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FinCEN: Banks lead in reporting mail-related check fraud
The Financial Crimes Enforcement Network said it received more than 15,000 reports from financial institutions on mail theft-related check fraud in the six months after it issued an alert on the...
ICBA: AML/CFT modernization should not expand reg burden
ICBA told the FinCEN that its proposed rule to update anti-money-laundering and countering-the-financing-of-terrorism programs would create additional burdens on banks without benefitting FinCEN’s...
FinCEN publishes beneficial ownership toolkit
The Financial Crimes Enforcement Network published a toolkit for small-business owners with beneficial ownership reporting requirements.
FinCEN: Companies not required to file BOI despite Supreme Court ruling
The Financial Crimes Enforcement Network said reporting companies are not required to file beneficial ownership information despite a recent U.S. Supreme Court ruling overturning a lower court...
FinCEN: BOI reporting requirements back in effect with extended deadline
Following a court decision, the Financial Crimes Enforcement Network announced that beneficial ownership information reporting requirements are back in effect, with a new deadline of March 21 for...
ICBA: FinCEN should fix BSA thresholds, BOI collection
ICBA said community bankers strongly support the role of the Financial Crimes Enforcement Network while recommending updates to beneficial ownership information collection and Bank Secrecy Act...
FinCEN not issuing penalties for BOI reporting deadlines
The Financial Crimes Enforcement Network said it will not issue any fines or penalties or take any other enforcement actions against any companies based on failure to file or update beneficial...
FinCEN issues guidance on cross-border information sharing
The Financial Crimes Enforcement Network issued guidance to encourage and promote appropriate, voluntary cross-border sharing of information between and among financial institutions, including...
FinCEN issues Spanish translation of advisory on Chinese money laundering
FinCEN issues Spanish translation of advisory on Chinese money laundering The Financial Crimes Enforcement Network issued Spanish translations of its August 2025 advisory and financial trend...
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...
Regulators propose updated reporting on web addresses
The federal banking agencies proposed regulatory reporting changes related to the Financial Accounting Standards Board’s accounting standards update on troubled debt restructurings and vintage...
ICBA backs DeFi policy recommendations
ICBA expressed support for the International Organization of Securities Commissions’ recommendations for establishing policies on decentralized finance.
Bank branching deregulation harmed small businesses: FDIC paper
Community banks and small businesses were affected disproportionately by U.S. branching deregulation during the 1990s, according to a new research paper released by the FDIC’s Center for Financial...
ICBA, groups urge FDIC to reconsider appeals office change
ICBA and other groups called on the FDIC to reconsider its decision to eliminate the Office of Supervisory Appeals and reinstate the agency’s Supervision Appeals Review Committee.
ICBA Statement Opposing Consolidation of the Nation’s Banking Regulators
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement opposing the consolidation of the nation’s banking regulators.
House committee passes ICBA-advocated reg relief bills
The House Financial Services Committee passed several ICBA-supported bills during a two-day markup.
ICBA Commends Fed Vice Chair Barr for Targeting Regulatory Capital Reforms on Largest Institutions
(ICBA) President and CEO Rebeca Romero Rainey issued the following statement on Federal Reserve Vice Chair for Supervision Michael Barr’s remarks on pending regulatory capital rules.
Bowman: Policy response to bank failures shouldn’t undermine tiered regulation
Policymakers should ensure the response to recent bank failures does not undermine regulatory tailoring and risk-based supervision, Federal Reserve Governor Michelle Bowman said.
ICBA sets the record straight on efforts to combat 1071 rule
In a new message to community bankers, ICBA President and CEO Rebeca Romero Rainey outlines the state of the CFPB’s problematic 1071 rule, including ICBA’s efforts to fight to protect community...
Lawmakers urge FHFA to align capital standards with banking agencies
ICBA expressed support for a new bipartisan letter from members of Congress urging the FHFA to align its capital rules with those of federal banking regulators to avoid penalizing community banks...
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.
Fed plans to release its review of SVB failure this Friday
The Federal Reserve Board said it will release its review of the supervision and regulation of Silicon Valley Bank at 11 a.m. (Eastern time) this Friday.
