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What's up
  • [ April 8, 2026 ] Proposed rule subjects stablecoin issuers to anti-money laundering regs, as mandated by GENIUS Other
  • [ April 7, 2026 ] Bank and credit union regulators, FinCEN propose AML/CFT rule changes that include larger FinCEN role FDIC
  • [ April 7, 2026 ] GENIUS Act proposal for comment issued by FDIC FDIC
  • [ April 7, 2026 ] FDIC, OCC ban use of reputation risk in supervising banks FDIC
  • [ April 7, 2026 ] Groups would no longer be barred from credit union membership without buying service, product NCUA
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21apr27

CFPB

In short, cryptic statement, bureau pledges to resolve alleged unauthorized withdrawals by Texas-based mortgage servicer

April 27, 2021 0

Alleged unauthorized withdrawals by a Texas-based mortgage servicer sparked the federal consumer financial protection agency to issue a statement Tuesday pledging to take “immediate action to understand and resolve the situation that has affected hundreds […]

CFPB

Bureau moves QM final rule compliance date to Oct. 1, 2022; cites ‘more time’ to offer loans based on DTI

April 27, 2021 0

Compliance with a final rule on “qualified mortgages” (QMs) is delayed to Oct. 1, 2022, the federal consumer financial protection agency said Tuesday, asserting that the delay would allow lenders more time to offer the […]

CFPB

CFPB imposes $140k penalty on reverse mortgage lender over deceptive advertising

April 27, 2021 0

Reverse mortgage lender Nationwide Equities Corporation of Mahway, N.J., must cease its deceptive advertising, ensure its future activities comply with federal law, and pay a $140,000 civil money penalty under a consent order announced Tuesday […]

COVID-19 actions

NJ man pleads guilty to depositing and altering stolen Treasury check and PPP fraud amounting to nearly $700k

April 27, 2021 0

A man from MIddlesex, N.J., last week admitted he deposited a stolen and altered U.S. Treasury check for more than $211,000 and fraudulently received more than $481,000 from the Paycheck Protection Program (PPP) created to […]

Today

  • Proposed rule subjects stablecoin issuers to anti-money laundering regs, as mandated by GENIUS

    April 8, 2026 0
    Providing an “appropriately tailored regime to mitigate potential illicit finance risks” with the use of payment stablecoins — while promoting “innovation” in the digital vehicles — is the aim of a proposed rule issued Wednesday by the Treasury and its [...]
  • Bank and credit union regulators, FinCEN propose AML/CFT rule changes that include larger FinCEN role

    April 7, 2026 0
    A rule that would, among other things, have federal bank and credit union regulators “consult” with the Financial Crimes Enforcement Network (FinCEN) on certain anti-money laundering/countering the financing of terrorism (AML/CFT) actions was issued Tuesday for a 60-day public comment [...]
  • GENIUS Act proposal for comment issued by FDIC

    April 7, 2026 0
    A proposed rule that addresses the applicability of pass-through insurance for stablecoins and tokenized deposits was issued for comment Tuesday by the federal bank deposit insurer. The Federal Deposit Insurance Corp. (FDIC) said the proposed rule would implement certain requirements [...]
  • FDIC, OCC ban use of reputation risk in supervising banks

    April 7, 2026 0
    A final rule to eliminate the use of reputation risk from programs for bank supervision was issued jointly Tuesday by two federal prudential banking regulators. The Federal Deposit Insurance Corp. (FDIC) – which approved the rule during its open board [...]
  • Groups would no longer be barred from credit union membership without buying service, product

    April 7, 2026 0
    Eligibility for credit union membership through an associational group would not be automatically denied solely because members of the group did not purchase a product or service of the institution under a proposal issued Tuesday by the federal regulator. The [...]

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