Notices and information from other, related federal agencies of interest (FinCEN, etc.)
Global “stablecoins” and their service providers should “never be outside the scope of anti-money laundering controls,” the international group of regulators that sets standards for combating money laundering, terrorist financing, and other illicit activities said […]
Banks and “other parties” are advised to be on notice of potential actions by the Treasury Department as it develops sanctions targeting Turkey for “any potential human rights abuses or destabilizing actions in Syria,” the […]
The inspector general office of the federal bank deposit insurance agency, operating despite its most recent funding lapse and using funds from the deposit insurance fund, violated both the Antideficiency Act and the purpose statute […]
Four recommendations – including for regular feedback – on improving communications about how anti-money laundering (AML) devices such as suspicious activity reports (SARs) are used by federal regulators were made by the congressional watchdog in […]
The payments system is an “essential public utility” that “cannot be left solely in the hands of private enterprise,” a former federal banking regulator told the Senate Banking Committee Wednesday in testimony supporting the Federal […]
The federal bank deposit insurer’s proposal Tuesday to ease collateral provisions of the interagency swap margin rule drew criticism and a warning from the chair of the House panel with jurisdiction over financial industry laws […]
Nearly 60% of applications for home loans were approved by financial institutions and other lenders in 2018, but those loans exempted from certain reporting under last year’s regulatory relief legislation saw an origination rate of […]
Regulatory Report is taking a one-week break, beginning Monday (Aug. 26). Daily updates (and emails to our subscribers) will resume the day after Labor Day, Tuesday Sept. 3. However, during the interregnum, Reg Report will […]
Financial schemes for laundering the proceeds from illegal sales of the drug fentanyl and other synthetic opioids are the subject of an advisory issued Wednesday to financial institutions by the Treasury Department’s top office for […]
The Federal Financial Institutions Examination Council’s (FFIEC) Appraisal Subcommittee (ASC), which oversees states’ real estate appraisal programs, is set to hold its next open meeting at 10 a.m. ET on Aug. 28 in Washington. Reports […]
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