Newsletter
2021 Newsletters
- InfoSight Newsletter, Vol 15, Issue 23 (6/11/2021)
- Highlights - Coming Soon - The All New RecoveryPro
- InfoSight Content Update
- CFPB Adds FAQs on Escrow Accounts
- Advance Child Tax Credit Payments to Begin on July 15
- NCUA Regulatory Alert
- Letter to Credit Unions
- CFPB Webinar
- InfoSight Newsletter, Vol 15, Issue 22 (6/4/2021)
- Highlights - June is Pride Month
- Administration Proposes Expanded Reporting to IRS
- FinCEN Innovation Hours Program on Privacy Enhancing Technologies
- Yellen Asks Congress for Project Funding
- EIP3 Payments Continue
- ICE Extends COVID-19 Form I-9 Guidance
- InfoSight Newsletter, Vol 15, Issue 21 (5/28/2021)
- InfoSight by the Numbers
- Nacha Requests Feedback on Proposals and Posts RFI
- Fed Chair’s Message on Potential for Central Bank Digital Currency
- FTC Schedules Virtual Ad and Data Security Workshop
- NCUA Board Approves Derivatives Final Rule and Asks for Comments
- World Council launches ‘The Global Credit Union Podcast’
- InfoSight Newsletter, Vol 15, Issue 20 (5/21/2021)
- CU PolicyPro Training - Registration Open!
- Agencies Extend Comment Period for Info Gathering on Uses of AI
- Fed Extends Reg O PPP Rule Again
- NCUA Schedules Upcoming Webinars
- NCUA Chairman’s Letter Re: LIBOR Transition
- InfoSight Newsletter, Vol 15, Issue 19 (5/14/2021)
- CU PolicyPro New System FAQs
- Federal Financial Regulators to Hold Webinar on Emergency Capital Investment Program
- CFPB Issues Annual Report on Servicemember Affairs
- CFPB and FTC Alert Landlords to Tenants' Pandemic Rights
- Celebrating Older Americans Month
- InfoSight Newsletter, Vol 15, Issue 18 (5/7/2021)
- Qualified Mortgage Changes
- CFPB Issues Consumer Complaint Bulletin
- NASCUS Offers a Cannabis & Hemp eSchool
- CFPB Action Against Reverse Mortgage Lender
- IRS Releases 7th EIP3 Batch
- CFPB Responds to Claims of Mr. Cooper Unauthorized Withdrawals
- InfoSight Newsletter, Vol 15, Issue 17 (4/30/2021)
- CFPB Delays Compliance Date for General QM Final Rule
- Employer Tax Credits for Paid Leave for Vaccinations
- Sixth Batch of EIP3 Payments Disbursed
- FTC Report on Protection of Consumers During Pandemic
- Warren Introduces Bill That Excludes Credit Unions from CRA
- NCUA Board Briefed on Emerging Cybersecurity Threats, PCA Relief Measures
- InfoSight Newsletter, Vol 15, Issue 16 (4/23/2021)
- NCUA Temporarily Modifies CU Regs
- First Action Filed Under COVID-19 Consumer Protection Act
- CDRLF Grant Round to Open
- CU DEI Collective Launches New Website
- Registration Open for 2021 World Credit Union Conference
- InfoSight Newsletter, Vol 15, Issue 15 (4/16/2021)
- Agencies Issue Statement and Request for Information on Bank Secrecy Act/Anti-Money Laundering Compliance
- Freddie and Fannie to Limit Loan Eligibility to New QM Rule
- NWCUA Releases Economic, Community Impact Report
- CFPB And Settleit Propose Settlement Order
- InfoSight Newsletter, Vol 15, Issue 14 (4/9/2021)
- Preparing for CU PolicyPro Migration
- Five Ways to Prepare for Your Next Exam Without a Lot of Stress
- Proposed Mortgage Servicing Changes to Mitigate Foreclosure Surge
- FinCEN Works Toward New Beneficial Ownership Rule
- InfoSight Newsletter, Vol 15, Issue 13 (4/2/2021)
- A New Month - A 9-Day InfoSight Challenge!
