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FinCEN seeking comment on application for reporting identifier

The Financial Crimes Enforcement Network is seeking additional comment on a proposed application that entities would use to obtain an identifier for reporting beneficial ownership information.

Sep 29, 2023
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Article
Cybersecurity Technology

CISA launches cybersecurity public awareness campaign

The Cybersecurity and Infrastructure Security Agency announced the launch of a nationwide cybersecurity public awareness campaign to educate Americans on how to stay safe online.

Sep 27, 2023
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Article
Cybersecurity Technology

ICBA opposing congressional efforts to advance rate caps

ICBA and other groups expressed united opposition to a legislative proposal to impose a national cap on the fees and interest charged on consumer loans.

Sep 27, 2023
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Article
Lending

Senate preps for vote on resolution to reverse 1071 rule

With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to...

Sep 27, 2023
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Article
Compliance Payments

ICBA Commends Senate Banking Committee for Passing Bipartisan Cannabis-Banking Bill

ICBA today commended the Senate Banking Committee for its passage of the SAFER Banking Act, legislation that would establish a safe harbor from sanctions for financial institutions that serve...

Sep 27, 2023
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Article
Cannabis banking

ICBA requests comment extension on overtime proposal

ICBA and other groups asked the Labor Department to extend by 60 days the comment period on its proposal to increase the number of employees who are entitled to overtime compensation.

Sep 27, 2023
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Article
Small Business Administration

Key stakeholders join opposition to credit card routing bill

A key member of the House along with major airlines and transportation unions last week announced their opposition to legislation that would impose credit card routing restrictions, which ICBA...

Sep 25, 2023
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Article
Credit Cards Payments

Fed’s Bowman urges community banks to weigh in on agency rulemakings

Federal Reserve Governor Michelle Bowman encouraged community bankers to provide feedback on agency rulemakings.

Sep 25, 2023
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Article
Climate Community Reinvestment Act (CRA) Risk