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What's up
  • [ September 8, 2026 ] Cannabis businesses still having trouble obtaining banking services, report finds Other
  • [ September 4, 2026 ] Targeting order for currency transaction reporting by MSBs along Southwest Border renewed Other
  • [ September 4, 2026 ] FinCEN issues alert, seeks FI vigilance against digital asset investment scams Other
  • [ September 4, 2026 ] Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists The Fed
  • [ September 3, 2026 ] Public banks’ annual financial disclosures should be reviewed by SEC, GAO decides; SEC says ‘not it’ FDIC
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19aug13

FDIC

Final Volcker Rule amendments, appraisal rule up for FDIC Board action next week

August 13, 2019 0

A final rule with revisions to the Volcker Rule, which generally prohibits proprietary trading by banks with more than $10 billion in consolidated assets, is the top item for discussion Aug. 20 during the next […]

NCUA

Credit unions advised: Higher Reg Z thresholds, fee caps go into effect Jan. 1

August 13, 2019 0

Credit unions are on notice by their federal regulator that the consumer financial protection agency has issued a final rule adjusting 2020 thresholds and fee caps under parts of the Truth in Lending Act (TILA, […]

OCC

Otting offers insights on goals for a ‘modern CRA framework’ following Atlanta visit

August 13, 2019 0

Modernizing anti-redlining community reinvestment rules to clarify what counts for credit under the regulations, updating where activity qualifies, making evaluations more objective, and reporting results in a more timely and transparent manner are all on […]

Today

  • New FAQs focus on permissible use of state-issued mobile drivers’ licenses for customer ID verification

    September 8, 2026 0
    Financial institutions may use state-issued mobile driver’s licenses (mDLs) and other government-issued digital credentials for ID verification under the Bank Secrecy Act (BSA)/anti-money laundering (AML) customer ID program (CIP) rule, federal regulators said Tuesday. Treasury’s Financial Crimes Enforcement Network (FinCEN) [...]
  • Cannabis businesses still having trouble obtaining banking services, report finds

    September 8, 2026 0
    Banks still hesitate to provide services to cannabis businesses due to legal issues and costs, according to a report issued Tuesday by the congressional watchdog. And, according to the Government Accountability Office (GAO), although more banks have started serving the [...]
  • Targeting order for currency transaction reporting by MSBs along Southwest Border renewed

    September 4, 2026 0
    A geographic targeting order (GTO) requiring money services businesses (MSBs) along the Southwest Border to file additional currency transaction reports (CTRs) was renewed and accompanied by updates to frequently asked questions. The order, issued by Treasury’s Financial Crimes Enforcement Network [...]
  • 2 banks rated ‘needs to improve,’ 2 ‘outstanding’ in FDIC’s latest CRA ratings list

    September 4, 2026 0
    Of the 37 banks that received evaluation ratings under the anti-redlining Community Reinvestment Act (CRA) in June, two were rated “needs to improve” and two were deemed “outstanding,” their federal regulator said. The Federal Deposit Insurance Corp. (FDIC) list shows [...]
  • FinCEN issues alert, seeks FI vigilance against digital asset investment scams

    September 4, 2026 0
    Financial institutions are urged to be vigilant against digital asset investment scams perpetrated by overseas scam centers in a recent alert from Treasury’s financial crimes enforcement arm. The Financial Crimes Enforcement Network (FinCEN), in a release Thursday, pointed to a [...]
  • Economic activity rose in August, but ‘heightened uncertainty’ linked to energy prices, Iran war persists

    September 4, 2026 0
    Economic activity increased, slightly to moderately, in 10 to 12 Federal Reserve districts since early July through August, the agency said Wednesday in its latest semi-monthly report on economic conditions. However, the Beige Book also noted, although the general economic [...]

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