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What's up
  • [ February 13, 2026 ] FinCEN pares down beneficial ownership reporting requirements as effort to ‘modernize’ BSA Other
  • [ February 13, 2026 ] NCUA doubles max amount for newly chartered CU, urgent needs grants NCUA
  • [ February 13, 2026 ] Exam council shrinks uniform report peer groups from 12 to three for smaller banks Other
  • [ February 13, 2026 ] Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs Other
  • [ February 12, 2026 ] Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5 FDIC
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19mar12

CFPB

Unfair, deceptive practices in auto loan and mortgage servicing, more noted in CFPB Supervisory Highlights

March 12, 2019 0

Findings of unfair and deceptive or abusive acts or practices connected to auto loan servicing, deposits, mortgage servicing, and remittances are described in the winter 2019 edition of the Consumer Financial Protection Bureau (CFPB) Supervisory […]

NCUA

NCUA reforms were achieved through a nonpartisan approach, McWatters, Metsger tell CU group

March 12, 2019 0

The two members of the board that guides the federal regulator of credit unions on Tuesday credited their ability to work together in a nonpartisan fashion with the reforms the agency has achieved in recent […]

FDIC

Conference strives to define, understand ‘fintech’ impact on banking future

March 12, 2019 0

With the formation of its “office of innovation” and the apparent imminent introduction of a “tech lab” as background, the federal insurer of bank deposits plans a “fintech and the future of banking” conference next […]

CFPB

Kraninger’s ‘open mind’ on payday lending proposal meets Democrats’ closed ranks of ire in Senate hearing

March 12, 2019 0

Despite saying she has an “open mind” about a proposed rule on payday lending, the director of the federal consumer financial protection agency faced a flurry of questions from Democratic senators in a hearing Tuesday […]

The Fed

Brainard, in speech, notes potential CRA rule changes for assessment areas, more

March 12, 2019 0

Federal Reserve Board Gov. Lael Brainard on Tuesday reiterated the importance of the Community Reinvesment Act’s (CRA) focus on place and noted ideas offered for CRA rule changes that could include expanded assessment areas once […]

The Fed

Two former Goldman Sachs execs banned permanently from banking for alleged scheme to divert billions

March 12, 2019 0

Two former senior employees of a Wall Street giant were prohibited permanently from participating in the affairs of a bank Tuesday after participating in an alleged scheme to divert billions from a Malaysian sovereign wealth […]

FDIC

More work still ahead on proposed changes for ‘Volcker rule’; fintech lab on verge of debuting

March 12, 2019 0

More work still has to be done to make proposed changes to the “Volcker Rule” so that banks have more certainty, including what types of trading are prohibited under the regulation, the chairman of the […]

Today

  • FinCEN pares down beneficial ownership reporting requirements as effort to ‘modernize’ BSA

    February 13, 2026 0
    A requirement to identify and verify the beneficial owners of a legal entity customer each time the customer opens a new account has been removed for some banks by the Treasury’s financial crimes enforcement arm, it said Friday. The order [...]
  • NCUA doubles max amount for newly chartered CU, urgent needs grants

    February 13, 2026 0
    The federal credit union regulator is increasing its maximum award amount for grants available to low-income-designated credit unions from $7,500 to $15,000, the agency said Friday. The newly chartered and urgent needs grants come from the Community Development Revolving Loan [...]
  • Exam council shrinks uniform report peer groups from 12 to three for smaller banks

    February 13, 2026 0
    Banking industry consolidation leading to disappearing peer groups for bank examination purposes has led to changes to uniform performance reports by the umbrella group for federal financial regulators, the agency said Friday. The Federal Financial Institution Examination Council (FFIEC) said [...]
  • Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs

    February 13, 2026 0
    Tips involving violations and conspiracies related to the Bank Secrecy Act (BSA), U.S. sanctions programs, and several other laws affecting financial system security may be entered through a new whistleblower website announced Friday by the Treasury’s financial crimes enforcement arm. [...]
  • Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5

    February 12, 2026 0
    Stress test scenarios for banks with $250 billion or more in assets were released Thursday by two federal banking regulators, with submissions due by April 5 and public release of the results required between June 15 and July 15. In [...]
  • Former bank employee barred for taking customer funds

    February 12, 2026 0
    A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future work in federally insured depository institutions under a February consent order with the Federal Reserve Board. The Fed, in the order released Thursday, said that Nicole [...]
  • Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS

    February 11, 2026 0
    Credit unions that want to become “permitted payment stablecoin issuers” will get that opportunity under a rule proposed Wednesday by their federal regulator, lagging other federal supervisors. The National Credit Union Administration (NCUA) said the proposal implements provisions of the [...]
  • Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank

    February 10, 2026 0
    Credit unions would have an easier path to convert to mutual savings banks (MSBs), and other changes, under the latest round of deregulation proposed by their federal regulator Tuesday. The National Credit Union Administration (NCUA), in what it said is [...]
  • FDIC gives more time to comment on GENIUS Act rule proposal

    February 10, 2026 0
    The comment period on a proposed rule issued setting procedures for insured, state-chartered nonmember banks or savings associations to seek federal approval to issue stable coins through a subsidiary is extended to May 18, the federal deposit insurer said. The [...]

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