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OCC issues CRA fact sheets ahead of comment deadline

The OCC released a series of fact sheets on the banking agencies’ proposed updates to Community Reinvestment Act regulations ahead of the Aug. 5 comment deadline.

Jul 29, 2022
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Article
Compliance

CFPB adds new debt-collection FAQs

The Consumer Financial Protection Bureau added a new section to its frequently asked questions on the Debt Collection Rule in Regulation F.

Jul 29, 2022
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Article
Compliance

ICBA to committee: Fully vet stablecoin bill before any vote

While legislation is urgently needed to address risks posed by unregulated stablecoins, taking up last-minute legislation at this week’s House Financial Services Committee markup would be...

Jul 25, 2022
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Article
Digital Assets Technology

FS-ISAC spotlights Holy Ghost ransomware group

The Financial Services Information Sharing and Analysis Center’s latest weekly risk report details the Holy Ghost ransomware group, which has been active for more than a year and has connections to...

Jul 25, 2022
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Article
Cybersecurity Technology

ICBA urges agencies to keep voluntary cyber tool up to date

ICBA called on federal regulators to continue building on the Cybersecurity Assessment Tool risk assessment framework while keeping it voluntary.

Jul 25, 2022
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Article
Cybersecurity Technology

Senators introduce broad cannabis bill as safe harbor push continues

Senate Democrats introduced sweeping legislation to end federal cannabis prohibitions, potentially paving the way for an ICBA-advocated cannabis banking safe harbor.

Jul 22, 2022
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Article
Cannabis banking

Feds announce first crypto insider trading indictment

Federal law enforcement officials announced the first-ever insider trading tipping indictment involving cryptocurrency.

Jul 22, 2022
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Article
Digital Assets Technology

House again passes cannabis banking bill

The House advanced an ICBA-advocated cannabis banking safe harbor as part of a fiscal 2023 defense authorization bill.

Jul 18, 2022
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Article
Cannabis banking