9.26.2014 Regulatory Compliance Newsletter

  • NCUA Releases Video on Protecting Seniors From Financial Abuse
  • Checking Account Screening Topic of CFPB Forum
  • Federal Reserve Does Not Plan to Revise Debit Interchange Fee Caps or Fraud Adjustment
  • CFPB Proposing Changes to Reg C to Implement Amendments Made to HMDA by Dodd-Frank and Other Revisions

9.19.2014 Regulatory Compliance Newsletter

  • CFPB Reminds Consumers What to Do if They Suspect a Data Breach
  • CFPB Updates Small Entity Compliance Guide for TILA-RESPA Form
  • FinCEN Issues Advisory with Human Trafficking, Smuggling Red Flags
  • CFBP to Supervise Larger Non-Bank Remittance Providers as of Dec 1, 2014
  • MasterCard Limitation of Liability Charge
  • Apple Announces Apple Pay” System for Mobile Payments

9.12.2014 Regulatory Compliance Newsletter

  • CFPB Issues Mortgage Servicing Transfer Bulletin
  • CFPB Issues Revised Final Rule for Electronic Funds Transfers
  • FIs Prepare for Apple Pay Combo of NFC, Passbook App
  • CFPB Issues Strong Warning Against Deceptive Credit Card Promos
  • Mobile Payments Regulatory Landscape: Boston Fed Paper, NCUA Upcoming Guidance
  • Federal Reserve Announces Completion of Its Payment System Improvement” Research

9.05.2014 Regulatory Compliance Newsletter

  • FHA to Ban Prepayment ‘Penalties’ Beginning 2015
  • NACHA Passes Two Rules to Increase ACH Network Quality
  • Education Department Adopts New SCRA Procedures for FFEL Lenders
  • CFPB and Department of Defense, Education and Veterans Affairs Sign Agreement to Protect Servicemembers

8.22.2014 Regulatory Compliance Newsletter

  • BSA/AML Compliance Needs to be Part of CU Culture:FinCEN
  • Internal CFPB Report Finds Workplace Challenge
  • Credit Unions Lag as EMV Chip Deadline Slowly Approaches
  • Resources for Members in the Event of Death

8.15.2014 Regulatory Compliance Newsletter

  • Fixed-Rate Mortgages Decline at Bank Post QM Rule
  • CFPB to Take Consumer Complaints on Bitcoin, Virtual Currency
  • FICO Credit Score Will No Longer Include Paid or Settled Debts

8.8.2014 Regulatory Compliance Newsletter

  • DDoS Threat Landscape Continues to Evolve
  • New Fraud Scheme Involves Hacking of Executives’ Email
  • Looking for Keys to Membership Diversity
  • NCUA: No Corporate Assessment (But No Refunds Either)
  • CFPB Says Debit, ATM Overdraft Services Still Raise Concerns
  • TILA-RESPA Guidance Needed – The CFPB’s Rule to Integrate TILA-RESPA

8.01.2014 Regulatory Compliance Newsletter

  • CFPB, FTC, 15 States Sweep in on Foreclosure Relief Scammers
  • NCUA Outlines Late-Filer Civil Money Penalty Process
  • NCUA Gives Examiners FinCEN Guidance for Marijuana Business
  • PowerComment – National Online Tool Available to CUs for Communicating Regulatory Advocacy Concerns

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