Voters in Key Battleground States Support Structural Reforms to CFPB
Voters in Key Battleground States Support Structural Reforms to CFPB Fifty-eight percent of registered voters in key battleground states say the Consumer Financial Protection Bureau (CFPB) should...
ICBA to Congress: Reverse Ill-Conceived and Counterproductive Arbitration Ruling
ICBA to Congress: Reverse Ill-Conceived and Counterproductive Arbitration Ruling ICBA sent letters to Congress in support of Sen. Mike Crapo’s (R-Idaho) and Rep. Keith Rothfus’s (R-Pa.)...
ICBA Strongly Opposes CFPB Arbitration Agreements Final Rule
ICBA Strongly Opposes CFPB Arbitration Agreements Final Rule ICBA President and CEO Camden R. Fine released a statement on the Arbitration Agreements final rule issued by the Consumer Financial...
Consumer Bureau Joins Innovation Network
Consumer Bureau Joins Innovation Network The Bureau of Consumer Financial Protection and 11 international financial regulators said they plan to create a global network to promote innovation. The...
Bureau Offers HMDA Verification Tool
Bureau Offers HMDA Verification Tool The Bureau of Consumer Financial Protection launched the File Format Verification Tool for HMDA data collected in 2018 and submitted in 2019. The tool tests...
CFPB reports on debt settlement, credit counseling
CFPB reports on debt settlement, credit counseling The Consumer Financial Protection Bureau released a report documenting changes in how consumers have used debt settlement and credit counseling...
CFPB rescinds part of small-dollar rule
CFPB rescinds part of small-dollar rule The Consumer Financial Protection Bureau issued a final rule on small-dollar lending that rescinds the mandatory underwriting provisions of the 2017 rule but...
CFPB reports consumer COVID-19 complaints
CFPB reports consumer COVID-19 complaints The Consumer Financial Protection Bureau reported on more than 8,000 complaints it received from January through May that mention the coronavirus or...
CFPB report touts credit builder loans
CFPB report touts credit builder loans The Consumer Financial Protection Bureau released a report on how credit builder loans could help consumers establish credit records and improve the credit...
CFPB updates Reg Z thresholds
CFPB updates Reg Z thresholds The Consumer Financial Protection Bureau issued a final rule with its annual amendments to dollar amounts for several provisions in Regulation Z. The Consumer...
ICBA Statement on CFPB Small-Business Proposal Outline
ICBA Statement on CFPB Small-Business Proposal Outline ICBA President and CEO Rebeca Romero Rainey issued a statement on today's Consumer Financial Protection Bureau outline of proposals to...
ICBA backs limited scope of debt-collection rule
ICBA backs limited scope of debt-collection rule ICBA said it supports how the Consumer Financial Protection Bureau structured its notice of proposed rulemaking on disclosures for collecting...
ICBA offers alternative to redefining QM
ICBA offers alternative to redefining QM ICBA expressed concerns with the Consumer Financial Protection Bureau's proposal to change its Qualified Mortgage definition to a price-based approach. ICBA...
ICBA to CFPB: extend GSE patch
ICBA to CFPB: extend GSE patch ICBA filed a comment letter urging the Consumer Financial Protection Bureau to extend its policy exempting Fannie Mae and Freddie Mac mortgage loans from the bureau’s...
CFPB issues advisory opinion on SPCPs
CFPB issues advisory opinion on SPCPs The Consumer Financial Protection Bureau issued an advisory opinion to address regulatory uncertainty regarding Regulation B related to special purpose credit...
Payment info in credit reports varies by account type: CFPB
Payment info in credit reports varies by account type: CFPB The share of installment-loan credit accounts with payment amount information furnished to credit reporting agencies has trended upward...
CFPB grants no-action letter for BofA small-dollar products
CFPB grants no-action letter for BofA small-dollar products The Consumer Financial Protection Bureau granted a no-action letter to Bank of America for certain small-dollar credit products for BofA...
CFPB, Colorado AG hosting joint office hours
CFPB, Colorado AG hosting joint office hours The Consumer Financial Protection Bureau and Office of the Colorado Attorney General announced joint office hours focused on financial innovation on...
CFPB issues resources on housing help
CFPB issues resources on housing help The Consumer Financial Protection Bureau released brochures, videos, and other resources to help consumers seeking mortgage and housing assistance during the...
