7.25.2014 Regulatory Compliance Newsletter

  • Georgia Check Casher Gets Dinged for Repeated BSA Violations: FinCEN
  • MasterCard Extends Zero Liability Policy
  • CFPB Files Suit vs. Debt Collection ‘Lawsuit Mill’
  • CFPB Clarifies How Same-Sex Court Ruling Affects Lending Rules
  • New FinCEN SAR Stats Tackles Bitcoin Risk
  • Cybersecurity Stakes are High, Says Treasury Secretary Lew

7.18.2014 Regulatory Compliance Newsletter

  • CUNA Makes NCUA L.A. Listening Session Audio
  • Payday Lender Must Refund $5 Million for Illegal Practices
  • FATF Offers Definitions, Pros and Cons of Virtual Currencies
  • CFPB Clarifies Mortgage Rule for Surviving Family Members

7.11.2014 Regulatory Compliance Newsletter

  • Home Equity Lines of Credit Nearing the End of Draw Period – NCUA Letter 14-CU-08
  • Civil Money Penalties Targeted to 84 Late Filers
  • GAO: Virtual Currencies Raise Consumer, Investor Protection Issues
  • CUs Among FIs with Increased Cybersecurity Assessments
  • Treasury Reaches Largest Ever Sanctions-Related Settlements
  • Canadian Anti-Spam Law Addresses Commercial Emails

6.27.2014 Regulatory Compliance Newsletter

  • FHA on Lookout for ‘Deceptive’ Marketing for Reverse Mortgages
  • New IRR Resource Page Unveiled by NCUA
  • NCUA Proposed to Allow FCUs to Securitize Own Loans
  • CFPB Orders Bank to Pay $225 Million in Relief for Cerdit Card Practices
  • New Rule will Reduce Burdens on Voluntary Liquidations of FCUs

6.20.2014 Regulatory Compliance Newsletter

  • HMDA Reporting Affected by Changes to HOEPA Coverage
  • Treasury Releases BSA Data Sharing Practices with Counter-Terrorism Center
  • CFPB Fines N.J.Title Company for Referral Kickbacks
  • SBA Unveils New Interactive Lending Platform Tools
  • NCUA Provides Insights on Supervision of ‘Reputation Risk’

6.13.2014 Regulatory Compliance Newsletter

  • Fannie Mae Updates Unemployment Forebearance Requirements
  • Agencies Clarify NFIP Maximum Building Coverage Limit
  • Visa Announces New Prepaid Card Designation

6.06.2014 Regulatory Compliance Newsletter

  • FinCEN Issues Update on U.S. Currency Restrictions in Mexico Regarding Funnel Accounts and TBML
  • Nearly Half of U.S. Adults are Victim of Compromised Personal Data
  • States Seek Feds’ Banking Guidance on Cannabis Businesses
  • Alabama Firm Fined for Inadequate ‘RESPA’ Disclosures

5.30.2014 Regulatory Compliance Newsletter

  • eBay Breach Leads to More Data Security Legislation
  • Merger Guidance Offered in New NCUA Brochure
  • Risky Non-Bank Practices Subject of New CFPB Report

5.16.2014 Regulatory Compliance Newsletter

  • Report Reviews Ongoing Efforts to Modernize and Protect Credit Union System
  • New SBA Administrator: Make Extra Effort for Underserved Group
  • Treasury Allows ‘Transition Period’ for FATCA Compliance

5.09.2014 Regulatory Compliance Newsletter

  • FinCEN Publishes 5 Rulings on the Application of Money Transmission Definitions and Exemptions to Certain Business Models
  • CUNA Clarifies Question on Post-Death Benefit Payment Collections
  • Risk-Based Capital Proposal