ABA, SIFMA Weigh in on Reporting Changes for Government Securities Dealers
ABA and the Securities Industry and Financial Markets Association on Friday wrote to the Federal Reserve and the Office of ...
Tag: Reporting
FASB Expands Proposal on Narrow Goodwill Accounting Relief to Include Privately Held Banks
The Financial Accounting Standards Board announced this week that in response to comments by ABA and others, it will expand ...
IRS Publishes Additional Guidance on Information Reporting for SBA Subsidies
The Internal Revenue Service this week instructed lenders that had, in accordance with previous Small Business Administration guidance, filed or ...
Fed’s Brainard Highlights Need to Understand, Manage Climate Change Risk
Speaking at a virtual industry event today, Federal Reserve Board Governor Lael Brainard highlighted the need to understand risks related ...
Small Biz Panel to CFPB: Prioritize Simplicity, Consistency in Section 1071 Rules
Small entities expected to be affected by the Consumer Financial Protection Bureau’s Dodd-Frank Section 1071 rulemaking recommended that the CFPB ...
ABA Offers Feedback to CFPB Ahead of 1071 Rulemaking
In a comment letter to the Consumer Financial Protection Bureau today, the American Bankers Association offered feedback on a recent ...
Agencies Release 2019 CRA Data on Small Biz, Community Development Lending
The federal banking agencies today released 2019 Community Reinvestment Act data on small business, small farm and community development lending.
SBA: Banks Must File 1099/1098 for CARES Act Loan Subsidies
The Small Business Administration this week released a Q&A document addressing certain tax issues related to payments made on behalf ...
ABA Urges Withdrawal of Proposed Rule Lowering Reporting Threshold for Funds Transfers
ABA urged the Federal Reserve and the Financial Crimes Enforcement Network today to withdraw a proposed rule that would reduce ...
Fed, FinCEN Propose to Lower Reporting Threshold for Funds Transfers
The Federal Reserve and the Financial Crimes Enforcement Network today proposed to reduce the transaction volume threshold for when banks ...
