FDIC Consolidates Change in Bank Control Requirements
The FDIC is today finalizing a rule to consolidate its notice requirements when non-Fed-member state banks and state thrifts experience ...
Tag: Reporting
FinCEN Chief: ‘Unusual Number’ of Credit Unions Not Filing SARs, CTRs
Many credit unions have not filed any Bank Secrecy Act-mandated Suspicious Activity Reports or Currency Transaction Reports for the past ...
ABA Advocacy Wins Changes, Accelerated Review of Call Report Burden
As part of its efforts to reduce Call Report burden, the banking agencies today advanced changes to the Call Report ...
NYBA Wins Challenge to New York City Law
The New York Bankers Association on Friday won its legal challenge to New York City’s Responsible Banking Act, with a ...
Federal Court Rules NYC’s Responsible Banking Act Preempted by NBA
The district court’s ruling aligned with the arguments in the ABA’s amicus brief.
SEC Adopts CEO Pay Ratio Disclosure Rule
By a 3-2 vote, the Securities and Exchange Commission today approved a final rule requiring public companies to disclose the ...
Senate Democrats Urge Rules for Small Biz Loan Data Disclosure
Sen. Cory Booker (D-N.J.) led a group of several Senate Democrats on Friday in asking Consumer Financial Protection Bureau Director ...
Onerous Tax Reporting Provision Removed from Trade Bill
Following advocacy by ABA, state associations, bankers and other financial trade groups, a controversial revenue-raising provision in trade preferences bill ...
Banks Join DOJ’s Swiss Bank Program
The Justice Department announced last week that four banks — Société Générale Private Banking (Lugano-Svizzera), MediBank AG, LBBW (Schweiz) AG, ...
