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ICBA supports SEC proposal to include more crypto firms in ‘exchange’ definition

ICBA expressed support for a Securities and Exchange Commission proposal confirming that crypto exchanges must follow the same rules of the road as other entities that trade securities.

Jun 15, 2023
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Article
Digital Assets

OCC: Banks should be ‘on balls of their feet’ in monitoring risk

While the overall strength of the federal banking system is sound, banks should be “on the balls of their feet” regarding risk management, the OCC said in its latest Semiannual Risk Perspective.

Jun 15, 2023
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Article
Risk

Chopra: CFPB to solicit 1033 comments in coming months

The Consumer Financial Protection Bureau expects to seek comments on its pending rulemaking to establish standards for sharing consumer financial data in the coming months, CFPB Director Rohit...

Jun 13, 2023
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Article
Compliance

ICBA seeking candidates for panel on CFPB rulemaking

ICBA is seeking community bankers interested in joining a Small Business Regulatory Enforcement Fairness Act panel to weigh in on a Consumer Financial Protection Bureau rulemaking under the Fair...

Jun 12, 2023
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Article
Compliance

ICBA seeking feedback on Nacha ACH risk management proposal

ICBA is seeking survey responses from member community bankers on the potential impact of nine Nacha proposals related to ACH risk management.

Jun 09, 2023
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Article
Risk

Agencies propose guidance on reconsiderations of value

Federal regulators requested public comment on proposed guidance addressing reconsiderations of value, or ROVs, for residential real estate transactions.

Jun 09, 2023
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Article
Compliance Housing Finance/GSEs

OCC seeking feedback on consumer trust in banking survey

The OCC today is slated to release a request for information for its first-ever survey on consumer trust in banking and bank supervision.

Jun 09, 2023
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Article
Compliance

CISA, FBI issue advisory on MOVEit Transfer vulnerability

The Cybersecurity and Infrastructure Security Agency and FBI published a joint cybersecurity advisory with technical information on the CL0P ransomware gang, also known as TA505.

Jun 08, 2023
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Article
Cybersecurity