- President Signs PPP Extension Act of 2021
- Agencies ask Input on Institutions' use of Artificial Intelligence
- CUSO Rule Comment Period Extended
- $50M in University of Phoenix Refunds Sent to Students
- FinCEN Issues Innovation Hours Report
- InfoSight Newsletter, Vol 15, Issue 12 (3/26/2021)
- What Would Your Day be Like Without – or With - InfoSight?
- NEW Resource – Required Compliance Training
- RISK Alerts for March
- SBA Issues IFR on American Rescue Plan Act of 2021
- OFAC Penalties Adjusted for Inflation
- March Meeting of the NCUA Board
- InfoSight Newsletter, Vol 15, Issue 11 (3/19/2021)
- Take Advantage of All InfoSight Has to Offer!
- CFPB Offers Webinar on Mortgage Forbearance Options
- March 24 NCUA Webinar Will Cover COVID-19 Credit Risk Issues
- EIP Direct Deposits Being Received
- CFPB Rescinds Abusiveness Policy Statement
- Agencies Request Public Comment Regarding Private Flood Insurance
- InfoSight Newsletter, Vol 15, Issue 10 (3/12/2021)
- CU PolicyPro’s New Look!
- NCUA Publishes Proposal and ANPR
- SBA Issues Interim Final Rule to Make Revisions to Calculation and Eligibility for PPP Loans
- CFPB Interpretive Rule on Prohibition Against Sex Discrimination
- FinCEN Issues Notice on Trade in Antiquities and Art
- InfoSight Newsletter, Vol 15, Issue 9 (3/5/2021)
- InfoSight Updates
- FFIEC Releases Updates to BSA/AML
- Consumer Finance Protection Week
- FCC Final TRACED Act rules
- FinCEN Issues Advisory on Crimes Targeting EIPs
- FHFA Extends COVID-19 Forbearance and Foreclosure Eviction Moratoriums
- What is the World Council of Credit Unions (WOCCU)
- InfoSight Newsletter, Vol 15, Issue 8 (2/26/2021)
• InfoSight FAQs (Continued!)
• Biden Administration Takes Steps to Promote Equitable Access to SBA Relief
• Bureau and States Sue Libre For Predatory Immigrant Scam
• March 1 Begins National Consumer Protection Week
• Joint-ownership Share Account Coverage Rule - InfoSight Newsletter, Vol 15, Issue 7 (2/19/2021)
• InfoSight FAQs
• HMDA Data Must Be Submitted by March 1
• CFPB Issues Rule on HPML Escrow Exemption
• Fed Extends PPP Exception Under Reg O
• Another PPP Procedural Notice From SBA
• SBA PPP Progress Report
• Enterprises Extend Loan Origination Flexibilities
• The Worldwide Foundation of Credit Unions - InfoSight Newsletter, Vol 15, Issue 6 (2/12/2021)
• 2021 RISK Alerts from CUNA Mutual Group
• FinCEN Advisory on COVID-19 Fraud
• Fate of QM and Debt Collections Rules Uncertain
• Procedural Guidance on Lender PPP Processing Fees
• Some Things CUs Should Know about Direct Deposit Tax Refunds
• New Guide Helps Military Families with Financial Challenges
• Upcoming Nacha rules changes - InfoSight Newsletter, Vol 15, Issue 5 (2/5/2021)
• Infosight Is Not Just for The Compliance Officer!
• FinCEN Changes Comment Date For CVC/LTDA Transactions Proposal Again
• OFAC Upgrades SDN List Search Tool
• SBA Adds PPP FAQs
• FinCEN Affirms PPP FAQs
• CFPB Updates List of Consumer Reporting Companies - InfoSight Newsletter, Vol 15, Issue 4 (1/29/2021)
• January Updates
• Solar Winds Breach Statement from League InfoSight
• NCUA, CFPB Memorandum Calls for Coordination of Compliance, Enforcement
• FinCEN Submits Renewal of CTR DOEP Requirements
• LendUp Loans to Pay $950,000 Under Settlement
• 60,000 PPP Loan Applications Approved, Posts Updates
• CFPB Issues Rule on HPML Escrow Exemption
• Effort to Ensure CARES Act Payments Are Received
• NCUA Proposes Amendment of SAR Regs - InfoSight Newsletter, Vol 15, Issue 3 (1/22/2021)
• What Are You Missing?
• FinCEN Issues FAQs on SARs
• NCUA Board Approves Final Rule on the Role of Supervisory Guidance
• FinCEN Submits Renewal of Recordkeeping Requirement
• Capital One to pay $390M for BSA/AML violations
• CFPB Amends Ability-to-Repay/Qualified Mortgage Rule Under Truth in Lending Act - InfoSight Newsletter, Vol 15, Issue 2 (1/15/2021)
• 2021 Compliance Calendar
• Stimulus Funds are Here!
• Verifying Stimulus Payments
• SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
• Newly Issued Letters to Credit Unions
• HMDA Filing Platform Open for 2020 Data - InfoSight Newsletter, Vol 15, Issue 1 (1/8/2021)
• HAPPY NEW YEAR!
• December 2020 Updates
• NCUA Proposes Amendment of SAR Regs
• 2019 Terrorist Assets Report
• FinCEN Issues COVID-19 Scam Alert
• OFAC Adds FAQs On Chinese Military Companies
• NCUA Board Approves Rules and Proposals
• FATF Updates COVID-19 Report
• FinCEN Proposes Virtual Currency and Digital Assets Rules
• Solar Winds - What to do Next?
2020 InfoSight Newsletters
- InfoSight Newsletter, Vol 14, Issue 48 (12/18/2020)
• HAPPY HOLIDAYS!
• Grandma Got A Scam Call from A Reindeer
• FinCEN Issues New 314(b) Fact Sheet
• Frosty the Con Man: Avoiding Family Emergency Scams
• CFPB Issues Two Final Rules to Promote Access to Responsible, Affordable Mortgage Credit - InfoSight Newsletter, Vol 14, Issue 47 (12/11/2020)
• Updates in InfoSight: ‘Tis the Season
• Bureau Sues Online Lender for MLA violations
• Violations of Law and Consumer Harm
• NCUA Releases Q3 2020 Credit Union System Performance Data
• Consumer Financial Protection Bureau Settles with Debt Collector - InfoSight Newsletter, Vol 14, Issue 46 (12/4/2020)
• Updates in InfoSight
• Revised Reg F published
• Adverse Market Refinance Fee Implementation December 1
• Bureau issues Advisory Opinions Policy and two opinions
• Lower BSA Transfer Threshold Would Substantially Burden CUs
• BSA due diligence for charities and non-profits clarified
• Unchanged thresholds for Regs M and Z
• House Prices Climbing
• CFPB Updates 2021 HMDA FIG
• IRS 2020 Criminal Investigation Report Released
• NCUA Announces Relief Measures for Meeting Flexibility in 2021 - InfoSight Newsletter, Vol 14, Issue 45 (11/20/2020)
• CUNA Mutual Group Addition to InfoSight
• Business Info to be Masked in IRS Tax Transcripts
• Virginia Man Sentenced for PPP Fraud
• Register Now for Webinar on NCUA’s Response to COVID-19
• Debt Collection Compliance Aid Resource Webpage - InfoSight Newsletter, Vol 14, Issue 44 (11/13/2020)
• ACH/Electronic Payments - New Topic
• FinCEN Advisory on FATF Jurisdiction List
• Driver Loan, LLC and CEO Subjects of Bureau Suit
• Servicemembers Consumer Protection Webinar
• Sanctions Imposed on Petroleum Network, Syrian Officials and Entities
• NCUA Fair Lending and Consumer Compliance Webinar Announced
• A Virtual Global Financial Symposium: The Economic Impacts of COVID-19 on Credit Unions
• 2020 Fair Lending Interagency Webinar - InfoSight Newsletter, Vol 14, Issue 43 (11/06/2020)
• Payday Lending
• Bureau Issues FDCPA Rule
• Noncash Payments Data From 2019 Payments Study
• NCUA Hosting Webinar on Payday Alternative Loans and Short-Term Lending
• Cuban Assets Control Regs Amended
• Webinar: COVID-19 Related Money-Laundering and Terrorism-Financing Risks
• Proposal to Codify Regulatory Guidance Statement - InfoSight Newsletter, Vol 14, Issue 42 (10/30/2020)
• Cybersecurity Awareness Month – NCUA Board Presentation
• CFPB Settles with 9th Mortgage Company to Address Deceptive Loan Advertisements Sent to Servicemembers And Veterans
