Compliance

In most cases, Office of Foreign Assets Control (OFAC) regulations contain provisions to allow a financial institution to debit blocked accounts for normal service charges. READ MORE

CUNA remains concerned over remittance exemption rules. READ MORE

About a year ago, the Consumer Financial Protection Bureau (CFPB) published amendments to Regulation E. READ MORE

The SCRA provides a wide range of protections for those entering the military, called to active duty, or already deployed. READ MORE

Here’s why you can expect fair lending compliance to heat up this year. READ MORE

Review policies and procedures to ensure conformance with NCUA’s updated guidance. READ MORE

Get compliance details on Regulation E remittance transfer rule and Bank Secrecy Act. READ MORE

The rule goes into effect just weeks from now, on Jan. 1, 2013. READ MORE

When I first heard of Basel III, I thought it was a genetic mutation of a plant I often put on homemade pizza. READ MORE

The agency released a guide for small businesses—International Fund Transfers: Small Entity Compliance Guide. READ MORE

NCUA’s Office of Small Credit Union Initiatives (OSCUI) is offering yet another free webinar.  This webinar will discuss how collaboration can help Credit Unions compete and offer greater value to their members.   NCUA’s OSCUI typically fosters development for small, new and low income designation credit unions; however, this webinar is open to credit unions of [...]

Given the volume and complexity of the CFPB’s new mortgage rules related to Reg Z and Reg X, we haven’t focused much on the new Reg B appraisal rule. However, we are seeing some confusion with the timing requirements, so here is some information that hopefully clarifies the timing. The rule generally provides that a [...]

In January you were shocked at the sheer volume of mortgage rules.  From February through May you attended trainings, read summaries, or read the actual rules and began to understand them.  Now that you understand them, you know how difficult and time-consuming implementation of the new rules will be; and, now that summer is in full [...]