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Global group finalizes crypto policy recommendations

The International Organization of Securities Commissions finalized its recommended policies to govern digital assets markets.

Nov 17, 2023
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Article
Digital Assets

ICBA issues comprehensive CRA summary, reschedules briefing

ICBA released a comprehensive summary of the recently released interagency final rule to reform Community Reinvestment Act regulations.

Nov 17, 2023
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Article
Community Reinvestment Act (CRA)

ICBA issues comprehensive CRA summary, reschedules briefing

ICBA released a comprehensive summary of the recently released interagency final rule to reform Community Reinvestment Act regulations.

Nov 16, 2023
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Article
Compliance Community Reinvestment Act (CRA)

Congress continues pressing regulators on community bank reg burden

Members of Congress continued to press prudential regulators about the impact of their rulemakings on community banks during a second day of oversight hearings.

Nov 16, 2023
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Article
Congressional Matters

IMF makes case for ICBA-opposed CBDC

Global policy groups continued making their case for central bank digital currencies with the release of a new International Monetary Fund guidebook on digital dollars.

Nov 16, 2023
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Article
Digital Assets

ICBA, groups: CFPB should reject petition for arbitration rerun

ICBA and other groups urged the Consumer Financial Protection Bureau to deny a recent petition seeking a rulemaking that would ban pre-dispute arbitration provisions in contracts for consumer...

Nov 15, 2023
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Article
Consumer Financial Protection Bureau (CFPB)

Regulators emphasize community bank exemptions during Senate hearing

Federal banking regulators emphasized community bank exemptions from various regulations while testifying before the Senate Banking Committee.

Nov 15, 2023
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Article
Compliance

Cyber agency releases AI roadmap

The Cybersecurity and Infrastructure Security Agency released an artificial intelligence roadmap designed to support the secure development and implementation of AI capabilities.

Nov 15, 2023
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Article
Technology

ICBA launching survey on recent regulatory changes

ICBA this week is launching a survey on the value of community banks, small-business lending, and the regulatory environment. The survey will inform a forthcoming ICBA report on the impact of...

Nov 14, 2023
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Article
Compliance

Grassroots key as Congress debates spending bills

With Congress working this week to advance funding bills to avoid a government shutdown ahead of Friday’s deadline, ICBA is calling on community bankers to contact their members of Congress on...

Nov 13, 2023
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Article
Congressional Matters Compliance

FinCEN issues final rule on beneficial ownership identifiers

The Financial Crimes Enforcement Network issued a final rule that specifies the circumstances in which a reporting company may report an entity’s FinCEN identifier in lieu of information about...

Nov 09, 2023
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Article
Compliance

FinCEN issues new SAR term for reporting export control evasion

The Financial Crimes Enforcement Network and the Bureau of Industry and Security issued a joint notice highlighting a new Suspicious Activity Report key term.

Nov 09, 2023
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Article
Compliance

FDIC board meeting today on special assessment

The FDIC board of directors is scheduled to meet at 10 a.m. (Eastern time) today to finalize the agency’s special assessment to replenish the Deposit Insurance Fund following large bank failures...

Nov 16, 2023
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Article
Federal Deposit Insurance Corporation (FDIC)

Introducing ICBA Payments

ICBA Bancard, ICBA’s payments subsidiary, unveiled its new brand—ICBA Payments. The name change reflects its expanded offerings beyond card services and a broader focus on the larger payments...

Nov 15, 2023
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Article

ICBA Bancard Rebrands to ICBA Payments

ICBA Bancard, the payments subsidiary of the Independent Community Bankers of America (ICBA), today unveiled its new brand—ICBA Payments.

Nov 14, 2023
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Article

ICBA supports proposed tax treatment for digital assets

ICBA expressed support for an Internal Revenue Service proposal designed to clarify the tax treatment of digital assets.

Nov 14, 2023
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Article
Digital Assets

ICBA briefing on CRA rule this week

ICBA is slated to hold a complimentary briefing this week on the interagency final rule to reform Community Reinvestment Act regulations.

Nov 14, 2023
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Article
Community Reinvestment Act (CRA)

Bowman reiterates CRA, interchange, climate concerns

Federal Reserve Governor Michelle Bowman reiterated her concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

Nov 13, 2023
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Article
Federal Reserve

Luetkemeyer raises concerns with GSE credit score change

A key member of the House Financial Services Committee raised concerns with the Federal Housing Finance Agency’s plan to change credit report requirements for Fannie Mae and Freddie Mac mortgages.

Nov 13, 2023
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Article
Federal Housing Finance Agency

Regulators target CRA, interchange, climate standards

Federal Reserve Governor Michelle Bowman expressed concerns with the community bank impact of regulators’ Community Reinvestment Act final rule and other recent agency actions.

Nov 09, 2023
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Article
Compliance