Compliance & Security Updates

TRID Disclosure Timing What is TRID? TRID is an acronym made up from other acronyms.…

Regulation II – Debit Card Processing Description: The Federal Reserve Board (FRB) has published proposed…

2021 IRS Form Changes BMA has received the updates and changes to the IRS forms…

The Federal Financial Institutions Examination Council (FFIEC) has announced that it will proceed with two…

April 09, 2021: Federal regulators issued a joint statement addressing how risk management principles in…

As we reviewed in this publication last June, it still stands that the LIBOR Index…

What is Cryptocurrency? Cryptocurrency (or “crypto”) is a digital currency that can be used to…

Charge for Consumer Credit Reports The Consumer Financial Protection Bureau (CFPB) has announced that the…

Regulation D – Annual Adjustments The Federal Reserve Board (FRB) has amended Regulation D (Reserve…

 Helping Customers Through the PPP Forgiveness Process Review the rules governing the loan forgiveness process…