The Financial Crimes Enforcement Network (FinCEN) published a set of materials to aid understanding of the upcoming Beneficial Ownership Information (BOI) reporting requirements. The reporting requirements which take effect on ...
The Securities and Exchange Commission (SEC) filed a writ of certiorari asking the Supreme Court of the United States (SCOTUS) to review a decision out of the Fifth Circuit. The ...
This week, the U.S. Court of Appeals for the Second Circuit ruled the Consumer Financial Protection Bureau’s (CFPB) funding structure is constitutional. Their ruling indicates the structure was authorized by ...
The National Credit Union Administration (NCUA) released its 2022 Annual Report (also referred to as the Performance and Accountability Report) which provides financial and high-level performance results for the agency. ...
The National Credit Union Administration (NCUA) Board approved a final rule amending its Subordinated Debt rule that was finalized in 2020. Chairman Todd M. Harper said, “I support this rule ...
The Consumer Financial Protection Bureau (CFPB) launched an inquiry into companies that track and collect information on people’s personal lives. In issuing this new Request for Information Regarding Data Brokers ...
The National Credit Union Administration (NCUA) released its Quarterly U.S. Map Review for the fourth quarter of 2022 showing that federally insured credit unions experienced continued growth in assets, shares ...
The Consumer Financial Protection Bureau (CFPB) recently released its Winter 2023 special edition of Supervisory Highlights to focus on its supervisory work related to violations of the law in connection ...
The Consumer Financial Protection Bureau (CFPB) recently requested the public’s input on the economic impact of the mortgage loan originator rules on small mortgage companies under the Regulatory Flexibility Act ...
On March 7, 2023, the IRS issued Notice 2023-23 providing relief to IRA providers for providing RMD statements for 2023, specifically for IRA owners who will attain age 72 in ...