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What's up
  • [ August 4, 2026 ] FDIC’s supervisory appeals office gets 3-member panel, replaces former review committee FDIC
  • [ August 3, 2026 ] FinCEN: UBS Financial Services hit with $125 million fine over ‘recidivist’ BSA violations Other
  • [ August 3, 2026 ] OCC proposes changes in disclosure of confidential supervisory info, more OCC
  • [ July 31, 2026 ] Banks under $10 billion will reap significant easing of CRA rules under proposal FDIC
  • [ July 31, 2026 ] UPDATED: Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held The Fed
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20may19

CFPB

Video aims to show consumers they can receive economic impact payments via debit card

May 19, 2020 0

A video intended to illustrate to consumers how they can receive coronavirus-related economic impact payments (EIPs) on a prepaid debit card, beginning this week, was released Tuesday by the Consumer Financial Protection Bureau (CFPB). The […]

COVID-19 actions

Advisory, notice detail coronavirus crisis-related medical scams, filing instructions under BSA obligations

May 19, 2020 0

Calling attention to medical scams related to the coronavirus crisis and detailing filing instructions for financial institutions reporting pandemic-related criminal and suspicious activities (including Bank Secrecy Act [BSA] obligations) are the aims of advisories issued […]

CFPB

GAO report: Public comments have led to ‘at least some’ substantive changes for final rules; CFPB among the 10 surveyed

May 19, 2020 0

A report by the congressional watchdog showed that of the 52 program offices in 10 agencies surveyed – the Consumer Financial Protection Bureau (CFPB) being the only one of the 10 which is primarily concerned […]

NCUA

Credit union regulator’s leader says it has launched new ‘culture, diversity, inclusion’ council

May 19, 2020 0

Issues of inclusion within the federal regulator of credit unions is the focus of a new council at the agency, which the agency said was launched Tuesday. The agency’s board chairman, Rodney Hood, announced the […]

COVID-19 actions

Banks better positioned to deal with current crisis, Powell tells Senate panel; notes reports coming on lending facilities

May 19, 2020 0

Adjustments in bank regulation, many temporary, were among the actions the chair of the Federal Reserve pointed to in dealing with the coronavirus crisis during testimony Tuesday. Appearing remotely before the Senate Banking Committee, Federal […]

CFPB

Blaming pandemic (again), bureau adds 60 more days to comment period on ‘time-barred debt’ (again)

May 19, 2020 0

Sixty more days are added to the comment period for a proposed rule on debt collections past the statute of limitations, the federal consumer financial protection agency said Tuesday, making this the second extension for […]

Today

  • FDIC’s supervisory appeals office gets 3-member panel, replaces former review committee

    August 4, 2026 0
    A new office created in January to consider and resolve banks’ appeals of material supervisory determinations to the federal bank deposit insurer is officially open for business now that the agency has peopled the three-member panel that will handle reviews. [...]
  • FinCEN: UBS Financial Services hit with $125 million fine over ‘recidivist’ BSA violations

    August 3, 2026 0
    Calling it the largest such fine it has assessed against a broker-dealer, Treasury’s financial crimes enforcement network Monday announced a $125 million fine against UBS Financial Services Inc. (UBSFS) over “willful” violations of the Bank Secrecy Act (BSA). The Financial [...]
  • OCC proposes changes in disclosure of confidential supervisory info, more

    August 3, 2026 0
    A proposed rule to modify the process for getting agency approval to disclose its non-public information, and allow the disclosure of confidential supervisory information (CSI) without agency approval, was announced Monday by the national bank regulator. The Office of the [...]
  • Banks under $10 billion will reap significant easing of CRA rules under proposal

    July 31, 2026 0
    Smaller banks – those with $10 billion or less in assets – would receive significant easing of anti-redlining regulations under a joint proposal issued by the national bank regulator and federal bank deposit insurance agency announced Friday. Under the proposal, [...]
  • UPDATED: Fed proposes to ‘modernize’ mutuals’ capital framework, including easier transition to stock held

    July 31, 2026 0
    Updated for Federal Register notice, comment deadline The capital framework for mutual savings banks – including increased flexibility to raise capital – would be “modernized,” and make it easier for the banks to convert to stock held, under a proposal [...]
  • FDIC, Fed propose higher thresholds, indexes for lending to officers, other insiders

    July 31, 2026 0
    Thresholds for certain lending limits for executive officers and other insiders of banks would be raised and indexed under a proposal issued Friday by the federal bank deposit insurance agency and the nation’s central bank. The Federal Deposit Insurance Corporation [...]
  • Former Wisconsin credit union worker prohibited by federal agency

    July 31, 2026 0
    A former worker at a Wisconsin credit union was prohibited by the federal regulator after being convicted in state court of misappropriating identification information, the agency said. Jordan L. McCarthy, according to the National Credit Union Administration (NCUA), a former [...]

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