Upcoming Events
Effective Date: Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies,
April 01, 2021
The OCC, Board, and FDIC (collectively, the agencies) are adopting a final rule that applies to advanced approaches banking organizations with the aim of reducing both interconnectedness within the financial system and systemic risks. The final rule requires deduction from a banking organization’s regulatory capital for certain investments in unsecured debt instruments issued by foreign…
Effective Date: Activities and Operations of National Banks and Federal Savings Associations
April 01, 2021
The Office of the Comptroller of the Currency is issuing a final rule to revise and reorganize its regulations relating to the activities and operations of national banks and Federal savings associations and to amend its rules relating Federal savings association corporate governance. This rule clarifies and codifies recent OCC interpretations, integrates certain regulations for…
Effective Date: Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): General QM Loan Definition
March 01, 2021
With certain exceptions, Regulation Z requires creditors to make a reasonable, good faith determination of a consumer's ability to repay any residential mortgage loan, and loans that meet Regulation Z's requirements for “qualified mortgages” (QMs) obtain certain protections from liability. One category of QMs is the General QM category. For General QMs, the ratio of…
Effective Date: Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): Seasoned QM Loan Definition
March 01, 2021
With certain exceptions, Regulation Z requires creditors to make a reasonable, good faith determination of a consumer's ability to repay any residential mortgage loan, and loans that meet Regulation Z's requirements for “qualified mortgages” (QMs) obtain certain protections from liability. Regulation Z contains several categories of QMs, including the General QM category and a temporary…
Effective Date: Unsafe and Unsound Banking Practices: Brokered Deposits and Interest Rate Restrictions
April 01, 2021
The FDIC is finalizing revisions to its regulations relating to the brokered deposits and interest rate restrictions that apply to less than well capitalized insured depository institutions. For brokered deposits, the final rule establishes a new framework for analyzing certain provisions of the ‘‘deposit broker’’ definition, including ‘‘facilitating’’ and ‘‘primary purpose.’’ For the interest rate…
Effective Date: Fair Access to Financial Services
April 01, 2021
The Office of the Comptroller of the Currency is issuing this final rule to ensure that national banks and Federal savings associations provide fair access to financial services. Read more here.
Comment Period: FRB: Community Reinvestment Act
February 16, 2021
The Board of Governors of the Federal Reserve System (Board) is publishing for public comment an advance notice of proposed rulemaking (ANPR) to solicit public input regarding modernizing the Board's Community Reinvestment Act regulatory and supervisory framework. The Board is seeking comment on all aspects of the ANPR from all interested parties and also requests…
Comment Period: Resolution Planning
March 29, 2021
The Federal Housing Finance Agency (FHFA) is seeking comment on a proposed rule that would require Fannie Mae and Freddie Mac (the Enterprises) to develop plans to facilitate their rapid and orderly resolution in the event FHFA is appointed receiver. A resolution planning rule is an important part of FHFA's on-going effort to develop a…
Comment Period: Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
April 12, 2021
The OCC, Board, and FDIC (together, the agencies) invite comment on a notice of proposed rulemaking (proposed rule or proposal) that would require a banking organization to provide its primary federal regulator with prompt notification of any “computer-security incident” that rises to the level of a “notification incident.” The proposed rule would require such notification…
Comment Period: Exemptions to Suspicious Activity Report Requirements
February 22, 2021
The FDIC is inviting comment on a proposed rule that would modifyStart Printed Page 6581the requirements for FDIC-supervised institutions to file Suspicious Activity Reports (SARs). The proposed rule would amend the FDIC's SAR regulation to allow the FDIC to issue exemptions from the SAR requirements. The proposed rule would make it possible for the FDIC…
Submission of 2020 HMDA Data
March 01, 2021
Submissions of 2020 HMDA data will be considered timely if received on or before Monday, March 1st, 2021.
Live Membership Demo 02-25-2021
February 25, 2021
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. This meeting is presented by our Membership team, and will last about an…
Live Membership Demo 02-23-2021
February 23, 2021
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. This meeting is presented by our Membership team, and will last about an…
Live Membership Demo 02-18-2021
February 18, 2021
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. This meeting is presented by our Membership team, and will last about an…
Live Membership Demo 02-16-2021
February 16, 2021
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. This meeting is presented by our Membership team, and will last about an…
Live Membership Demo 02-11-2021
February 11, 2021
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. This meeting is presented by our Membership team, and will last about an…
Live Membership Demo 02-09-2021
February 09, 2021
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A's additional services. This meeting is presented by our Membership team, and will last about an…
PPP Compliance Huddle (02/03/2021)
February 03, 2021
To help bankers with the reopening of PPP, C/A has opened its huddles to members and non-members who are part of an FDIC-insured bank. This is an interactive event facilitated by our compliance professionals. Every month, Compliance Alliance gathers bankers from our community nationwide and engages them to an open discussion about the issues that their organizations…
PPP Compliance Huddle (01/27/2021)
January 27, 2021
To help bankers with the reopening of PPP, C/A has opened its huddles to members and non-members who are part of an FDIC-insured bank. This is an interactive event facilitated by our compliance professionals. Every month, Compliance Alliance gathers bankers from our community nationwide and engages them to an open discussion about the issues that their organizations…
Live User Walkthrough (3/2021)
March 16, 2021
In this 30-45 minute session, we will demonstrate all the features of the Compliance Alliance website. During this meeting, we encourage our members to ask us about even the site’s most basic functions – after all, there are no bad questions, only bad answers. If you have any areas of focus you would like addressed…
Live User Walkthrough (4/2021)
April 20, 2021
In this 30-45 minute session, we will demonstrate all the features of the Compliance Alliance website. During this meeting, we encourage our members to ask us about even the site’s most basic functions – after all, there are no bad questions, only bad answers. If you have any areas of focus you would like addressed…
NACHA Rule Changes for 2021
January 21, 2021
Description: STOP! Are you aware of the new NACHA Rule Changes for 2021? YIELD to Compliance Alliance an hour of your time and join us for an informative webinar on January 21, 2021 at 2:30 CT. We will discuss upcoming changes to NACHA rules through webinar presentation and accompanying manual. After attending, you will have the…
HMDA: Common Issues (Webinar)
March 18, 2021
Description: The Home Mortgage Disclosure Act requires certain financial institutions to collect, report and disclosure information about mortgage loans. This webinar is going to provide a HMDA overview, a recap of recent amendments and focus on areas of concerns. We will discuss commons issues that financial institutions face and answer frequent questions we receive from our…
February 2021 Compliance Huddle
February 10, 2021
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: Upon registration, you can submit a topic…
Back2Basics: Opening New Accounts–Consumer & Commercial
March 02, 2021
Description: This webinar will be an overview of account opening regulatory requirements including but not limited to Reg DD, Reg CC, Reg GG, Reg E, and E-sign. It will discuss account opening expectations for LLC’s and other business accounts, minor accounts, online accounts, and regular personal accounts. 3 Key Take-aways: – Learn the compliance requirements…