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FinCEN Advisory on Imposter Scams and Money Mule Schemes Related to COVID-19
July 7, 2020 / Source: FinCEN
FinCEN Advisory on Imposter Scams and Money Mule Schemes Related to COVID-19 Immediate Release July 07, 2020 External Link https://www.fincen.gov/resources/advisories/fincen-advisory-fin-2020-a003
SBA and Treasury Announce Release of Paycheck Protection Program Loan Data
July 6, 2020 / Source: SBA
PRESS RELEASES SBA and Treasury Announce Release of Paycheck Protection Program Loan Data July 6, 2020 WASHINGTON – The U.S. Small Business Administration, in consultation with the Treasury Department, today announced it was releasing detailed loan-level data regarding the loans made under the Paycheck Protection Program (PPP). This disclosure covers each of the 4.9 million…
Flood Disaster Protection Act: Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance July 6, 2020
July 6, 2020 / Source: OCC
OCC Bulletin 2020-69| July 6, 2020 Flood Disaster Protection Act: Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance To Chief Executive Officers and Compliance Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties Summary On July 6, 2020, the Office of…
FDIC Issues List of Banks Examined for CRA Compliance July 2, 2020
July 2, 2020 / Source: FDIC
FDIC Issues List of Banks Examined for CRA Compliance July 2, 2020 FOR RELEASE The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in April 2020. The CRA is…
OCC Releases CRA Evaluations for 21 National Banks and Federal Savings Associations July 2, 2020
July 2, 2020 / Source: OCC
News Release 2020-88 | July 2, 2020 OCC Releases CRA Evaluations for 21 National Banks and Federal Savings Associations WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of June 1, 2020 through June 30, 2020. The list contains only national…
CFPB, OCC Host Virtual Innovation Office Hours JUL 02, 2020
July 2, 2020 / Source: CFPB
CFPB, OCC Host Virtual Innovation Office Hours JUL 02, 2020 WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) today announced they will host joint, virtual Innovation Office Hours, July 29-30, as part of the American Consumer Financial Innovation Network (ACFIN). Participants will have the opportunity…
Reminder to file the 2020 Annual Report of Blocked Property
July 2, 2020 / Source: OFAC
Reminder to file the 2020 Annual Report of Blocked Property 31 C.F.R. § 501.603 of the Reporting, Procedures and Penalties Regulations (RPPR) requires holders of blocked property to provide the Office of Foreign Assets Control (OFAC) with a comprehensive list of all blocked property held as of June 30 of the current year by September 30. …
Extension of the Swap Margin Rule Compliance Dates: Interim Final Rule
July 1, 2020 / Source: OCC
OCC Bulletin 2020-67| July 1, 2020 Extension of the Swap Margin Rule Compliance Dates: Interim Final Rule To Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties Summary On June 25, 2020, the Office of the Comptroller of the Currency (OCC),…
Margin and Capital Requirements for Covered Swap Entities: Final Rule to Amend the Swap Margin Rule
July 1, 2020 / Source: OCC
OCC Bulletin 2020-66| July 1, 2020 Margin and Capital Requirements for Covered Swap Entities: Final Rule to Amend the Swap Margin Rule To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties Summary On June 25, 2020, the Office of the…
Spring 2020 Rulemaking Agenda
July 1, 2020 / Source: CFPB
Spring 2020 Rulemaking Agenda The Bureau has published its Spring 2020 Agenda as part of the Spring 2020 Unified Agenda of Federal Regulatory and Deregulatory Actions , which is coordinated by the Office of Management and Budget under Executive Order 12866. The agenda lists the regulatory matters that we expect to focus on between May 1, 2020…
Financial Regulators Issue Statement on Managing the LIBOR Transition
July 1, 2020 / Source: FFIEC
Press Release For Immediate Release July 1, 2020 Financial Regulators Issue Statement on Managing the LIBOR Transition The members of the Federal Financial Institutions Examination Council (FFIEC) today highlighted the risks that will result from the transition away from LIBOR, and encouraged supervised institutions to continue their efforts to transition to alternative reference rates in…