191 Enforcement Actions in the U.S. over past 30 days

-

FTC enforcements increased 4% over the past 30 days

-

SEC issued enforcements: $45,971,340.93 over the past 30 days

-

62 Final Rules go into effect in the next 30 days

-

23 Mortgage Lending docs published in the last 7 days

-

427 docs with 4647 extracted obligations from the last 7 days

-

67 new Proposed and Final Rules were published in the past 7 days

-

1706 new docs in pro.compliance.ai within the last 7 days

-

Introducing new content from WesPay

-

G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments - Cointelegraph

G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments

Source: Cointelegraph

PRA Rulebook: CRR Firms: Liquidity Regulatory Reporting (Amendment) Instrument 2019 (not yet in force)

UK-PRA | Securities | Prudential Regulation

PRA Rulebook: CRR Firms: Regulatory Reporting PRA110 Amendment Instrument 2018 (not yet in force)

UK-PRA | Securities | Prudential Regulation

Terminated and Insolvent Multiemployer Plans and Duties of Plan Sponsors

PBGC | Securities | Final Rule

Loans in Areas Having Special Flood Hazards

FCA OCC NCUA FDIC FRS | Lending, Mortgage Lending | Final Rule

Regulations H and K: Registration of Mortgage Loan Originators

FRS | Mortgage Lending | Final Rule

G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments

G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments – Cointelegraph
Cointelegraph 06/01/2019
The FSB said in its latest report that regulators need to improve their risk assessment strategies to keep up with innovations in the cryptocurrency sector. G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31. The report noted that one potential risk assessment metric regulators could look at is banks’ and other financial entities’ degree of exposure to cryptocurrency…
Read More

How Heritage Bank is rolling out its first AI chatbot

How Heritage Bank is rolling out its first AI chatbot
American Banker 06/04/2019
Lincoln Parks, director of marketing at Heritage Bank, explains the bank’s cautious yet forward-thinking approach to its new virtual assistant…
Read More

House subcommittee approves funding bill with $600 million for election security

House subcommittee approves funding bill with $600 million for election security
The Hill: Cybersecurity 06/04/2019
A House Appropriations subcommittee approved a bill Monday night that includes $600 million in funding for the Election Assistance Commission (EAC) meant for states to bolster election security, with the money specifically earmarked for states…
Read More

Why consumers just can't stop complaining about credit bureaus

Why consumers just can’t stop complaining about credit bureaus
American Banker 06/04/2019
For the past four years, credit reporting has generated the most complaints in the Consumer Financial Protection Bureau’s complaint database. It makes up 43% of all grievances in the database, a jump from 23% in 2016, according to an analysis by the U.S. PIRG Education Fund…
Read More

Mortgage refinance candidates swelled by 2 million in May

Mortgage refinance candidates swelled by 2 million in May
National Mortgage News 06/03/2019
The most borrowers in three years currently qualify for refinancing as the average for the 30-year fixed-rate mortgage dropped below 4% for the first time in over a year, according to Black Knight’s Mortgage Monitor…
Read More

X