2.7.2020 Regulatory Compliance Newsletter

  • Credit Unions Agree to Late-Filing Penalties for 2nd Quarter of 2019
  • New York Bank Pays for Flood Insurance Violations
  • CFPB Sues Citizen Bank, N.A.
  • CFPB Clarifies Stance on ‘Abusiveness’ Standard
  • InfoSight: Mortgage Servicing
  • Virtual Compliance Update & Roundtable February 20th

1.31.2020 Regulatory Compliance Newsletter

  • Compliance Exams Come to Credit Unions
  • IRA Issues Clarification on RMD Statements
  • Highlights from the January NCUA Board Meeting
  • CFPB Policy Statement on ‘Compliance Aids’
  • InfoSight: Membership Expulsion and/or Service Limitation
  • Virtual Compliance Update & Roundtable February 20th

1.24.2020 Regulatory Compliance Newsletter

  • FAQ Regarding New IRA Rules Under the SECURE Act
  • OCC Levels $18 Million Flood Act Penalty
  • InfoSight: Ability to Repay
  • Virtual Compliance Update & Roundtable February 20
  • Compliance Lunch & Learns in February

1.17.2020 Regulatory Compliance Newsletter

  • NCUA Priorities for 2020 – More Information
  • IRS Issues Final Rule on Foreign IDs on W-8BENs
  • Virtual Compliance Update & Roundtable February 20th
  • Compliance Lunch & Learns in February

1.10.2020 Regulatory Compliance Newsletter

  • NCUA Priorities for 2020
  • IRS Mileage Rates for 2020
  • SECURE Act Changing the IRA Rules
  • FinCEN Updated SAR Data Maps Available
  • Card and ACH Payments Continue to Increase
  • Australia Credit Unions Offering Brushfire-Related Assistance
  • Virtual Compliance Update & Roundtable January 15th

12.20.2019 Regulatory Compliance Newsletter

  • Escrow Exemption Threshold Increased
  • CFPB Amends HMDA Threshold
  • CFPB Special Edition Supervisory Highlights Focuses on Consumer Information Reporting
  • CFPB Publishes Additional Guidance Related to Disclosing Construction and Construction-permanent Loans
  • Labor Updates Regular Rate Regs
  • NCUA Board Actions
  • Operators of Debt Collection Scheme Banned
  • NMLS Renewal Period Ends Soon
  • Hemp Guidance Reminders

12.13.2019 Regulatory Compliance Newsletter

  • NCUA Board to Vote on RBC Rule
  • Russian Nationals Charged with Banking Cybercrimes
  • FinCEN Report on Increase in Fraud Against Elders

12.6.2019 Regulatory Compliance Newsletter

  • Liability for POD Payments
  • OFAC Issues New and Amended Iran-related FAQs
  • CFPB Publishes 2020 FCRA Fee Cap Amount
  • NCUA Board Approves Two Measures
  • No Reason to Review FOM Ruling: NCUA to Appeals Court
  • Virtual Compliance Update & Roundtable – Dec 18th
  • InfoSight: Backup Withholding

11.22.2019 Regulatory Compliance Newsletter

  • What the USAA Win Against Wells Fargo in Its Patent Litigation Case Means for You
  • CFPB Issues Interpretive Rule on Screening and Training Requirements for Mortgage Loan Originators
  • Are Credit Report Fees Considered Finance Charges?
  • NCUA Board Meeting Agenda
  • Financial Regulators Revise Business Continuity Management Booklet
  • Senators Introduce Veterans MBL Legislation

11.15.2019 Regulatory Compliance Newsletter

  • Retirement Plan Contribution Limits Increase
  • IRS Tax Year 2020 Annual Inflation Adjustments
  • NCUA’s Hood: “Fresh Thinking” Can Help Credit Unions Support Small Business Communities
  • NCUA: Diversity Self-Assessment Offers Many Benefits to Credit Unions