19apr25 – Regulatory Report

What's up

[ March 24, 2026 ] Limits on credit union car loan participations eliminated under latest dereg proposal Federal financial regulation
[ March 23, 2026 ] Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool NCUA
[ March 20, 2026 ] Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay The Fed
[ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
[ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC

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 […]

Limits on credit union car loan participations eliminated under latest dereg proposal

March 24, 2026 0

No limits on purchase or participation in indirect auto loans serviced by a third party would be imposed on credit unions under a proposal issued by their federal regulator Tuesday. In its so-called “eighth round” of deregulation proposals, the National [...]
Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool

March 23, 2026 0

The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans and leases, the agency said [...]
Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay

March 20, 2026 0

A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account for her own benefit. The [...]