CFPB updates HMDA filing guide
CFPB updates HMDA filing guide The Consumer Financial Protection Bureau released an update to its Filing Instructions Guide for HMDA data collected in 2021 and reported in 2022. The Consumer...
ICBA Backs Senate Push for Community Bank Relief at CFPB
ICBA Backs Senate Push for Community Bank Relief at CFPB Urges Concerned Lawmakers to Pass Pending Regulatory Relief Bills Washington, D.C. (July 19, 2016)—The Independent Community Bankers of...
ICBA Statement on CFPB’s Mortgage Disclosure Rule
ICBA Statement on CFPB’s Mortgage Disclosure Rule Washington, D.C. (July 29, 2016)—Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine released this statement on the...
ICBA Statement on Supreme Court Hearing CFPB Constitutionality Case
ICBA Statement on Supreme Court Hearing CFPB Constitutionality Case ICBA President and CEO Rebeca Romero Rainey issued a statement following the U.S. Supreme Court’s announcement that it would hear...
CFPB Issues Proposed Rule on Debt Collection
CFPB Issues Proposed Rule on Debt Collection The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to implement the Fair Debt Collection Practices Act. Under its proposal,...
Court Delays Bureau’s Small-Dollar Rule
Court Delays Bureau’s Small-Dollar Rule A federal court this week granted the Bureau of Consumer Financial Protection’s request to delay the effective date of its rule on small-dollar loans. The...
ICBA Statement on Home Mortgage Disclosure Act Final Rule
ICBA Statement on Home Mortgage Disclosure Act Final Rule Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today's Consumer...
Bureau Opening Regional Office in Atlanta
Bureau Opening Regional Office in Atlanta The Bureau of Consumer Financial Protection said it will relocate its southeast regional office from Washington, D.C., to Atlanta, Ga., in late 2019. The...
Kraninger encourages input on reg environment
Kraninger encourages input on reg environment Consumer Financial Protection Bureau Director Kathleen Kraninger encouraged public input on the bureau's request for information on the regulatory...
Free Credit Freezes Are Here
Free Credit Freezes Are Here A provision of S. 2155 requiring credit reporting agencies to freeze consumer credit reports at no charge took effect Friday. These security or credit freezes restrict...
CFPB ratifies regulations following Supreme Court decision
CFPB ratifies regulations following Supreme Court decision The Consumer Financial Protection Bureau ratified most regulatory actions it took from Jan. 4, 2012, through June 30, 2020. The CFPB said...
CFPB directors may be removed at will, Supreme Court rules
CFPB directors may be removed at will, Supreme Court rules The U.S. Supreme Court ruled that the Consumer Financial Protection Bureau's single-director governance structure is unconstitutional and...
CFPB outlines consent order termination process
CFPB outlines consent order termination process The Consumer Financial Protection Bureau issued a policy statement outlining the process of applying for early termination of administrative consent...
ICBA to CFPB: Expand 'seasoned' QM plan
ICBA to CFPB: Expand 'seasoned' QM plan ICBA encouraged the CFPB to expand on its proposal to create a new category of "seasoned" qualified mortgages. ICBA encouraged the CFPB to expand on its...
ICBA: No disparate impact liability under ECOA
ICBA: No disparate impact liability under ECOA ICBA told the Consumer Financial Protection Bureau that "disparate impact" liability is not legally cognizable under the Equal Credit Opportunity Act....
ICBA: CFPB should narrow 1071 reporting plan
ICBA: CFPB should narrow 1071 reporting plan The Consumer Financial Protection Bureau's outline of proposals for implementing small-business data collection and reporting rules is too broad and...
CFPB issues follow-up debt-collection rule
CFPB issues follow-up debt-collection rule The Consumer Financial Protection Bureau issued a final rule to implement Fair Debt Collection Practices Act requirements for certain consumer...
CFPB issues final policy on advisory opinions
CFPB issues final policy on advisory opinions The Consumer Financial Protection Bureau issued its final policy on advisory opinions, which are designed to provide guidance to entities on...
ICBA: Extend consumer protections to data aggregators
ICBA: Extend consumer protections to data aggregators ICBA called on the Consumer Financial Protection Bureau to ensure nonbanks that access customer financial information take the same care in...