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News Archive for Oct 2022



Fed Rule Expands Durbin Routing Requirements to Card-Not-Present Transactions

Posted on: 10/5/2022
The Federal Reserve has finalized a controversial expanding Regulation II (the implementing regulation ...
 

Ransomware-Specific Resources Now Available in Cybersecurity Guide

Posted on: 10/5/2022
The Federal Financial Institutions Examination Council announced that it had updated its “Cybersecurity ...
 

Bank Resources Available for #GetCoinMoving Month

Posted on: 10/5/2022
  The U.S. Coin Task Force has designated October the month to #GetCoinMoving to highlight coin ...
 

ABA, US Chamber, Trade Groups Sue CFPB for Exceeding its Statutory Authority

Posted on: 10/5/2022
ABA, US Chamber and and five other trade groups have sued the Consumer Financial Protection Bureau and ...
 

Bank Economists: Credit Conditions to Weaken Over Next Six Months

Posted on: 10/12/2022
Bank economists expect credit conditions to weaken over the next six months due to mounting economic ...
 

IRS Provides Relief from RMDs in 2021, 2022 for Inherited IRAs

Posted on: 10/12/2022
The IRS announced that its soon-to-be final regulations on required minimum distributions will apply ...
 

FFIEC Updates Cybersecurity Resource Guide

Posted on: 10/12/2022
The Federal Financial Institutions Examination Council (FFIEC) has recently updated the October 2018 ...
 

Fed Launching New Bank Application Filing System

Posted on: 10/12/2022
The Federal Reserve announced that it is replacing the current bank application filing system with a ...
 

FDIC Approves Controversial Deposit Insurance Assessment Rate Increase

Posted on: 10/26/2022
Despite opposition by the banking industry and some members of Congress, last week, the FDIC board unanimously ...
 

FSB Drafts Guidelines for Harmonizing Cyber Incident Reporting

Posted on: 10/26/2022
The Financial Stability Board has released a set of recommendations for standardizing cyber incident ...
 

Appellate Court Invalidates CFPB’s Funding Structure, Small-Dollar Lending Rule

Posted on: 10/26/2022
In a ruling released last week, a three-judge panel of the federal Fifth Circuit Court of Appeals ruled ...
 

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