No 2014 Share Insurance Fund Premium: NCUA

The NCUA says no 2014 premium, approves joint rule amending flood insurance and correction to corporate rule.

A Look Back at Compliance Issues in 2013

Without a doubt, 2013 may have been one of the most challenging years ever for dealing with new compliance requirements.

Amendments to CFPB Mortgage-Lending Rules Released; CUNA Survey Seeks Credit Unions’ Input on the Compliance Burden

New amendments to the Consumer Financial Protection Bureau’s mortgage-lending rules were released on Friday, adding to concerns about the ability of financial institutions to meet the bureau’s January 2014 deadline for implementation.

Additional Mortgage-Rule Amendments Expected Soon

The Consumer Financial Protection Bureau is expected to amend its mortgage rules in response to lender concerns. Lenders are expected to support the changes but may have concerns about meeting the implementation deadlines.

CFPB TILA Escrow Rule guidance and Amendments

The CFPB has issued two new documents pertaining to the Truth in Lending Act.

Legal Briefs

Your weekly update on the regulatory landscape.

Notice Regarding How to Correct or Amend Paper Bank Secrecy Act Forms

Due to business process changes resulting from FinCEN’s BSA IT modernization, paper form instructions that pertain to filing corrections or amendments have changed.

FASB Clarifies TDRs

CPA Daren B. Tanner clarifies recent changes to Troubled Debt Restructuring after FASB released a new update.

The Fed Proposes Amendments to Regulation CC Regarding Collection of Checks and Availability of Funds

The Federal Reserve Board requested public comment on proposed amendments to Regulation CC to encourage banks to clear and return checks electronically, add provisions that govern electronic items cleared through the check-collection system, and shorten the “exception” hold periods on deposited funds.