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ICBA: Guidance on third parties a key step
ICBA: Guidance on third parties a key step ICBA told regulators it supports their efforts to consolidate guidance on third-party risk management while providing recommendations on the proposed...
Top stablecoin issuer fined $41M over reserve claims
Top stablecoin issuer fined $41M over reserve claims The Commodity Futures Trading Commission fined Tether, the largest stablecoin issuer, $41 million for misleading claims that its U.S. dollar...
ICBA, groups push back on IRS reporting false claims
ICBA, groups push back on IRS reporting false claims With Congress working to modify its IRS reporting proposal in response to widespread opposition, ICBA and 100 other organizations pushed back...
ICBA backs hybrid exam model
ICBA backs hybrid exam model 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. ICBA...
Jack Henry Partners with Open Banking Providers to Enhance Digital Platform
Jack Henry Partners with Open Banking Providers to Enhance Digital Platform Jack Henry announced today that Finicity, Akoya, and Plaid are among the first open banking pioneers to integrate to the...
ICBA concerns with OCC nomination make headlines
ICBA concerns with OCC nomination make headlines The New York Times covered ICBA’s concerns with the nomination of Cornell University law professor Saule Omarova for comptroller of the currency....
OCC nomination continues generating press
OCC nomination continues generating press ICBA’s concerns with the nomination of Cornell University law professor Saule Omarova for comptroller of the currency continued generating headlines....
Senators ramp up opposition to IRS reporting plan
Senators ramp up opposition to IRS reporting plan Congressional pushback against the reconciliation package’s ICBA-opposed IRS reporting proposal continued with commentary from Senate leaders....
Senators continue opposition to 7(a) direct lending
Senators continue opposition to 7(a) direct lending 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...
DOJ team to target crypto platforms
DOJ team to target crypto platforms The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said The Justice Department has...
Global regulators issue guidance on stablecoin oversight
Global regulators issue guidance on stablecoin oversight Central bankers and international securities regulators issued guidance on how financial market principles would apply to stablecoins....
WSJ editorial targets IRS reporting plan
WSJ editorial targets IRS reporting plan ICBA’s campaign against the reconciliation package’s IRS reporting proposal picked up additional steam with a Wall Street Journal editorial opposing the...
Quarles: LIBOR definitely expiring at year-end
Quarles: LIBOR definitely expiring at year-end Market participants should act now to accelerate their transition away from LIBOR, Federal Reserve Vice Chair for Supervision Randal Quarles said....
Financial Stability Board issues stablecoin progress report
Financial Stability Board issues stablecoin progress report The Financial Stability Board issued a progress report on its implementation of high-level recommendations on regulating “global...
ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data
ICBA Offers Cybersecurity Tips to Help Safeguard Sensitive Data ICBA and the nation’s community banks are reminding consumers of simple actions they can take during Cybersecurity Awareness Month...
Administration planning crypto charter proposal: report
Administration planning crypto charter proposal: report The Biden administration’s upcoming report on digital assets will include recommendations on imposing bank-like regulation on crypto...
ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation
ICBA Congratulates Consumer Financial Protection Bureau Director Rohit Chopra on Confirmation Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following...
ICBA Testifies on Preserving Community Bank SBA Lending
ICBA Testifies on Preserving Community Bank SBA Lending The Independent Community Bankers of America today called on Congress to reject proposed changes to the Small Business Administration 7(a)...
ICBA Securities’ Exclusively Endorsed Broker Announces Sale
ICBA Securities’ Exclusively Endorsed Broker Announces Sale ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America, released the following statement in...
ICBA takes on postal banking pilot in press
ICBA takes on postal banking pilot in press ICBA continued its pushback against the U.S. Postal Service’s quiet launch of a financial services pilot program to test postal banking. ICBA continued...