Upcoming Events
1071 Overview and Update
November 21, 2024
Description: Coming soon. People Who Should Attend: Coming soon. The webinar will start at 12:30 PM Pacific / 1:30 PM Mountain / 2:30 PM Central / 3:30 PM Eastern. Presenter: Carol Ann Warren, JDAssociate General Counsel Carol Ann Warren serves as Associate General Counsel for Compliance Alliance. She graduated cum laude from Mississippi College with a…
November 2024 Compliance Huddle
November 13, 2024
Every month, Compliance Alliance gathers bankers from our community nationwide and engages them to an open discussion about the issues that their organizations are navigating. We invite our members to share their concerns and experiences with input and guidance from the compliance professionals who host the event. Ways to Participate:
B2B: Intro to Deposits for Tellers
November 05, 2024
Description: Coming soon. People Who Should Attend: Coming soon. The webinar will start at 12:30 PM Pacific / 1:30 PM Mountain / 2:30 PM Central / 3:30 PM Eastern. Presenter: Julia A. GutierrezVice President of Education Julia A. Gutierrez serves as C/A’s Director of Education; developing curriculum and presentations, as well as presenting at various schools…
BSA/AML Updates and Hot Topics
October 24, 2024
Description: Coming soon. People Who Should Attend: Coming soon. The webinar will start at 12:30 PM Pacific / 1:30 PM Mountain / 2:30 PM Central / 3:30 PM Eastern. Presenter: Julia A. GutierrezVice President of Education Julia A. Gutierrez serves as C/A’s Director of Education; developing curriculum and presentations, as well as presenting at various schools…
October 2024 Compliance Huddle
October 16, 2024
Every month, Compliance Alliance gathers bankers from our community nationwide and engages them to an open discussion about the issues that their organizations are navigating. We invite our members to share their concerns and experiences with input and guidance from the compliance professionals who host the event. Ways to Participate:
B2B: Understanding Regulation E and Unauthorized Transactions
October 08, 2024
Description: Coming soon. People Who Should Attend: Coming soon. The webinar will start at 12:30 PM Pacific / 1:30 PM Mountain / 2:30 PM Central / 3:30 PM Eastern. Presenter: Julia A. GutierrezVice President of Education Julia A. Gutierrez serves as C/A’s Director of Education; developing curriculum and presentations, as well as presenting at various schools…
Effective Date: Fair Hiring in Banking Act
October 01, 2024
AGENCY: Federal Deposit Insurance Corporation. ACTION: Final rule. SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is revising its regulations to conform with the Fair Hiring in Banking Act (FHBA)—which was enacted on and immediately effective as of December 23, 2022. Among other provisions, the FHBA excluded or exempted categories of otherwise-covered offenses from the scope…
Comment Period: Request for Information on Bank-Fintech Arrangements Involving Banking Products and Services Distributed to Consumers and Businesses
September 30, 2024
AGENCY: Office of the Comptroller of the Currency, Treasury; Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation. ACTION: Request for information and comment. SUMMARY: Over the past several years, the Office of the Comptroller of the Currency (OCC), Treasury; the Board of Governors of the Federal Reserve System (Board); and…
Comment Period: Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Regulations Requiring Additional Records To Be Made and Retained by Dealers in Foreign Exchange and Additional Records To Be Made and Retained by Brokers or Dealers in Securities
October 15, 2024
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Notice and request for comments. SUMMARY: As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, of existing information collection requirements found in Bank Secrecy Act regulations that require dealers in foreign exchange and broker-dealers in…
Comment Period: Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Anti-Money Laundering Program Requirements for Casinos
October 15, 2024
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Notice and request for comments. SUMMARY: As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, of existing information collection requirements found in Bank Secrecy Act regulations that require casinos to develop and implement written anti-money…
Comment Period: Regulations Implementing the Change in Bank Control Act
October 18, 2024
AGENCY: Federal Deposit Insurance Corporation. ACTION: Notice of proposed rulemaking. SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is proposing to amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (CBCA) by removing the exemption from the notice requirement for acquisitions of voting securities of a depository institution…
Comment Period: Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Regulations Requiring Records To Be Made and Retained by Financial Institutions, Banks, and Providers and Sellers of Prepaid Access
October 15, 2024
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Notice and request for comments. SUMMARY: As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, of existing information collection requirements found in Bank Secrecy Act regulations that require certain financial institutions to make and retain…
August 2024 Compliance Huddle
August 14, 2024
Every month, Compliance Alliance gathers bankers from our community nationwide and engages them to an open discussion about the issues that their organizations are navigating. We invite our members to share their concerns and experiences with input and guidance from the compliance professionals who host the event. Ways to Participate: Brett Goodnack, JD, CAMS, serves as an…
