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ICBA: Additional beneficial ownership reporting changes needed

ICBA said that while it supports the FinCEN’s plan to amend its proposed beneficial ownership information reporting form, it is concerned the proposal would require database users to determine...

Nov 01, 2023
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Article
Congressional Matters

White House releases executive order on AI standards

President Joe Biden signed an executive order to establish new safety, privacy, and equity standards for artificial intelligence.

Oct 31, 2023
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Article
Technology

Watchdog warns of money-laundering threats

The Financial Action Task Force—a global anti-money-laundering watchdog—updated its list of jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.

Nov 06, 2023
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Article
Digital Assets

ICBA offers high-level CRA summary ahead of briefing

ICBA released a high-level summary of the recently released interagency final rule to reform Community Reinvestment Act regulations ahead of an upcoming ICBA briefing on the rule.

Nov 06, 2023
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Article
Federal Reserve Federal Deposit Insurance Corporation (FDIC)

ICBA issues high-level summary of CRA final rule

ICBA released a high-level summary of the recently released interagency final rule to reform Community Reinvestment Act regulations ahead of an upcoming ICBA briefing on the rule.

Nov 02, 2023
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Article
Compliance Federal Deposit Insurance Corporation (FDIC)

Final rule on Treasury check liability will not mandate verification system

The Treasury Department’s Bureau of Fiscal Service issued a final rule governing the payments of Treasury checks.

Nov 02, 2023
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Article
Compliance

The 15 Latest Holiday Scams To Watch Out for in 2023

Holiday scams can happen at any time — from Black Friday and Cyber Monday to the weeks and months leading up to the end of the year.

Nov 02, 2023
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Article

Please join us in welcoming our newest field rep, Jean Taddonio

Please join us in welcoming our newest field rep, Jean Taddonio. Jean will be serving Connecticut, Massachusetts, Rhode Island, New Hampshire, Vermont, Maine, New York and New Jersey.

Nov 02, 2023
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Article