Latest Compliance - EIN Topics

Question: How often should a bank conduct compliance training? I know there are specific requirements for training on BSA but are there any specific requirements for lending regulations?

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.

The Federal Reserve is requesting comment for the definition of what constitutes a finance charge in Regulation Z.

With new rules on CRA taking effect, this is a good time to check your lobby.

Question: My CEO told me that he heard that small banks are exempt from CRA. My understanding is different. Could you clarify how small banks are treated under the new CRA regulation?