An exemptive relief order for investment advisors (IAs) covered by a September 2024 final rule imposing Bank Secrecy Act (BSA) anti-money laundering (AML) program requirements was issued Tuesday and will remain in effect until Jan. […]
Banks supervised by the Federal Reserve Board are now permitted to obtain a customer’s tax identification number (TIN) from a third party under an exemption order approved July 24 and announced Thursday by the Federal […]
A former loan officer for MassMutual Federal Credit Union (Springfield, Mass.) who reportedly caused more than $900,000 in losses to his credit union has been barred from any future work in any federally insured depository […]
Adam Cohen is poised to take the post of senior deputy comptroller and chief counsel at the Office of the Comptroller of the Currency (OCC) as of Aug. 11, according to the agency. In a […]
The new comptroller on Wednesday announced the appointment of Kate Tyrrell as chief of staff and senior deputy comptroller at the Office of the Comptroller of the Currency (OCC). Johathan Gould, sworn in to the […]
The fourth notice in a process of regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) was issued by federal banking regulators with a 90-day comment period attached. The aim of the […]
A direct final rule published May 21 to rescind procedures by which a state official must notify the bureau when the official takes action to enforce the Consumer Financial Protection Act (CFPA) is rescinded as […]
Forty-four of the 598 inquiries and complaints processed by its ombudsman’s office in 2024 related to data breaches and cyber threats at federally insured credit unions, the National Credit Union Administration (NCUA) said in releasing […]
Three briefings make up the agenda for the July 24 open meeting of the National Credit Union Administration (NCUA) Board, which currently consists solely of its Republican chairman, Kyle Hauptman. A board briefing on artificial […]
Comments are due Aug. 14 on the Federal Reserve Board’s proposal to ease its large financial institution (LFI) rating system and the ratings system for depository institution holding companies “significantly engaged” in insurance activities, according […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info