feb7 – Regulatory Report

What's up

[ June 8, 2023 ] Joint proposal would offer guidance on reconsiderations of value (ROVs) in real estate appraisals CFPB
[ June 8, 2023 ] Data collections surpass 500 in latest compilation from federal financial research agency Other
[ June 7, 2023 ] Risk governance, capital markets subject for two workshops set for July 11-12 OCC
[ June 6, 2023 ] Guidance for risk management in third-party relationships issued by agencies; Fed govs split on support, FDIC director wants input FDIC
[ June 6, 2023 ] Chatbots under scrutiny in resolving customer service issues as complaints rise CFPB

U.S. arm of big Dutch bank fined $50 million for AML/BSA deficiencies (updated)

February 7, 2018 0

The U.S. arm of a huge multi-national Dutch banking company was assessed a $50 million civil money penalty Wednesday by a federal banking regulator charging deficiencies in the U.S. bank’s anti-money laundering (AML) processes. The […]

RFI No. 3, ‘enforcement processes,’ issued by consumer bureau, right on schedule

February 7, 2018 0

Right on schedule, for the third straight week the federal consumer protection agency Wednesday issued another “request for information” (RFIs) in its drive to expose “evidence” about whether the agency is doing its job – […]

Joint proposal would offer guidance on reconsiderations of value (ROVs) in real estate appraisals

June 8, 2023 0

Reconsiderations of value (ROVs) for residential real estate valuations that allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal is offered in new [...]
Data collections surpass 500 in latest compilation from federal financial research agency

June 8, 2023 0

More than 500 data collections from federal financial institution regulators are included in the latest catalog compiled by the Treasury’s agency for researching financial information. The Office of Financial Research (OFR) said its 2023 Interagency Data Inventory (IDI), updated annually, [...]
Risk governance, capital markets subject for two workshops set for July 11-12

June 7, 2023 0

Workshops on risk governance and capital markets are on tap July 11-12 in Denver by the regulator of national banks, the agency said Wednesday. The workshops are geared toward directors, senior management and other key executives of banks. According to [...]