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ICBA urges FinCEN to modify proposed beneficial owner reporting form

ICBA called on the Financial Crimes Enforcement Network to modify its proposed form for collecting beneficial ownership information from reporting companies.

Mar 22, 2023
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Article
Technology Financial Crimes Enforcement Network (FinCEN)

ICBA: Community Banks Remain Healthy and Vibrant

Independent Community Bankers of America President and CEO Rebeca Romero Rainey today issued the following statement on today’s remarks from Treasury Secretary Janet Yellen.

Mar 21, 2023
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Article
Advocacy Community Bank Awareness

FS-ISAC warns of cybercrime following SVB failure

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary warns that community institutions should anticipate that cybercriminals will attempt to capitalize on...

Mar 20, 2023
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Article
Cybersecurity Technology

Biden pushes tougher penalties for executives after bank closures

President Joe Biden called on Congress to authorize tougher penalties for senior bank executives whose mismanagement contributed to their institutions failing.

Mar 20, 2023
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Article
Too-Big-To-Fail/Systemic Risk

ICBA Denounces Remarks from Treasury Secretary Janet Yellen on Bailouts for Systemically Risky Institutions

ICBA President and CEO Rebeca Romero Rainey issued a statement on today’s testimony from Treasury Secretary Janet Yellen that uninsured deposits will be protected only at depository institutions...

Mar 17, 2023
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Article
Deposit Insurance Deposit Insurance

Yellen remarks reflect ICBA calls for policy that doesn’t pick winners and losers

Treasury Secretary Janet Yellen said her department is committed to ensuring the health and competitiveness of the community banking system, reflecting ICBA’s calls for policymakers to ensure...

Mar 22, 2023
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Article
Advocacy Community Bank Awareness

CFPB expands survey of credit card issuers

The Consumer Financial Protection Bureau announced an updated survey of credit card issuers designed to help consumers and families compare interest rates and other features when shopping for a new...

Mar 22, 2023
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Article
Compliance

CFPB updates rules with agency contact info

The Consumer Financial Protection Bureau issued a final rule to make non-substantive corrections and updates to federal agency contact information in Regulations B, E, F, J, V, X, Z, and DD.

Mar 20, 2023
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Article
Compliance