Compliance & Legal Updates
Data pager
Data pager
Page size:
PageSizeComboBox
select
 39 items in 5 pages
Show all 39
List View
Data pager
Data pager
Page size:
PageSizeComboBox
select
 39 items in 5 pages
Show all 39

FinCEN Publishes Small Entity Compliance Guide

09/21/2023
The Financial Crimes Enforcement Network published a small entity compliance guide yesterday to assist small businesses in complying with the beneficial ownership information reporting rule, which takes effect on Jan. 1, 2024.

BREAKING NEWS! Injunction Granted!!!

09/14/2023
We are excited to announce that the United States District Court for the Eastern District of Kentucky has granted our Motion for Injunction against the CFPB.

1071 Lawsuit Update (part 2)

09/13/2023
Continued details on our 1071 lawsuit

Texas Court rules CFPB exceeded UDAAP Authority

09/11/2023
On Friday, The U.S. Chamber of Commerce, American Bankers Association, Texas Bankers Association and others were successful in the United States District Court for the Eastern District of Texas in their challenge to the CFPB’s UDAAP manual which expanded the statutory definitions of “unfairness”.

FDIC Launching new Banker Engagement Site for Compliance and CRA

09/08/2023
BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations

FDIC Updates Equal Housing Lender Posters

09/01/2023
FDIC insured institutions are required to maintain up-to-date Equal Housing Lender (EHL) posters in branches, as required by the Fair Housing Act.

Fighting Fraud: Bank Impersonation

08/30/2023
One of the largest fraud schemes targeting Kentucky banks are impersonation schemes where the customer is contacted by what appears to be the bank but isn’t and the customer ultimately gives away their login information and is essentially “robbed”.

1071 Lawsuits - Where We Are (Part 1)

08/23/2023
This is an update on where we are on 1071 updates, for those of you who are still following the status, and I hope that is ALL of you.

CFPB Releases 1071 Filing Instruction Guide

08/18/2023
The guide makes minor changes in wording in various sections and minor changes as to validation of identification. The guide also amends some codes to align with Home Mortgage Disclosure Act (HMDA) reporting.