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ICBA briefing on CRA rule tomorrow
ICBA tomorrow is hosting a complimentary community bank briefing on the interagency final rule to reform Community Reinvestment Act regulations.
FinCEN warns of Employee Retention Credit fraud
The Financial Crimes Enforcement Network issued an alert to financial institutions on fraud schemes related to the COVID-19 Employee Retention Credit.
Agencies extend comment period on megabank debt proposal
Federal banking regulators extended the comment period on their long-term debt proposed rule for large banks until Jan. 16, 2024. Comments on the proposal were originally due by Nov. 30.
FDIC approves special committee for workplace review
The FDIC board of directors unanimously approved a special committee to oversee an independent third-party review of the agency’s workplace culture following reports of misconduct.