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
Compliance & Security Updates June 1, 2020 Compliance Update – June 2020 “I don’t know how some of the things in the past month would have been… BMA Love0
Compliance & Security Updates May 1, 2020 Compliance Update – May 2020 The Federal Reserve Board (FRB) has published a temporary change to its capital rule that… BMA Love0
Compliance & Security Updates April 1, 2020 Compliance Update Special Edition– April 2020 The banking regulators (FDIC, FRB, and OCC) have announced that banks will have an additional… BMA Love0
Compliance & Security Updates March 1, 2020 Compliance Update – March 2020 Question: May a prepaid card be set up without requiring customer identification verification? Answer: Regulation… BMA Love0
Compliance & Security Updates February 1, 2020 Compliance Update – February 2020 Question As a Bank, you have an arrangement with an insurance company to offer homeowner’s… BMA Love0