Compliance & Security Updates April 7, 2021 Compliance Update – April 2021 As we reviewed in this publication last June, it still stands that the LIBOR Index… BMA Love0
Compliance & Security Updates March 16, 2021 Compliance Update – March 2021 What is Cryptocurrency? Cryptocurrency (or “crypto”) is a digital currency that can be used to… BMA Love0
Compliance & Security Updates February 8, 2021 Compliance Update – February 2021 Charge for Consumer Credit Reports The Consumer Financial Protection Bureau (CFPB) has announced that the… BMA Love0
Compliance & Security Updates January 19, 2021 Compliance Update – January 2021 Regulation D – Annual Adjustments The Federal Reserve Board (FRB) has amended Regulation D (Reserve… BMA Love0
Compliance & Security Updates December 11, 2020 Compliance Update – December 2020 Helping Customers Through the PPP Forgiveness Process Review the rules governing the loan forgiveness process… BMA Love0
Compliance & Security Updates November 10, 2020 Compliance Update – November 2020 Documentation Question: What type of documentation should financial institutions maintain relative to providing an accommodation… BMA Love0
Compliance & Security Updates November 4, 2020 Compliance Update – October 2020 Question: Can the bank's Compliance Officer also be the OFAC Compliance Officer? Answer: Yes, the… BMA Love0
Compliance & Security Updates October 1, 2020 Compliance Update – September 2020 Regulation B / Request for Information The Consumer Financial Protection Bureau (CFPB) is requesting comments… BMA Love0
Compliance & Security Updates August 1, 2020 Compliance Update – August 2020 1. Changes in Allowances for Credit Losses (Schedule R1-B; Part II) a. Provisions for Credit… BMA Love0
Compliance & Security Updates July 1, 2020 Compliance Update – July 2020 The Consumer Financial Protection Bureau issued a proposed rule to implement relief from mandatory escrow… BMA Love0