Latest Compliance - Compliance/Compliance Management Topics

Expedited funds is getting high level attention. The U. S. Supreme Court has heard and ruled on an expedited funds case.

In the compliance world, this is the busiest time of the year. This is always the time of year when we face learning about compliance provisions in new legislation.

On October 18, 1995, the financial regulatory agencies proposed new flood insurance regulations to carry out the provisions in the Riegle Community Development and Regulatory Improvement Act of 199

On September 30, 1995, President Clinton signed into law amendments that will bring an end to >

The Department of Justice never seems to sleep. Its attorneys are even now developing cases that will test new legal theories under the fair lending laws.

The Federal Reserve Board has proposed an update to the Official Staff Commentary to Regulation B, Equal Credit Opportunity.

The FRB has published its final commentary to Regulation C, Home Mortgage Disclosure. It takes effect on January 1, 1996 and will affect your data collection and reporting for 1996.

Between April, 1993 and the end of 1995, the OCC referred 20 fair lending cases to the Department of Justice.

The good news is that they really are uniform, as written. In implementation, time will tell. However, keeping them uniform is partly the responsibility of banks.

Question: Are there any special rules or exemptions for "small banks" (those under $250 million in assets) when it comes to data reporting under HMDA and CRA?