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What's up
  • [ March 3, 2026 ] NCUA’s final round of EGRPRA reg review covers corporate credit unions, BSA/AML, more NCUA
  • [ March 3, 2026 ] Comptroller rescinds rule on fair lending data, amends licensing requirements for community banks OCC
  • [ March 2, 2026 ] NCUSIF ended 2025 at 1.3%; drop to 1.27% projected for June NCUA
  • [ March 2, 2026 ] IRR analysis portion in bank performance report expands to two pages in pursuit of ‘readability’ Other
  • [ March 2, 2026 ] OCC publishes 24 banks’ CRA ratings, all ‘outstanding’ or ‘satisfactory’ OCC
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Other

Exceptive relief made permanent for account rollovers, renewals under beneficial ownership rule

September 7, 2018 0

The exceptive relief for financial institutions from Financial Crimes Enforcement Network (FinCEN) beneficial ownership rule requirements regarding certain account rollovers and renewals is now permanent, the law enforcement agency announced Friday. The relief, first provided […]

CFPB

BCFP announces members of consumer, community bank, CU councils

September 7, 2018 0

The Bureau of Consumer Financial Protection (BCFP) on Friday announced new memberships for three councils to advise the bureau director on consumer, community bank and credit union views regarding the agency’s supervisory and rulemaking activities. […]

FDIC

FDIC terminates 6 bank receiverships, poised to end a 7th

September 7, 2018 0

The federal bank deposit insurance agency on Sept. 1 terminated its receiverships of six banks, having “fulfilled its obligations and made all dividend distributions required by law,” according to a notice filed with the Federal […]

FDIC

Bank fraud earns man five years in jail, $5 million in restitution

September 7, 2018 0

A California was sentenced to nearly five years in prison – and ordered to pay more than $5 million in restitution — for fraudulently obtaining more than $11 million in bank loans to by a […]

CFPB

Continued consumer bureau exams of credit reporting cybersecurity depend on priorities, GAO reports

September 7, 2018 0

Continuing cybersecurity examinations of consumer reporting agencies (CRAs), such as Equifax and other credit reporting organizations, will be conducted by the federal consumer financial protection – but only if cybersecurity is identified as a priority […]

The Fed

12 bank, thrift, CU reps named to Fed advisory council for 2019

September 7, 2018 0

The Federal Reserve Board released the names of its 12-member Community Depository Institutions Advisory Council (CDIAC) for 2019 Friday. The council includes one member each from the local advisory councils – made up of bank, […]

CFPB

Consumer bureau proposes ‘disclosure sandbox’ to encourage test programs

September 7, 2018 0

Participants in a new “disclosure sandbox” proposed by the federal consumer financial protection bureau will receive waivers from usual federal disclosure requirements and self-report material changes in consumer complaint patterns to the bureau, according to […]

OCC

Two banks earn ‘outstanding’ CRA evaluations from OCC in August; no bank out of compliance or ‘needs improvement’

September 6, 2018 0

Two financial institutions earned “outstanding” ratings in their evaluations for compliance with rules implementing anti-redlining laws – and 14 others received “satisfactory” – according to results for August released Thursday by the federal regulator of […]

Today

  • NCUA’s final round of EGRPRA reg review covers corporate credit unions, BSA/AML, more

    March 3, 2026 0
    The federal credit union regulator is seeking comments by June 1 on five categories of regulations and whether they are outdated, unnecessary, or unduly burdensome, according to a notice Tuesday in the Federal Register. The National Credit Union Administration (NCUA) [...]
  • Comptroller rescinds rule on fair lending data, amends licensing requirements for community banks

    March 3, 2026 0
    A rule regarding fair lending data was rescinded, and another amended related to licensing requirements for community banks, by the national bank regulator Tuesday which said the aim of both was to reduce regulatory burden. The Office of the Comptroller [...]
  • NCUSIF ended 2025 at 1.3%; drop to 1.27% projected for June

    March 2, 2026 0
    A published overview on fourth-quarter results for the National Credit Union Share Insurance Fund (NCUSIF) shows the fund closing 2025 with an equity ratio equal to 1.3% of total insured shares, up 2 basis points from June 2025 but 3 [...]
  • IRR analysis portion in bank performance report expands to two pages in pursuit of ‘readability’

    March 2, 2026 0
    Two pages on interest rate risk (IRR) analysis will now be featured in the Uniform Bank Performance Report (UBPR), used by banks and other financial institutions, to improve its readability, the umbrella group for federal financial institution regulators said Monday. [...]
  • OCC publishes 24 banks’ CRA ratings, all ‘outstanding’ or ‘satisfactory’

    March 2, 2026 0
    The national bank regulator found nine banks to be “outstanding” and 15 to be “satisfactory” for compliance with the anti-redlining Community Reinvestment Act (CRA), according to ratings announced Monday that became public in February, the agency said. The list released [...]
  • New bank for investment firm Edward Jones wins federal insurance for Utah industrial charter

    February 27, 2026 0
    An investment firm with more than $2.2 trillion in assets under management has been awarded deposit insurance for a new industrial bank it has chartered in Salt Lake City, the federal bank deposit insurance agency said Friday. According to the [...]
  • OCC: Final rule clarifies national trust banks may engage in non-fiduciary activities

    February 27, 2026 0
    A final rule that aligns regulatory language with related language in underlying statute clarifies that national trust banks may engage in non-fiduciary activities, the national bank regulator announced in a bulletin Friday. The final rule, effective April 1, was issued [...]
  • Former tellers prohibited following scheme to launder illicit drug proceeds through bank’s vault

    February 27, 2026 0
    Two Indiana bankers – who both worked for the same bank in Covington, Ind. – were prohibited from further work in a financial institution after pleading guilty to laundering more than $1.6 million of illicit drug sales proceeds, the federal [...]
  • NCUA bars 5 former credit union employees from future FI service

    February 27, 2026 0
    Five former employees of credit unions are permanently barred from future service in any federally insured depository institution under one consent order and four notices of prohibition announced Friday. The release by the National Credit Union Administration (NCUA) said the [...]

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