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FS-ISAC offers Russia-Ukraine cyber update
The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary report offers the latest on the Russo-Ukraine conflict, including a joint advisory on Russian...
Bolton: Tax-subsidized credit union acquisitions demand Washington response
The resurgence of tax-exempt credit union acquisitions of community banks during the first part of 2022 is posing new threats to underserved communities, ICBA Chairman Brad Bolton writes in a new...
ICBA Summary of President Biden’s Executive Order on Digital Assets
On March 9, 2022, President Joe Biden signed an executive order that outlines the administration’s strategy to address crypto asset risks, develop a framework to promote responsible innovation, and...
CFPB expands anti-discrimination oversight under UDAAP authority
The Consumer Financial Protection Bureau said it is expanding its “anti-discrimination efforts” beyond credit products to counter discriminatory practices “across the board in consumer finance.”
Biden signs omnibus with ICBA-advocated fixes
President Joe Biden formally signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.
ICBA testifying tomorrow on PPP
ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.
CFPB encourages Homeowner Assistance Fund participation
The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.
FS-ISAC: Global cyber threats to accelerate
FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical...