Latest Compliance - IT Topics

Question: How will the examiners check the accuracy of my HMDA LAR?

Question: Are we facing any discrimination or technical Regulation B problems if we lend through car dealers? What are our risks if the car dealers are discriminating?

In looking at your Year 2000 issues, have you taken a close look at your trust department and other fiduciary activities? Your regulator wants you to.

The Ombudsman's office gets lots of calls - but most of them should have been directed to the U.S. Government Telephone Operator. They have nothing to do with FDIC.

In the era of kinder, gentler regulators, FDIC is taking giant strides to help banks comply and to help banks help their customers.

As marketing techniques - especially marketing "research" techniques - become more aggressive and competitive, banks should hone their techniques for guarding data.

If you are hoping that the Department of Justice's interest in fair lending enforcement is fading, you are headed for disappointment.

The FRB - and the other regulatory agencies - have completed initial reviews of all banks for Y2K status. On the whole, banks look pretty good.

It's here. The Federal Reserve Board has signed off on proposed Know Your Customer ("KYC") rules.

Yes - there is a new CTR. Fortunately, the changes are editorial in nature. The most significant change makes the form Y2K compliant.