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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
Homedata breach

data breach

OCC

Capital One hit with $80 million civil money penalty over 2019 data breach

August 6, 2020 0

A 2019 data breach affecting the personal information of more than 100 million credit card customers and credit card applicants of Capital One has yielded an $80 million civil money penalty for the bank and […]

OCC

Data breach, money laundering info collections proposed for renewal

August 22, 2019 0

Two information collections up for renewal – one on money laundering risk (MLR) assessments and the other on guidance regarding data breaches – will be proposed by the federal regulator of national banks as early […]

CFPB

Settlement would force Equifax to pay up to $700 million over data breach, bureau says; sets up $425 million consumer fund

July 22, 2019 0

Up to $700 million in monetary relief and penalties would be provided in a settlement between credit reporting agency Equifax and the federal consumer financial protection agency and other federal and state agencies, the groups […]

The Fed

UPDATED: Fed proposes revisions to records-use policies in anticipation of data breach risks

August 27, 2018 0

Acting in anticipation of data breaches (and in response to an overall federal plan), the Federal Reserve is proposing to revise its general routine uses of systems of records, including adding a new “routine use” […]

Legislation

National data security standard, strong breach notification requirements urged – as well as ‘do no harm’

February 14, 2018 0

A national data security standard and strong notification requirements when a data breach occurs were two top recommendations of most of the financial institution and data security experts testifying before a House subcommittee Wednesday. However, […]

CFPB

Mnuchin: Equifax breach is ‘something I am going to discuss’ with CFPB’s acting director

February 6, 2018 0

The massive data breach at the Equifax credit reporting agency is something the Treasury secretary said he intends to bring up with the acting director of the federal consumer protection bureau, during questions and answers with […]

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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