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Fed touts ‘same risk, same regulation’ approach to innovation

The Federal Reserve Board’s approach to overseeing banking innovation seeks to ensure activities that present fundamentally the same risks are regulated in the same way, a Fed regulator is slated...

Dec 05, 2023
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Article

House passes ICBA-advocated resolution to scrap CFPB 1071 rule

ICBA commended the House for passing an ICBA-advocated resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 small-business data collection and reporting requirements.

Dec 04, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

OCC announces 2024 fees and assessments

The OCC announced its fees and assessments for calendar year 2024.

Dec 04, 2023
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Article

House set to vote today on nullifying 1071 rule

ICBA is calling on community bankers to urge their members of Congress to support a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule ahead of a House vote slated for...

Dec 01, 2023
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Article
Consumer Financial Protection Bureau (CFPB)

FinCEN updates beneficial ownership information resources

The Financial Crimes Enforcement Network updated its beneficial ownership information frequently asked questions, Small Entity Compliance Guide, quick reference materials, and informational video.

Dec 04, 2023
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Article
Financial Crimes Enforcement Network (FinCEN)

FDIC adds new technical assistance videos

The FDIC announced updates to its Technical Assistance Video Program.

Dec 04, 2023
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Article

ICBA Commends House for Passing Resolution to Scrap CFPB’s Onerous Small-Business Reporting Rule

ICBA today commended the House for passing a bipartisan, ICBA-advocated resolution (S.J.Res.32) to nullify the CFPB’s Section 1071 small-business data collection and reporting requirements and...

Dec 01, 2023
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Article
Consumer Financial Protection Bureau (CFPB)

ICBA Independent Banker Honors 2023 Best Community Banks to Work For Winners

The December cover story of Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), spotlights this year’s Best Community Banks to...

Nov 30, 2023
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Article