Latest Compliance News

These entities play a central role in credit intermediation outside the traditional banking system. The post Loans to non-depository financial institutions: new granularity and a rapidly growing segment appeared first on ABA Banking Journal .

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Retail Foreign Exchange Transactions."

Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” accounts for payment services, acknowledging that banks and financial technology firms want conflicting things from the proposed service. The post Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts appeared first on ABA Banking Journal .

The Government Accountability Office released the first of two reports on the Trump administration’s efforts to scale back the activities of the CFPB, providing a timeline of bureau layoffs and office closures. The post GAO releases first report on CFPB cuts appeared first on ABA Banking Journal .

The Office of Foreign Assets Control has launched an online portal for individuals to submit voluntary self-disclosures of potential violations of OFAC-administered sanctions programs. The post OFAC launches online portal for self-disclosures of sanctions violations 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 9 appeared first on ABA Banking Journal .

A prototype payment account carries undue restrictions, fintech groups said in response to a Fed proposal that offers expanded real-time payments access.

Lawmakers reauthorized a voluntary framework for the private sector and government agencies to share information about cyberthreats as part of a larger budget deal. The post Congress reauthorizes private-public cybersecurity framework appeared first on ABA Banking Journal .

The Treasury Department is seeking public input on the Known Investor Program and ways to potentially streamline aspects of its foreign investment review process. The post Treasury seeks comment on changes to foreign investor review process appeared first on ABA Banking Journal .

A proposal to create “payment accounts” to provide basic Federal Reserve payment services requires “careful design and robust risk mitigants” to uphold the integrity of the payments system and protect the public interest, ABA said. The post ABA offers recommendations for mitigating risk in proposed ‘skinny’ accounts appeared first on ABA Banking Journal .

PRESS RELEASE | FEBRUARY 6, 2026 FDIC Extends Comment Period on Proposal to Establish GENIUS Act Application Procedures for FDIC-Supervised Institutions Seeking to Issue Payment Stablecoins WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced a 90-day extension to the comment period on the agency’s notice of proposed rulemaking (NPR) that would implement the application provisions under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) for FDIC-supervised state nonmember banks and state savings associations seeking to issue payment stablecoins through a subsidiary. To provide additional time for the public to prepare comments to address the matters raised by the NPR, the FDIC is extending the comment period from February 17, 2026, to May 18, 2026. ### ATTACHMENTS: Federal Register Notice: Extension of Comment Period Through May 18, 2026 Notice of Proposed Rulemaking: Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institution ### 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 bureau published three pages urging consumers to file complaints with credit agencies before contacting the CFPB. It’s not subtle.

A Brooklyn, New York-based banker allegedly aided a criminal enterprise that submitted more than $10 billion in fraudulent Medicare claims, the Justice Department said.

Elizabeth Warren and other senators accused the regulatory agencies of pursuing “pernicious” changes to bank supervision that would further tie examiners’ hands.

Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institution effective as of the Date Closed as indicated in the listing.

In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (CFPB or Bureau) is requesting to revise an existing information collection titled "Report of Terms of Credit Card Plans (Form FR 2572) and Consumer and College Credit Card Agreements" approved under OMB Control Number 3170-0001.

Senthil Kumar will become Huntington’s CRO as it transitions to a Category III bank, with higher liquidity requirements and capital buffers and more frequent stress tests.

PRESS RELEASE | FEBRUARY 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in November 2025. The CRA is a 1977 law that requires the FDIC to assess a bank’s record of meeting the credit needs of its entire community, including those of low- and moderate-income neighborhoods, consistent with safe and sound operations. As part of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Congress mandated the public disclosure of an evaluation and rating for each bank or thrift that undergoes a CRA examination on or after July 1, 1990. You may obtain a consolidated list of all state nonmember banks whose evaluations have been made publicly available since July 1, 1990, including the rating for each bank, or obtain a hard copy from FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200). A copy of an individual bank's CRA evaluation is available directly from the bank, which is required by law to make the material available upon request, or from the FDIC's Public Information Center. ATTACHMENTS: February 2026 List of Banks Examined for CRA Compliance Monthly List of Banks Examined for CRA Compliance # # # 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

Federal Reserve Board finalizes hypothetical scenarios for its annual stress test and votes to maintain the current stress test-related capital requirements until public feedback can be considered

Treasury Secretary Scott Bessent reiterated the Trump administration’s push for regulatory tailoring during a sometimes contentious congressional hearing that touched on several issues, from stablecoin regulation to community development financial institutions. The post Bessent questioned by lawmakers on tailoring regulation, CDFI Fund appeared first on ABA Banking Journal .

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning a revision to its information collection titled, "Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions with Total Consolidated Assets of $250 Billion or More under the Dodd- Frank Wall Street Reform and Consumer Protection Act." The OCC also is giving notice that it has sent the collection to OMB for review.

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning its information collection titled, "Assessment of Fees."

As required by the Paperwork Reduction Act of 1995, The National Credit Union Administration (NCUA) is submitting a new, proposed information collection to the Office of Management and Budget (OMB).