CFPB Monitor

JUNE 2, 2022

In a surprising development, the California Privacy Protection Agency (CPPA) published proposed amendments to the CCPA regulations recently. The proposed amendments—which in effect are the draft CPRA regulations—were issued without advance notice, ahead of the schedule previously announced by the CPPA. .

Regulation 78

Regulation California Exercises Compliance 78

CFPB Monitor

SEPTEMBER 25, 2015

.” In delineating its assessment area under the Community Reinvestment Act (CRA), the bank excluded most of the majority-Black-and-Hispanic neighborhoods in the NY/NJ and Camden MSAs. One wonders whether the CFPB and DOJ consulted with the OCC, the bank’s prudential regulator, about the terms of the proposed consent order.

NJ 60

NJ New Jersey New York Philadelphia 60

Money and Payments

AUGUST 14, 2023

Simply put, the European legislator decided upon promulgating a regulation that obliges future virtual asset providers to broadcast personal data for all transactions along in the international value chain for reasons of preventing money laundering and terrorist finance. Where can I find the disputed requirement(s) in the EU regulation?

Regulation 36

Regulation Data Maine Operations 36

Money and Payments

AUGUST 8, 2023

Simply put, the European legislator decided upon promulgating a regulation that obliges future virtual asset providers to broadcast personal data for all transactions along in the international value chain for reasons of preventing money laundering and terrorist finance. Where can I find this requirement in the EU regulation?

Regulation 36

Regulation Data Maine Operations 36

Independent Banker

JANUARY 31, 2023

Illustration by Jozefmicic/Adobe The CFPB recently issued new guidance on overdraft fees that was unanticipated by community banks. Learn what this means for the industry and how community banks can stay in compliance. Sound compliance management requires consistent written disclosures, procedures and actual practices.

Community Bank 91

Community Bank Community Compliance Regulation 91

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

CFPB Monitor

NOVEMBER 22, 2022

As previously reported in February 2019 federal regulators issued a joint final rule (the “Joint Final Rule”) to implement provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (the “Act”) that require regulated financial institutions to accept private flood insurance policies.

Policies 148

Policies Meeting Exercises Regulation 148

BankUnderground

AUGUST 9, 2022

Widespread adoption of crypto in the metaverse, or any other setting would require compliance with robust consumer protection and financial stability regulatory frameworks. In the future, people could shop, exercise and socialise within the metaverse. Which vision will dominate, when and at what size, is uncertain.

System 126

System blockchain cryptocurrency Lending 126

CFPB Monitor

JULY 30, 2020

On July 28, 2020, the CFPB issued a request for information (“RFI”) seeking public input on how best to create a regulatory environment that expands access to credit and ensures consumers and communities are protected from discrimination in all aspects of credit transactions. How to facilitate greater usage of special purpose credit programs.

Regulation 78

Regulation Lending Industry Innovation 78

Abrigo

JANUARY 31, 2023

Recap and forecast The current state of AML/CFT regulations Terminology change Financial crime professionals have long referred to Bank Secrecy Act (BSA) compliance in conjunction with anti-money laundering efforts as “BSA/AML.” However, the regulatory movement since then has been slow.

Fraud 195

Fraud Training Regulation Trends 195

CB Insights

SEPTEMBER 10, 2018

The FDA is focused on clearly defining and regulating “software-as-a-medical-device,” especially in the light of recent rapid advances in AI. Large enough to train a deep neural network, the NIH hopes that the dataset will “enable the scientific community to create a large-scale universal lesion detector with one unified framework.”.

Industry 28

Industry Trends Apple Study 28

CB Insights

JUNE 17, 2020

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics.

Industry 101

Industry Technology Online Video 101