19apr25 – Regulatory Report

What's up

[ February 25, 2026 ] FinCEN solicits nominations to BSA advisory panel Other
[ February 24, 2026 ] Although net income fell in Q4, banks ended 2025 with four-year high ROA; lending rises FDIC
[ February 24, 2026 ] UPDATED: Proposals would remove financial ed requirement for credit union board members, clarify loan compensation rules NCUA
[ February 24, 2026 ] Banks no longer required by FinCEN to ‘give us some SKN’ on suspicious activity reports Other
[ February 18, 2026 ] Fastest-growing bank loan segment? Loans to non-bank financials (at a clip of nearly 22% annually), report finds FDIC

CFPB, in RFI, seeks input on remittance rule coverage, temporary disclosures exception

April 25, 2019 0

How to mitigate the impact on remittance providers of next year’s expiration of a remittance rule disclosure exception, and just what firms are subject to the rule itself, is the focus of a Consumer Financial […]

Branch of Tokyo-based Sumitomo Mitsui bank latest to face BSA/AML enforcement action

April 25, 2019 0

Another foreign bank operating in the U.S. has found itself at odds with the country’s anti-money laundering regulations and is now subject to an enforcement action, the Federal Reserve said Thursday. Sumitomo Mitsui Banking Corporation […]

FinCEN solicits nominations to BSA advisory panel

February 25, 2026 0

Treasury’s financial crimes enforcement arm is seeking nominations of eligible organizations – including smaller financial institutions subject to the Bank Secrecy Act (BSA) and entities that can share insights on BSA framework modernization and implementation of the GENIUS Act – [...]
Although net income fell in Q4, banks ended 2025 with four-year high ROA; lending rises

February 24, 2026 0

Even though banks saw their net income drop in the final quarter of 2025, they did report a four-year high return on assets (ROA) ratio of 1.24%, according to fourth quarter numbers released Tuesday by the federal bank deposit insurance [...]
UPDATED: Proposals would remove financial ed requirement for credit union board members, clarify loan compensation rules

February 24, 2026 0

Six credit union deregulation proposals – including ones dealing with issues related to loan commissions and post-election training for new board members – are included in the sixth round of such offerings by the federal credit union regulator, issued Tuesday. [...]
Banks no longer required by FinCEN to ‘give us some SKN’ on suspicious activity reports

February 24, 2026 0

Banks will no longer have to file suspicious activity reports (SARs) with the term “SKN Passport” in the narrative for transactions involving investors in the Caribbean nation of St. Kitts and Nevis, the Treasury’s financial crimes arm said Tuesday. The [...]