Effective Date: 7(a) Working Capital Pilot Program
August 01, 2024
AGENCY: U.S. Small Business Administration. ACTION: Notification of pilot program and request for comments. SUMMARY: SBA is introducing a new pilot loan program within the 7(a) Loan Program called “7(a) Working Capital Pilot” (WCP) to provide SBA 7(a) guaranteed lines of credit up to $5 million that may be used to support domestic and international…
Comment Period: Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X
September 09, 2024
AGENCY: Consumer Financial Protection Bureau. ACTION: Proposed rule; request for public comment. SUMMARY: The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing a rule that would amend regulations originally issued in 2013 regarding the responsibilities of mortgage servicers. The proposed amendments would streamline existing requirements when borrowers seek payment assistance in times of distress,…
Effective Date: Small Business Lending Under the Equal Credit Opportunity Act (Regulation B); Extension of Compliance Dates
July 11, 2024
AGENCY: Consumer Financial Protection Bureau. ACTION: Interim final rule with request for public comment. SUMMARY: In light of court orders in ongoing litigation, the Consumer Financial Protection Bureau (CFPB or Bureau) is amending Regulation B to extend the compliance dates set forth in its 2023 small business lending rule and to make other date-related conforming…
Effective Date: Required Rulemaking on Personal Financial Data Rights; Industry Standard-Setting
July 11, 2024
AGENCY: Consumer Financial Protection Bureau. ACTION: Final rule. SUMMARY: The Consumer Financial Protection Bureau (CFPB) is finalizing in part its proposed rule on consumer data rights under section 1033 of the Consumer Financial Protection Act. This final rule establishes minimum attributes a standard-setting body must possess to receive CFPB recognition and to issue consensus standards…
Effective Date: Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders
September 16, 2024
AGENCY: Consumer Financial Protection Bureau. ACTION: Final rule. SUMMARY: Under the Consumer Financial Protection Act of 2010 (CFPA), the Consumer Financial Protection Bureau (Bureau or CFPB) is issuing this final rule to require certain types of nonbank covered persons subject to certain final public orders obtained or issued by a government agency in connection with…
Agency Information Collection Activities; Submission for OMB Review; Comment Request
June 21, 2024
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). ACTION: Joint notice and request for comment. SUMMARY: In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies)…
Mortgagee Letter: Significant Cybersecurity Incident (Cyber Incident) Reporting Requirements
May 23, 2024
This ML requires FHA-approved Mortgagees to notify HUD when a Cyber Incident occurs. The provisions of this ML are effective immediately. All updates will be incorporated into a forthcoming update of the HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook (Handbook 4000.1). https://www.hud.gov/sites/dfiles/OCHCO/documents/2024-10hsgml.pdf
Effective Date: Truth in Lending (Regulation Z); Use of Digital User Accounts To Access Buy Now, Pay Later Loans
August 01, 2024
AGENCY: Consumer Financial Protection Bureau. ACTION: Interpretive rule; request for comment. SUMMARY: The Consumer Financial Protection Bureau (CFPB) is issuing this interpretive rule to address the applicability of subpart B of Regulation Z to lenders that issue digital user accounts used to access credit, including to those lenders that market loans as “Buy Now, Pay…
Comment Period: Anti-Money Laundering and Countering the Financing of Terrorism Programs
September 03, 2024
AGENCY: Financial Crimes Enforcement Network (FinCEN), Treasury. ACTION: Notice of proposed rulemaking. SUMMARY: FinCEN is proposing a rule to strengthen and modernize financial institutions’ anti-money laundering and countering the financing of terrorism (AML/CFT) programs pursuant to a part of the Anti-Money Laundering Act of 2020 (AML Act). The proposed rule would require financial institutions to…
Comment Period: OCC Guidelines Establishing Standards for Recovery Planning by Certain Large Insured National Banks, Insured Federal Savings Associations, and Insured Federal Branches
August 02, 2024
AGENCY: Office of the Comptroller of the Currency, Treasury. ACTION: Notice of proposed rulemaking. SUMMARY: The Office of the Comptroller of the Currency (OCC) is proposing to amend its enforceable recovery planning guidelines (Guidelines) to expand the Guidelines to apply to insured national banks, Federal savings associations, and Federal branches (banks) with average total consolidated…
Comment Period: Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)
August 12, 2024
AGENCY: Consumer Financial Protection Bureau. ACTION: Proposed rule; request for public comment. SUMMARY: The Consumer Financial Protection Bureau (CFPB) is seeking public comment on a proposed rule amending Regulation V, which implements the Fair Credit Reporting Act (FCRA), concerning medical information. The CFPB is proposing to remove a regulatory exception in Regulation V from the…
Comment Period: Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector
August 12, 2024
AGENCY: Departmental Offices, Department of the Treasury. ACTION: Request for information. SUMMARY: The U.S. Department of the Treasury (Treasury) is seeking comment through this request for information (RFI) on the uses, opportunities and risks presented by developments and applications of artificial intelligence (AI) within the financial sector. Treasury is interested in gathering information from a…