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July 12, 2019 |
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 Features
A new rule is expected to provide significant relief to lenders. Ensure your bank is ready to comply.
Risk and Compliance News
The five federal financial regulatory agencies have finalized a rule implementing a section of the S. 2155 regulatory reform law that grants an exclusion from the Volcker Rule for certain community banks. The rule will take effect upon publication in the Federal Register.
The Consumer Financial Protection Bureau recapped its efforts in 2018 to fulfill its statutory mandate to ensure consumers are protected from discrimination in its seventh Fair Lending Report issued recently.
Progress by the largest banks in implementing the total loss-absorbing capacity standard has been "steady and significant," according to a new review published week by the Basel, Switzerland-based Financial Stability Board.
Responding to a statutorily required review of the CFPB’s 2009 overdraft rule, ABA noted in a comment letter that the "opt-in" rule has empowered customers to make informed choices about seeking or declining overdraft protection services for debit card point-of-sale or ATM transactions.
In response to a recent request for information, ABA filed two comment letters offering feedback to the CFPB on potential changes to its remittance rule. The bureau issued the RFI ahead of the July 2020 expiration of a temporary provision allowing depository institutions to estimate certain fees and exchange rates when making disclosures to their customers.
TrainingJuly 22-26, 2019 July 24, 2019 August 2, 2019 October 2, 2019 October 5-11, 2019 October 7-11, 2019 December 8-10, 2019 |
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