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CFPB issues FAQs on 1071 rule

The Consumer Financial Protection Bureau issued frequently asked questions on its Section 1071 small-business data collection and reporting rule. The FAQs cover which financial institutions,...

Jun 30, 2023
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Article
Compliance

ICBA Commends Fed’s Bowman for Remarks on Pending Regulatory Capital Reforms

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Federal Reserve Governor Michelle Bowman’s recent remarks on responsive and...

Jun 28, 2023
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Article
Regulatory Relief

ICBA backs FTC inquiry on cloud computing providers

ICBA said it supports the Federal Trade Commission’s interest in the role and business practices of cloud service providers, or CSPs.

Jun 27, 2023
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Article
Cybersecurity

CFPB accepting Community Bank Advisory Council applications

The Consumer Financial Protection Bureau said it will be accepting applications for membership on the Community Bank Advisory Council and other advisory committees between July 3 and July 16.

Jun 27, 2023
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Article
Compliance