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Durbin Amendment expansion out of congressional omnibus

Congress left out of its end-of-year omnibus spending bill numerous ICBA-opposed legislative initiatives, including language to extend the Durbin Amendment to credit cards.

Dec 21, 2022
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Article
Lending

CFPB updates HELOC brochure

The Consumer Financial Protection Bureau issued an update to its “What you should know about home equity lines of credit” brochure.

Dec 19, 2022
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Article
Compliance

NCUA chief backs bill to tighten credit union cyber oversight

The head of the National Credit Union Administration called on Congress to pass ICBA-advocated legislation that would authorize the agency to examine credit union third-party service providers for...

Dec 19, 2022
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Article
Credit Unions Cybersecurity

FinCEN proposes rule on accessing beneficial ownership info

The Financial Crimes Enforcement Network issued a proposed rule governing access to and protection of beneficial ownership information.

Dec 16, 2022
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Article
Technology Fintech Regulation