Latest Compliance News

The OCC released a proposed rule to implement the Genius Act, including how it would handle the law’s prohibition on paying interest or yield on payment stablecoins. The post OCC releases proposed rule to implement payment stablecoin legislation appeared first on ABA Banking Journal .

Treasury Department is "particularly interested" in nominations from community banks, and nominees who can offer insights on modernizing the BSA framework and implementing the GENIUS Act, The post FinCEN seeking nominations for Bank Secrecy Act advisory group appeared first on ABA Banking Journal .

Out of the 1,900 ATM jackpotting incidents reported since 2000, more than 700 occurred last year alone, resulting in roughly $20 million in losses, the FBI said in a new alert. The post FBI: Malware-enabled ATM jackpotting crimes on the rise appeared first on ABA Banking Journal .

The cross-border platform joins the influx of fintechs seeking banking licenses to issue and custody stablecoins. The OCC has conditionally approved at least seven trust bank charters since December.

The NCUA Board (Board) is publishing this proposed rule to remove a provision of NCUA regulations regarding federal credit unions' (FCUs) statutory lien authority. The Board believes it is redundant to continue to include a definition of the term "except as otherwise provided by law or except as otherwise provided by federal law" when it is axiomatic that a law that supersedes this regulation would be controlling. The provision does not provide any assistance to FCUs in determining whether such statutory or case law exists, therefore it has no material value.

The NCUA Board (Board) is proposing to revise its regulations governing the organization and operation of federal credit unions (FCUs) by eliminating a provision related to credit union service contracts. The Board intends to reduce administrative costs and compliance complexity with this revision, enabling FCUs to serve their members more efficiently.

The NCUA Board (Board) is issuing for public comment a proposal to rescind its regulation that addresses the refund of interest to members. This regulation is redundant, as it restates the authority already granted to a federal credit union's (FCU's) board of directors by the Federal Credit Union Act (FCU Act) section 113(9).

The NCUA Board (Board) solicits public comment on a proposal to streamline its regulations governing the purchase, sale, and pledge of eligible obligations. The Board proposes to remove the prescriptive lists of items that must be addressed in the written policies adopted by a federal credit union (FCU). Although FCUs would still be required to maintain written policies, removing the mandated items will enable a more efficient and principles-based approach. The Board also proposes to remove detailed requirements regarding conflicts of interest and compensation. These regulatory provisions are unnecessary since FCUs are already governed by broader conflict of interest provisions in their bylaws and by the fiduciary duties of their officials.

The NCUA Board (Board) is issuing for public comment a proposal to amend the NCUA's regulation that limits a federally insured credit union (FICU) official and employee compensation in connection with loans to members and lines of credit to members. These regulations have generated confusion and are unduly restrictive. To provide clearer and more flexible standards, the proposed rule would expressly permit incentive and bonuses to employees, including senior management, to incorporate lending metrics as part of compensation based on a credit union's overall financial performance.

The NCUA Board (Board) solicits public comment on a proposal to eliminate the regulatory requirement that each director of a federal credit union (FCU) attain a working familiarity with finance and accounting within 6 months after election or appointment. The Board believes the regulation is unnecessarily prescriptive.

Bank Secrecy Act filings have been used in nearly every financial crime investigation conducted by IRS Criminal Investigation, “underscoring the integral role BSA data has in uncovering and prosecuting financial crimes across the country,” according to a new report by the agency. The post Bank Secrecy Act filings used in most IRS-CI financial crime investigations appeared first on ABA Banking Journal .

PRESS RELEASE | FEBRUARY 24, 2026 FDIC-Insured Institutions Reported Return on Assets of 1.24 Percent and Net Income of $77.7 Billion in Fourth Quarter 2025 WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today released the results of its latest Quarterly Banking Profile , a comprehensive summary of financial results based on reports from 4,336 insured commercial banks and savings institutions. In fourth quarter 2025, FDIC-insured institutions reported a return on assets (ROA) ratio of 1.24 percent and aggregate net income of $77.7 billion, a decrease of $1.6 billion (2.0 percent) from the prior quarter. For the full year, FDIC-supervised institutions reported net income of $295.6 billion, a 10.2 percent increase from 2024. The banking industry continued to maintain strong capital and liquidity levels, which support lending and protect against potential losses. Other key findings of the FDIC’s Quarterly Banking Profile include: The net interest margin rose from the previous quarter to 3.39 percent, driven by a 2.2 percent increase in net interest income. Net income among community banks decreased 3.8 percent from the prior quarter. Loan growth accelerated to 2.0 percent from the prior quarter, and annual growth increased to 5.9 percent. Domestic deposits grew 1.8 percent, the sixth consecutive quarterly increase. Asset quality metrics remained generally favorable, though some commercial real estate and consumer portfolios have elevated delinquency rates. The Deposit Insurance Fund Reserve Ratio increased 2 basis points to 1.42 percent. For more information, read the FDIC’s statement with accompanying charts . Additional charts and data are available for download. # # # MEDIA CONTACT: [email protected] The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US

The Federal Reserve is seeking public comment on a proposal to codify its recent decision to remove the use of reputational risk from its bank supervision. The post Fed seeks input on removing reputational risk from bank supervision appeared first on ABA Banking Journal .

For banks, training, teamwork and technology are effective tools. ‘48 years can be gone in 48 hours.’ The post Financial fraud threats to seniors are continuous appeared first on ABA Banking Journal .

News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control. The post Recent news from Treasury’s Office of Foreign Assets Control: February 23 appeared first on ABA Banking Journal .

Compliance QOTM answers question on adverse action notice. The post Compliance question of the month: February 2026 appeared first on ABA Banking Journal .