FBI – Regulatory Report

What's up

[ April 26, 2024 ] WA bank fined $500k over FTC Act, RESPA violations FDIC
[ April 26, 2024 ] Five new members of community banking advisory panel named; will join May 2 meeting FDIC
[ April 25, 2024 ] Competing proposals to change rules on Bank Control Act withdrawn after neither can win majority of FDIC Board votes FDIC
[ April 25, 2024 ] FDIC: Deposit Insurance Fund on track to reach statutory minimum before deadline FDIC
[ April 25, 2024 ] CFPB’s consumer panel to meet May 15 CFPB

Hearing: Senate Banking Committee

October 29, 2018 0

The Senate Committee on Banking, Housing, and Urban Affairs will conduct an open hearing on “Combating Money Laundering and Other Forms of Illicit Finance: Regulator and Law Enforcement Perspectives on Reform.” Witnesses will be Kenneth […]

FinCEN, FBI, OCC testify in Senate Banking Nov. 29 on combating money laundering

October 29, 2018 0

Regulator and law enforcement perspectives on reform in the fight against money laundering and other types of illicit finance will be served up Nov. 29 during a Senate Banking Committee hearing featuring representatives from a […]

WA bank fined $500k over FTC Act, RESPA violations

April 26, 2024 0

A bank that the federal bank deposit insurer said violated Federal Trade Commission (FTC) Act and Real Estate Settlement Procedures Act (RESPA) rules was assessed a $500,000 civil money penalty (CMP) in March, the Federal Deposit Insurance Corp. (FDIC) said [...]
Five new members of community banking advisory panel named; will join May 2 meeting

April 26, 2024 0

Five new members of the community banking advisory committee to the federal bank deposit insurance agency were named Friday by the organization, which also said the group will attend its first meeting May 2. The Federal Deposit Insurance Corp. (FDIC) [...]
Competing proposals to change rules on Bank Control Act withdrawn after neither can win majority of FDIC Board votes

April 25, 2024 0

Neither of two competing proposals for changes to the federal bank deposit insurer’s rules implementing the Bank Control Act (BCA) were adopted Thursday by the agency’s board after sponsors of the two proposals withdrew them, largely after it became apparent [...]
FDIC: Deposit Insurance Fund on track to reach statutory minimum before deadline

April 25, 2024 0

The federal bank deposit insurer’s Deposit Insurance Fund (DIF) reserve ratio grew from 1.11% June 2023 to 1.15% in December and remains on track to return to its statutory minimum of 1.35% before its statutory deadline of Sept. 30, 2028, [...]
CFPB’s consumer panel to meet May 15

April 25, 2024 0

A public meeting of the Consumer Advisory Board (CAB) of the federal consumer financial protection agency is slated for May 15 from 10:30 a.m. to 1 p.m. Eastern. CAB is charged with advising and consulting with the Consumer Financial Protection [...]