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What's up
  • [ September 11, 2025 ] FDIC seeking comments on proposed AML/CFT burden survey meant for use by all federal bank, CU regulators FDIC
  • [ September 10, 2025 ] Banking agencies slate Oct. 30 outreach meeting on EGRPRA reg review FDIC
  • [ September 9, 2025 ] OCC names two to new positions – one aimed at ‘elevating’ chartering function OCC
  • [ September 9, 2025 ] Disrupting, detecting ‘financially motivated sextortion’ is target of notice Other
  • [ September 8, 2025 ] Bulletins aim to ‘end weaponization of financial system’ by curbing ‘politicized, unlawful debanking’ OCC
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19jan18

The Fed

Most Fed districts see modest to moderate growth, says latest Beige Book

January 18, 2019 0

Signs of continued economic growth – with eight of 12 Federal Reserve districts reporting modest to moderate growth – were noted in the Fed’s latest Beige Book report. “Outlooks generally remained positive, but many Districts […]

CFPB

Consumer bureau publishes 2.5% CMP inflation adjustment

January 18, 2019 0

A final rule to implement a 2.5% increase in maximum civil money penalties (CMP) that may be assessed by the Consumer Financial Protection Bureau (CFPB) was signed Jan. 6 by agency Director Kathleen (“Kathy”) Kraninger […]

OCC

Bank directors, former CEO, face fines for failing to address earlier enforcement action

January 18, 2019 0

Five former directors of a Montana bank were fined $2,000 each – and the bank’s former president and board chairman $10,000 — for failing to take actions to correct issues outlined under a previous consent […]

OCC

GAO recommends legislation to define future role of GSEs – including structure and goals

January 18, 2019 0

Congress should consider legislation for the future federal role of the government-sponsored enterprises (GSEs) in housing finance that addresses their structure and establishes clear, specific, and prioritized goals, as well as considering all relevant entities, […]

NCUA

OIG report on chairman’s office spending did not benchmark to other agencies, which spend more, NCUA says

January 18, 2019 0

A 2018 inspector general report on spending by the office of the chairman of the federal credit union regulatory agency, conducted in follow-up to an anonymous complaint, omitted any benchmarking with similar spending of other […]

OCC

More banks soon eligible for 18-month exam cycle; OCC issues bulletin

January 18, 2019 0

A rule that, as of Jan. 28, is expected to make more than 400 additional banks potentially eligible for the 18-month, on-site examination cycle is highlighted in a bulletin issued Thursday to banking institutions supervised […]

Today

  • FDIC seeking comments on proposed AML/CFT burden survey meant for use by all federal bank, CU regulators

    September 11, 2025 0
    The costs to depository institutions of complying with Bank Secrecy Act (BSA) anti-money laundering and countering the financing of terrorism (AML/CFT) requirements are sought in an agency information collection proposed for Office of Management and Budget (OMB) approval, according to [...]
  • Banking agencies slate Oct. 30 outreach meeting on EGRPRA reg review

    September 10, 2025 0
    Those interested in airing their views on federal banking regulators’ work considering what regulations might be deemed “outdated” or otherwise “unnecessary” can do so during an Oct. 30 outreach meeting in Kansas City, Mo., the agencies said. The agencies’ release [...]
  • OCC names two to new positions – one aimed at ‘elevating’ chartering function

    September 9, 2025 0
    A new principal deputy chief counsel and a new top executive for chartering – a move that “elevates” the chartering function – were announced Tuesday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said [...]
  • Disrupting, detecting ‘financially motivated sextortion’ is target of notice

    September 9, 2025 0
    Helping financial institutions detect and disrupt financially motivated sextortion is the aim of a notice issued Monday by the Treasury’s anti-financial crimes arm. The Financial Crimes Enforcement Network (FinCEN) said the notice “underscores the importance of suspicious activity reporting (SAR) [...]
  • Bulletins aim to ‘end weaponization of financial system’ by curbing ‘politicized, unlawful debanking’

    September 8, 2025 0
    Eliminating “politicized or unlawful debanking” in the federal banking system is the subject of two bulletins issued Monday by the national bank regulator in an effort, the agency said, to “end the weaponization of the financial system.” That is, if [...]
  • FinCEN revises SW border targeting order, raising threshold for CTR reports

    September 8, 2025 0
    A reissued geographic targeting order (GTO), revised from March, increases the dollar threshold to $1,000 for cash transactions that certain money services businesses (MSB) must report on currency transaction reports (CTRs), Treasury’s financial crimes enforcement arm said Monday. The change [...]

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