Susan Broaddus

Transferred OTS Regulations Regarding Securities Offerings of State Savings Associations, Statement of Policy on the Use of Offering Circulars, Proposed Rulemaking Regarding Securities Offerings by State Nonmember Banks and State Savings Associations, and Other Technical Amendments

February 4, 2021 0

Title: Transferred OTS Regulations Regarding Securities Offerings of State Savings Associations, Statement of Policy on the Use of Offering Circulars, Proposed Rulemaking Regarding Securities Offerings by State Nonmember Banks and State Savings Associations, and Other […]

CFPB’s Uejio directs end to COVID-19-related ‘pause’ on quarterly HMDA reporting, data collections; will review past reg actions against consumer protection mission

February 4, 2021 0

The acting director of the consumer financial protection agency directed staff to end the agency’s “pause” implemented around the start of the COVID-19 pandemic on quarterly Home Mortgage Disclosure Act (HMDA) reporting, CARD Act data […]

NCUA letter notes 2021 asset-size threshold adjustments under mortgage, credit report rules

February 4, 2021 0

Asset-size threshold adjustments for 2021 under federal mortgage regulations, and the annual adjustment for consumer report fee limits, are detailed for credit unions in National Credit Union Administration (NCUA) Letter to Credit Unions 21-RA-02, released […]

FinCEN invites input as it plans first-ever Financial Crimes Tech Symposium

February 4, 2021 0

Input from the private sector and other interested parties to the planning of an inaugural Financial Crimes Tech Symposium – a global effort that will look at how new technology can be used to more […]

FDIC rates 3 out of 65 banks ‘outstanding’ under CRA; one ‘needs to improve’

February 4, 2021 0

Three banks earned ratings of “outstanding” in November for their compliance with the anti-redlining Community Reinvestment Act (CRA), according to information released Thursday by the Federal Deposit Insurance Corp. (FDIC). In its report on the […]

OCC plans virtual ‘Office Hours’ for mid-March

February 3, 2021 0

The nation’s federal bank chartering agency has scheduled a virtual Innovation Office Hours for March 17-18 “to promote responsible innovation in the federal banking system,” according to an announcement Wednesday, and those interested in getting […]

FinCEN warns financial institutions of ‘red flags’ for potential COVID-19 health care- or health insurance-related fraud

February 3, 2021 0

An advisory warning financial institutions of a proliferation of fraud schemes tied to health care or health insurance services bought and paid for amid the COVID-19 pandemic was issued Tuesday by the Treasury Financial Crimes […]

New NCUA chairman to talk priorities during Feb. 11 webinar

February 2, 2021 0

National Credit Union Administration (NCUA) Chairman Todd Harper will discuss his priorities at the agency during a 90-minute webinar slated Feb. 11, the agency announced Tuesday. The webinar, set for 2 p.m. ET, will also […]

Fed terminates 2018 C&D order with Taiwan bank and its NY agency over BSA/AML

February 2, 2021 0

A consent cease-and-desist order with Hua Nan Commercial Bank Limited, Taipei City, Taiwan, and Hua Nan Commercial Bank Limited New York Agency, New York, over Bank Secrecy Act/anti-money laundering (BSA/AML) deficiencies was terminated by the […]

CFPB updates list of consumer reporting firms; amid COVID-19, nationwide firms must provide weekly reports for free through April

February 1, 2021 0

An updated list of consumer reporting companies – including the three nationwide firms as well as “dozens”of specialty firms – has been published by the federal consumer financial protection agency, the agency said in a […]

Articles by Susan Broaddus

Transferred OTS Regulations Regarding Securities Offerings of State Savings Associations, Statement of Policy on the Use of Offering Circulars, Proposed Rulemaking Regarding Securities Offerings by State Nonmember Banks and State Savings Associations, and Other Technical Amendments

CFPB’s Uejio directs end to COVID-19-related ‘pause’ on quarterly HMDA reporting, data collections; will review past reg actions against consumer protection mission

NCUA letter notes 2021 asset-size threshold adjustments under mortgage, credit report rules

FinCEN invites input as it plans first-ever Financial Crimes Tech Symposium

FDIC rates 3 out of 65 banks ‘outstanding’ under CRA; one ‘needs to improve’

OCC plans virtual ‘Office Hours’ for mid-March

FinCEN warns financial institutions of ‘red flags’ for potential COVID-19 health care- or health insurance-related fraud

New NCUA chairman to talk priorities during Feb. 11 webinar

Fed terminates 2018 C&D order with Taiwan bank and its NY agency over BSA/AML

CFPB updates list of consumer reporting firms; amid COVID-19, nationwide firms must provide weekly reports for free through April

UPDATED: Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers

OCC updates examiner booklet on allowances for credit losses

‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’

Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer

TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred