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Buying into AML risks in real estate

Abrigo

According to the National Association of Realtors, there were more than 106,000 real estate brokerage firms in the United States. The institutions are the ones shouldering the costs of compliance, examinations, and fines. Including rental and leasing licensees, as of 2021, the industry comprises approximately 16.7% In 2017, over 5.51

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Update on state small business commercial financing disclosure laws

CFPB Monitor

Around the nation, regulators are preparing to implement and enforce new consumer-like disclosure laws for small business commercial finance providers. Compliance obligations are not likely to arise in any of the other states before the third quarter of 2022.

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Patriot National in Connecticut freed from order with OCC

American Banker

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The Case for Improving Work for People with Disabilities Goes Way Beyond Compliance

PYMNTS

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years. CarMax must also present consumers with copies of open recalls and obtain the consumer’s signature on a standalone disclosure document before presenting any other sales paperwork. .

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Yet now the ban on the surcharge ban – made possible by regulatory changes – means that companies must be in full compliance with the rules. The landscape may eventually become one where large enterprise merchants that operate nationally will be able to implement uniform pricing strategies nationwide. population.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31 And New Hampshire is far from unique: According to the Monitor’s reports, both Connecticut and Rhode Island have seen similar results with their online gambling platforms.

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