic ...
FHFA Issues Final ‘Duty to Serve’ Rule
The Federal Housing Finance Agency today issued a final rule requiring Fannie Mae and Freddie Mac to submit plans for ...
Fed Grants Extension on Liquidity Reporting for GSIBs
The Federal Reserve Board today issued an interim final rule delaying certain filling filing deadlines for banks required to submit ...
IRS to Issue Guidance on Modified Loan Interest Ambiguity
The IRS has informed ABA that it will conduct a formal process to issue guidance on whether and how to ...
ABA Compliance Center Inbox, November/December 2016
The creditor will need to defend its underwriting practices to “prove” that education level provides some amount of repayment predictability.
