Compliance News

In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.

Regulations and Guidance
Oct 26, 2023 | NewsWatch Today
CFPB targets credit card interest, fees in latest report

The Consumer Financial Protection Bureau said total outstanding credit card debt eclipsed $1 trillion last year for the first time since the CFPB began collecting this data.

Oct 25, 2023 | NewsWatch Today
Regulators approve Community Reinvestment Act final rule

Federal regulators issued an interagency final rule to reform Community Reinvestment Act regulations.

Oct 20, 2023 | NewsWatch Today
CFPB issues 1033 proposal on sharing consumer data

The Consumer Financial Protection Bureau released its proposal to implement standards for sharing consumer financial data under Section 1033 of the Dodd-Frank Act.

Oct 13, 2023 | NewsWatch Today
CFPB, DOJ: Law protects credit applicants regardless of immigration status

The Consumer Financial Protection Bureau and Justice Department said in a joint statement that all credit applicants are protected from discrimination under the Equal Credit Opportunity Act, regardless of their immigration status.

Oct 12, 2023 | NewsWatch Today
CFPB issues guidance on fees for providing account information

ICBA said it is reviewing new Consumer Financial Protection Bureau guidance requiring banks and credit unions over $10 billion in assets to provide account information requested by customers without charging fees.

Oct 10, 2023 | NewsWatch Today
Chopra: CFPB’s 1033 consumer data proposal coming this month

The Consumer Financial Protection Bureau this month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.

Oct 10, 2023 | NewsWatch Today
ICBA releases handout on 1071 rule for small-business customers

ICBA added a new handout for small-business customers to its collection of customizable tools on the Consumer Financial Protection Bureau’s Section 1071 rule.

Oct 3, 2023 | NewsWatch Today
Supreme Court to begin hearing arguments on CFPB constitutionality

The U.S. Supreme Court today is set to hear arguments in a case challenging the constitutionality of the Consumer Financial Protection Bureau.

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