Remove 2013 Remove Compliance Remove Regional Remove Regulation
article thumbnail

Thought starter: Top challenges accountants face and actionable ideas to solve them

Abrigo

Thomas focused on three key issues directly affecting the present and future of the accounting industry – increased regulations, a shifting workforce, and changing continuing education – as well as some thoughts on the opportunities these challenges offer.

article thumbnail

Small banks: Big challenges and big opportunities

Abrigo

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Check out our 1071 compliance resources. Worried about complying with the CFPB 1071 rule?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Germany’s Watchdog Tells N26 To Boost AML Measures

PYMNTS

As a result, the online bank was criticized for not being diligent about security and compliance controls as it rushed to grow. Launched in 2013, N26 has secured more than $500 million in backing from investors, including Tencent Holdings and Allianz, and currently has more than 2.5 million customers.

Regional 108
article thumbnail

Washington Watch

Independent Banker

As advocated by ICBA, the CFPB proposed rule released in January 2013 structured the qualified mortgage with legal safe harbor protections for some loans. Three-quarters of the community bankers who responded to the survey said the regulations are keeping them from making more mortgage loans.

article thumbnail

Washington Watch

Independent Banker

As advocated by ICBA, the CFPB proposed rule released in January 2013 structured the qualified mortgage with legal safe harbor protections for some loans. Three-quarters of the community bankers who responded to the survey said the regulations are keeping them from making more mortgage loans.

article thumbnail

CFPB issues advisory and report on elder financial abuse

CFPB Monitor

The CFPB’s press release describes the recommendations as “an extensive set of voluntary best practices” and, in his prepared remarks , Director Cordray stated that the recommendations “are not binding regulations; they are simply suggestions we urge institutions to consider in serving their customers.”

Report 60
article thumbnail

CFPB’s Ombudsman’s Office issues third annual report

CFPB Monitor

Mishkin Last week, the CFPB’s Ombudsman’s Office issued its third annual report covering the Office’s activities during fiscal year 2014 (October 1, 2013 through September 30, 2014). A desire for more clarity on regulatory compliance for business planning and operations. Unanticipated outcomes from regulations.

Report 92