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Compliance Clips • February 20, 2025
Final Beneficial Ownership Injunction Lifted
On February 18, 2025, the U.S. District Court for the Eastern District of Texas in the Smith, et. al. v. U.S. Department of Treasury case et al. lifted the final…Read more -
Compliance Clips • February 17, 2025
OFAC Interim Final Rule Will Extend Recordkeeping Requirements
On Sept. 13, 2024, the Foreign Assets Control Office issued an interim final rule amending the Reporting, Procedures and Penalties Regulations in response to the 21st Century Peace through Strength…Read more -
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Compliance Clips • February 7, 2025
5th Circuit Pauses Small Business Lending Rule For Some, But Not All
On February 7, 2025, the 5th Circuit Court of Appeals issued an order staying the mandatory compliance dates for the Section 1071 small business lending data collection rule, but…Read more -
Disclosure • February 3, 2025February 2025 Disclosure
Compliance with the Flood Disaster Protection Act continues to be a problem area for many banks and is consistently on…Read more -
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Communications Toolkit • January 3, 2025
2025 Q1 Communications Toolkit
This issue covers a variety of topics, including financial resolutions to consider for the new year, essential consumer protections to keep in mind, and tips to strengthen your digital…Read more -
Compliance Clips • January 2, 2025
Filing Fees Increase
In 2024, the Iowa legislature amended Iowa Code chapter 321 allowing for initial title and registration transactions and other related title transactions to be conducted in any county. As a…Read more -
Disclosure • January 2, 2025January 2025 Disclosure
The Fair Credit Reporting Act (FCRA) is the cornerstone of credit reporting regulations. Accuracy in consumer reporting is critical, as…Read more -
BSA • December 30, 2024
Court Plays Game of Red Light, Green Light – Beneficial Ownership Injunction Reinstated
In a Compliance Clip dated Dec. 24, 2024, the IBA alerted members that a 3-judge motions panel of the Fifth Circuit Court of Appeals had lifted…Read more