ICBA LIVE 2022 set for San Antonio

Oct 20, 2021 | NewsWatch Today
ICBA announced its ICBA LIVE 2022 national convention is scheduled for Feb. 27-March 3 in San Antonio.

ICBA seeks updates to cyber reporting bill

Oct 20, 2021 | NewsWatch Today
ICBA advocated updates to bipartisan legislation that would create a cyber incident reporting regime to avoid excessive burdens on community banks.

ICBA: Washington Cannot Salvage Widely Opposed IRS Reporting Plan

Oct 19, 2021 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey today issued a statement on the latest congressional efforts to allow the IRS to collect financial account information from American consumers.

Senators debating IRS reporting plan today

Oct 19, 2021 | NewsWatch Today
Senators are set to host dueling press conferences today on the Biden administration’s ICBA-opposed plan to require banks to report customer information to the IRS.

Farm Credit posts regulatory plan

Oct 19, 2021 | NewsWatch Today
The Farm Credit Administration posted its latest regulatory projects plan. The plan cites pending regulations on a Farm Credit System bridge bank; an annual strategic plan on young, beginning, and small farmers; collateral evaluation regulations; and more.

ICBA: Guidance on third parties a key step

Oct 19, 2021 | NewsWatch Today
ICBA told regulators it supports their efforts to consolidate guidance on third-party risk management while providing recommendations on the proposed interagency guidance.

ICBA Renews its Preferred Service Provider Relationship with OnBoard

Oct 18, 2021 | Press Release
The Independent Community Bankers of America today announced it has extended its relationship with Preferred Service Provider OnBoard and its digital board management solution. OnBoard has been an ICBA Preferred Service Provider since 2015.

State AGs join opposition to IRS reporting plan

Oct 18, 2021 | NewsWatch Today
Attorneys general from 20 states expressed opposition to the Biden administration’s proposal to require banks to report customer information to the IRS.

ICBA: Credit unions shouldn’t get Basel III shortcut

Oct 18, 2021 | NewsWatch Today
ICBA told the National Credit Union Administration that credit unions should first be subject to the full provisions of the Basel III regulatory capital standards before capital relief measures are considered.

Top stablecoin issuer fined $41M over reserve claims

Oct 18, 2021 | NewsWatch Today
The Commodity Futures Trading Commission fined Tether, the largest stablecoin issuer, $41 million for misleading claims that its U.S. dollar token was fully backed by reserves.

OCC issues 2022 supervision plan

Oct 18, 2021 | NewsWatch Today
The OCC released its bank supervision operating plan for fiscal 2022. The plan provides the foundation for policy initiatives and for supervisory strategies to guide OCC staff.

ICBA, groups push back on IRS reporting false claims

Oct 15, 2021 | NewsWatch Today
With Congress working to modify its IRS reporting proposal in response to widespread opposition, ICBA and 100 other organizations pushed back against false claims from supporters of the policy.

ICBA backs hybrid exam model

Oct 15, 2021 | NewsWatch Today
ICBA encouraged the FDIC to adopt a hybrid examination model that uses on-site and off-site exam activity as it explores the future of post-pandemic oversight.

OCC nomination continues generating press

Oct 12, 2021 | NewsWatch Today
ICBA’s concerns with the nomination of Cornell University law professor Saule Omarova for comptroller of the currency continued generating headlines.

ICBA concerns with OCC nomination make headlines

Oct 8, 2021 | NewsWatch Today
The New York Times covered ICBA’s concerns with the nomination of Cornell University law professor Saule Omarova for comptroller of the currency.

Senators ramp up opposition to IRS reporting plan

Oct 8, 2021 | NewsWatch Today
Congressional pushback against the reconciliation package’s ICBA-opposed IRS reporting proposal continued with commentary from Senate leaders.

Financial Stability Board issues stablecoin progress report

Oct 8, 2021 | NewsWatch Today
The Financial Stability Board issued a progress report on its implementation of high-level recommendations on regulating “global stablecoin” arrangements.

Senators continue opposition to 7(a) direct lending

Oct 7, 2021 | NewsWatch Today
A group of 15 Republican senators led by Tim Scott (S.C.) continued pushing back against ICBA-opposed proposed changes to the SBA 7(a) loan program.

DOJ team to target crypto platforms

Oct 7, 2021 | NewsWatch Today
The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said

Global regulators issue guidance on stablecoin oversight

Oct 7, 2021 | NewsWatch Today
Central bankers and international securities regulators issued guidance on how financial market principles would apply to stablecoins.