ICBA and the Cybersecurity and Infrastructure Security Agency are scheduled to host another tabletop exercise to support community bank cybersecurity this fall.
The federal banking agencies proposed regulatory reporting changes related to the Financial Accounting Standards Board’s accounting standards update on troubled debt restructurings and vintage disclosures.
In recognition of Cybersecurity Awareness Month in October, the Independent Community Bankers of America (ICBA) and the nation’s community banks are offering tips to consumers on practical measures they can take to protect their sensitive data and reduce risk.
The latest episode of ICBA’s “Independent Banker” podcast spotlights what artificial intelligence means for community banks and how they can take advantage of it.
Congress on Saturday passed a short-term government funding extension, which President Joe Biden signed into law, averting a government shutdown. The agreement keeps the government funded at current levels until Nov. 17.
The OCC released its bank supervision operating plan for fiscal 2024, which the agency’s staff uses to guide supervisory priorities, planning, and resource allocations.
The Bank for International Settlements said an experiment showed that wholesale central bank digital currencies can be used to facilitate cross-border trading and settlement between financial institutions.
The Financial Crimes Enforcement Network is seeking additional comment on a proposed application that entities would use to obtain an identifier for reporting beneficial ownership information.
The Financial Crimes Enforcement Network issued a proposal to extend the deadline for certain reporting companies to file their initial beneficial ownership information reports.
The Independent Community Bankers of America (ICBA) today commended the Senate Banking Committee for its passage of the SAFER Banking Act (S. 2860), bipartisan legislation that would establish a safe harbor from federal sanctions for financial institutions that serve cannabis-related businesses in states where cannabis is legal.
The Cybersecurity and Infrastructure Security Agency announced the launch of a nationwide cybersecurity public awareness campaign to educate Americans on how to stay safe online.
ICBA and other groups expressed united opposition to a legislative proposal to impose a national cap on the fees and interest charged on consumer loans.
ICBA and other groups asked the Labor Department to extend by 60 days the comment period on its proposal to increase the number of employees who are entitled to overtime compensation.
With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to support the measure.
