Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. FDIC Update. Last April, the FDIC released an Interagency Statement titled Model Risk Management (MRM) for Bank Models and Systems Supporting BSA/AML Compliance.

Risk Management 195

Risk Management Management FDIC Meeting 195

Abrigo

JULY 26, 2021

The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled during an “Ask the Fed” webinar , where regulators described the Excel spreadsheet-based option using estimated loss rates from peers as a “ starting point ” in the calculation. They also said it doesn’t ensure compliance with U.S. Learn more.

Tools 195

Tools Kansas City Kansas Regulation 195

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank.

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

JULY 10, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Fraud 150

Fraud How To social media Security 150

Abrigo

JUNE 2, 2021

Does it address a “culture of compliance”? Culture of compliance. FinCEN issued an advisory in 2014 highlighting the importance of a strong culture of compliance for senior management, leadership, and owners within financial institutions. This includes compliance from top, to middle, to frontline leadership. Calibration.

How To 195

How To Training Compliance Policies 195

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

Management 150

Management FDIC Risk Management Community Bank 150

CFPB Monitor

SEPTEMBER 8, 2016

The much-anticipated guidance was published in the Federal Register on August 26, 2016, just over one month before the final rule’s October 3 compliance deadline for most products other than credit cards. ” More information about the webinar and the registration form is available here. On September 20, 2016, from 12 p.m.

Compliance 60

Compliance FDIC Security Regulation 60

CFPB Monitor

MAY 19, 2016

” The other agencies are the OCC, Fed, FDIC, and NCUA. ET, Ballard Spahr attorneys will hold a webinar on the guidance: Interagency Deposit Reconciliation Guidance: Will Your Bank’s Practices Meet Expectations? The webinar registration form is available here. Culhane, Jr. On June 21, 2016, from 12 p.m.

Policies 60

Policies Regulation Compliance FDIC 60

CFPB Monitor

FEBRUARY 23, 2022

The agencies consist of the CFPB, FDIC, OCC, Federal Reserve Board, NCUA, HUD, DOJ, and FHFA. Last year, we held a webinar on SPCPs in which we provided an overview of ECOA and Regulation B requirements and discussed the CFPB Advisory Opinion as well as issues and challenges in developing SPCPs and required written plans.

Regulation 78

Regulation Lending Compliance FDIC 78

Abrigo

AUGUST 8, 2021

The Federal Reserve, the OCC, the NCUA, and the FDIC repeatedly pointed out that the nature of loan review or credit risk review at a given bank or credit union will vary. It also monitors compliance with applicable regulations and laws. Watch Webinar. Lending & Credit Risk. Loan Review and Due Diligence. Learn More.

System 195

System Lending Policies Regulation 195

CFPB Monitor

SEPTEMBER 10, 2020

The DBO indicated that it “is investigating whether LoanMart’s role in the arrangement is so extensive as to require compliance with California’s lending laws. Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision. The FDIC has not yet proposed a similar rule. to 4:30 p.m.

Utah 78

Utah California FDIC West Virginia 78

Abrigo

NOVEMBER 9, 2022

The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. Banks regulated by the Federal Reserve, the OCC, or the FDIC made up the bulk of institutions represented by survey-takers (73%).

Survey 195

Survey Software Resources Meeting 195

Abrigo

MARCH 2, 2023

Community banks and the entire banking industry face downside risks from inflation, rising market interest rates, and continued geopolitical uncertainty, the FDIC said recently in its quarterly report. Abrigo Solutions Make better decisions amid uncertainty Respond quickly and efficiently to the needs of customers.

Technology 195

Technology Lending Community Software 195

Social Assurance

MAY 22, 2020

While the FDIC and Federal Reserve did not join the OCC in releasing this rule, they have released their proposed rule. To learn more about these changes, check out our CRA Webinar. The post CRA Compliance: OCC Releases Final Rule on CRA Regulations appeared first on Social Assurance. Building Community with Social Assurance.

Compliance 29

Compliance Regulation Community Guidelines 29

CFPB Monitor

JUNE 11, 2015

The other agencies were the OCC, Fed, FDIC, NCUA and SEC. Ballard Spahr will be hosting a webinar at 3 p.m. A link to register for the webinar is available here. Please note that due to scheduling issues, we have changed the webinar date that is indicated in our legal alert and on the registration form.).

Regulation 60

Regulation FDIC Policies Compliance 60

CFPB Monitor

MAY 4, 2016

The Federal Financial Institutions Examination Council (FFIEC), whose members include the CFPB, is proposing a new uniform interagency consumer compliance rating system to reflect changes in consumer compliance supervision since the current rating system was adopted in 1980. ” A link to register is available here.

System 60

System Compliance FDIC Management 60

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Major consumer loan compliance regulations.

Compliance 195

Compliance Lending Risk Management Regulation 195

CFPB Monitor

JUNE 15, 2020

ET, Ballard Spahr will hold a webinar, “The OCC Issues Final CRA Rule – What Changed and What’s Next?” ” In the webinar, we will be joined by special guest Kenneth H. Until the compliance date is reached, banks must continue to comply with parts 25 and 195 of the OCC’s regulations (12 C.F.R. to 1:00 p.m.

Community 60

Community FDIC Lending Examples 60

Social Assurance

DECEMBER 13, 2019

Significant changes are in store for financial brands and a quick preview is available in the joint statement released by the FDIC and OCC. These proposed rules enable the compliance framework to keep pace with the latest technological trends and help banks better serve their community. Illustrative List of Qualifying CRA Activities.

Community 15

Community Branding Compliance Meeting 15

Social Assurance

DECEMBER 13, 2019

Significant changes are in store for financial brands and a quick preview is available in the joint statement released by the FDIC and OCC. These proposed rules enable the compliance framework to catch up to technological trends and help banks better serve their community.

Community 15

Community Branding Regulation Compliance 15

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. Learn More.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

MAY 7, 2020

No-Action Letter Policy) to address potential compliance issues. The Bureau focused on assessing whether (1) there is discrimination in the application, underwriting, and pricing processes, (2) creditors are redlining, and (3) there are weaknesses in fair lending related compliance management systems. Small business lending.

Lending 78

Lending Report FDIC Policies 78

CFPB Monitor

JULY 6, 2020

These actions could include, but are not limited to, updated compliance aids, policy statements, or other guidance.”. ET, Ballard Spahr will hold a webinar , “The CFPB’s LIBOR Transition Proposal and Guidance: What You Need To Know.” On July 14, 2020, from 12:00 p.m. Click here for more information and to register.).

Regulation 78

Regulation Policies FDIC Lending 78