Compliance Watch

The National Credit Union Administration Board held its ninth open meeting of 2023, where it unanimously approved a proposed rule incorporating its Second Chance Interpretive Ruling and Policy Statement and the Fair Hiring in Banking Act into its regulations.

The CFPB proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and gain new protections against companies misusing their data.

The Federal Financial Institutions Examination Council’s Appraisal Subcommittee held a hearing about appraisal bias.

This report analyzes the 9,284 student loan complaints submitted by consumers from Sept. 1, 2022, through Aug. 31, 2023.

A big thank you to everyone that took the time to respond to our annual survey. Credit unions specifically indicated they would like short videos and training that can help them stay on top of regulatory changes and learn in their own time.

Join your peers in Washington, D.C., at the NCUA’s 2023 DEI Summit to explore the value proposition of diversity, equity, and inclusion in the credit union industry...

If you haven’t already done so, please take a moment to complete League InfoSight’s annual survey.

The Federal Trade Commission announced a new proposed rule to prohibit junk fees that are hidden and bogus fees that can harm consumers and undercut honest businesses.

The Consumer Financial Protection Bureau has launched an initiative to better understand the financial experiences of immigrants in the United States.

The Consumer Financial Protection Bureau and Department of Justice jointly issued a statement to assist creditors and borrowers in understanding the potential civil rights implications...