More about financialinstitution@CLAconnect.com
Blog Posts by financialinstitution@CLAconnect.com:
-
CFPB Proposes Two Amendments to Integrated Mortgage Disclosure Rules
On October 10, the Consumer Financial Protection Bureau (CFPB) issued proposed amendments to its Truth in Lending-Real Estate Settlement Procedures Act integrated mortgage disclosure rule (mortgage rule).
-
CFPB Penalizes Bank for New Mortgage Servicing Rule Violations
The Consumer Financial Protection Bureau (CFPB) announced on September 29 that it took action against Flagstar Bank for violations related to the new mortgage servicing rules.
-
Legge Talks Bitcoin Basics for Credit Unions
David Legge, financial institutions principal with CliftonLarsonAllen, authored a two-part article on bitcoin for the Credit Union Times.
-
FinCEN Issues Advisory on Culture of BSA/AML Compliance
On August 11, 2014, the Financial Crimes Enforcement Network (FinCEN) issued Advisory FIN-2014-A007, which highlights the importance of financial institutions instituting and maintaining a strong culture of compliance for the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules.
-
CliftonLarsonAllen Acquires PKC Consulting
CliftonLarsonAllen (CLA), a national certified public accounting and consulting firm, announced on August 1, 2014, that it has acquired PKC Consulting, a La Crosse, Wisconsin, consulting, accounting and tax services firm.
-
CFPB Proposes Expanding Complaint Policy Statements
On July 16, 2014, the Consumer Financial Protection Bureau (CFPB) issued a proposed policy statement on its consumer complaint database.
-
CFPB Releases TILA-RESPA Integrated Disclosures Small Entity Compliance Guide
Sixteen months before the rule goes into effect August 1, 2015, the Consumer Financial Protection Bureau (CFPB) released the small entity compliance guide for the Truth in Lending Act and Real Estate Settlement Procedures Act (TILA-RESPA) integrated mortgage disclosure rule.
-
FinCEN Releases Bank Secrecy Act Guidance on Marijuana-Related Businesses
On February 14, 2014, the Financial Crimes Enforcement Network (FinCEN) issued guidance on Bank Secrecy Act (BSA) expectations for marijuana-related businesses.
-
Significant Home Mortgage Disclosure Act Changes Are Coming
In yet another sign of significant impending changes to Home Mortgage Disclosure Act (HMDA) requirements, the Consumer Financial Protection Bureau’s (CFPB) director recently commented on HMDA during a press call.
-
FinCEN Fines JPMorgan $461 Million for BSA Violations
In a January 7, 2014, news release, the Financial Crimes Enforcement Network (FinCEN) announced that they have fined J.P.Morgan Chase Bank, N.A. (JPMorgan) $461 million for violating the Bank Secrecy Act (BSA).