Regulatory Compliance Calendar

Upcoming Events

Effective Date: NACHA Rule on Micro-Entries

September 16, 2022

Category: Effective Date

A new Nacha Rule defining and standardizing Micro-Entry formatting and practices has been passed to improve the effectiveness of Micro-Entries as a means of account validation; to better enable Financial Institutions and other parties to identify and monitor Micro-Entries; to improve ACH Network quality. Effective in two phases, though Nacha encourages all ACH Network participants…

SAFE Act – Start Date – 2022 Annual Renewal Period

November 01, 2022

Category: Mandatory Compliance

An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

SAFE Act – End Date – 2022 Annual Renewal Period

December 31, 2022

Category: Mandatory Compliance

An MLO must renew his or her registration during the annual renewal period by confirming and updating his or her registration records. A covered financial institution must update the information it submitted to the Registry during the annual registration renewal period and must confirm the registration information provided by MLO employees during this period.

Effective Date: OCC CRA Final Rule January 1, 2023

January 01, 2023

Category: Effective Date

SUMMARY: The Office of the Comptroller of the Currency (OCC) is adopting a final rule to strengthen and modernize the Community Reinvestment Act (CRA) by clarifying and expanding the activities that qualify for CRA credit; updating where activities count for CRA credit; creating a more consistent and objective method for evaluating CRA performance; and providing…

More events

Full Calendar