Compliance Newsletter – Oct. 24, 2023

In this week’s Compliance Newsletter:

  • NCUA: Resumption of Federal Student Loan Payments
  • NCUA: Proposed Rule — Simplification of Insurance Rules
  • NCUA: Proposed Rule — Fair Hiring in Banking
  • CFPB Issues Guidance to Halt Large Banks from Charging Junk Fees for Basic Customer Service
  • CFPB Supervisory Highlights Junk Fees Update Special Edition
  • Vast Majority of NSF Fees Have Been Eliminated, Saving Consumers Nearly $2 Billion Annually
  • CFPB and DOJ Joint Statement on Fair Lending and Credit Opportunities for Noncitizen Borrowers Under the Equal Credit Union Opportunity Act
  • CFPB Proposed Rule on Personal Financial Data Rights
  • IRS: Agency Finalizing Direct File Pilot Scope
  • IRS Announces Withdrawal Process for Employee Retention Credit Claims: Special Initiative Aimed at Helping Businesses Concerned About an Ineligible Claim Amid Aggressive Marketing Scams
  • FinCEN Proposal of Special Measure Regarding Convertible Virtual Currency Mixing
  • FinCEN Issues Alert to Financial Institutions to Counter Financing to Hamas
  • League InfoSight Highlight: CFPB Advisory Opinion – Fees for Basic Customer Service
  • League InfoSight Highlight: Recent Content Updates — CU PolicyPro and RecoveryPro
  • CURI Corner: Welcome Our Newest Team Member, Emma Mason
  • Articles of Interest
  • Scam Updates
  • Compliance Calendar
  • Question of the Week

Posted in Compliance Resources.