Legal Briefs

Consumer Financial Protection Bureau (CFPB)

The CFPB published a blog post informing consumers that they can now begin to submit complaints related to money transfers.

The CFPB has posted its final policy statement regarding how it will ensure that personally identifiable information is not disclosed when consumer complaint data is released.

The CFPB has published a small entity compliance guide for the Ability to Repay and Qualified Mortgage Standards rules.

Federal Trade Commission (FTC)

The FTC has posted a video designed to help victims of identity theft.

Financial Accounting Standards Board (FASB)

FASB issued a press release discussing its proposal to improve the process of reporting discontinued operations.

Federal Reserve Board (FRB)

The FRB published the minutes from the Federal Open Market Committee meeting on March 19, 2013.

Federal Housing Finance Agency (FHFA)

The FHFA has released its January 2013 Refinance Report, which details the refinance activity of Fannie Mae and Freddie Mac.

Office of Foreign Assets Control (OFAC)

OFAC has updated the SDN list as of April 9, 2013. The most recent previous update had been on April 3, 2013.

Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Business Solutions, Compliance News, Federal, Industry Insight.