• WEBINAR: The COVID-19 Crisis and the Role of Community Finance in Recovery
• NACHA Changes Ahead
• CFPB Settles with Bank Over Inaccurate HMDA Reporting
• Agencies Propose Lower Recordkeeping and Travel Rule Threshold
• CFPB Issues Advance Notice of Proposed Rulemaking - InfoSight Newsletter, Vol 14, Issue 41 (10/23/2020)
• Cybersecurity Awareness Month – by Guest Author Mike Lane
• ACCESS Initiative Launched by NCUA
• Owner of Bitcoin 'Mixer' Service Hit with $60M CMP
• Advisory on Human Trafficking and Related Activity
• CFPB Posts HMDA Data Reference Chart for 2021
• Fannie and Freddie Extend COVID-19 Loan Flexibilities - InfoSight Newsletter, Vol 14, Issue 40 (10/16/2020)
• PPP Interim Final Rule- Updated Application
• FinCEN Advisory on Unemployment Insurance Fraud
• CIP Exemption for Premium Finance Loans
• CFPB Issues FAQs on RESPA
• NCUA Webinar – Minority Depository Institutions and Financial Inclusion
• School-affiliated Credit Card Decline Continues
• CUNA Submits Comments on FinCEN BSA and CIP Regulations
• FCC Proposes Amendments to TCPA Regulations - InfoSight Newsletter, Vol 14, Issue 39 (10/9/2020)
• October is Cybersecurity Month!
• Ransomware advisories
• CFPB assessment of TRID disclosure rule
• Blanco Encourages Specificity in COVID-19-related SARs
• Global Credit Union Membership Grew 59% in 2010s to Surpass 291 Million
• FinCEN seeks comments on CDD and EDD requirements - InfoSight Newsletter, Vol 14, Issue 38 (10/2/2020)
• Field of Membership Expansion Updated
• Make a Plan to VOTE!
• NCUA Extends the Premium Finance Lending CIP Exemption to All CU Members
• Western Union refunds on the way
• Telecom firm to pay $1.9M for facilitating credit card relief scheme
• Amended Field of Membership Application Requirements for Combined Statistical Area and Core-Based Statistical Area
• CFPB Issues Summer Supervisory Highlights - InfoSight Newsletter, Vol 14, Issue 37 (09/25/2020)
• Blocked property report reminder
• CFPB to Extend Comment Period for Notice of Proposed Rulemaking on New Category of Qualified Mortgages
• FEMA suspends communities in AK, AZ, IA and WA
• FATF AML and Terrorist Financing report
• CFPB Settles with Auto Lender for Unfair Loss Damage Waiver Practices
• Recent NCUA News - InfoSight Newsletter, Vol 14, Issue 36 (09/18/2020)
• International Credit Union Day
• FinCEN Ending AML Exemption for Financial Institutions Without Federal Regulator
• NCUA: Second Streamlined CDFI Round Now Open
• CFPB Outlines Proposals for Small Business Lending Data
• States All Compliant with REAL ID
• Deutsche Bank settles OFAC violations
• ESIGN Modernization Markup, FHFA COVID-19 Hearing - InfoSight Newsletter, Vol 14, Issue 35 (09/11/2020)
• Never Forget…
• FTC Settlement Shutters Auto Dealer Group
• Guidance Issued to Implement Presidential Memorandum Deferring Certain Employee Social Security Tax Withholding
• Foundation Collaborates on State Level Response to Disasters
• An International Perspective on Financial Inclusion, Social Justice and Credit Union Regulatory Advocacy - InfoSight Newsletter, Vol 14, Issue 34 (09/04/2020)
• Keeping up With the Guidance!
• Remittance Transfer Providers Settle With CFPB
• Agencies Extend Comment Period on Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance
• CFPB Settles with Fifth Mortgage Company to Address Deceptive Loan Advertisements Sent to Servicemembers and Veterans
• FinCEN Reminder About SAR Confidentiality
• FTC and State of Wisconsin Warn Hearing Aid Sellers About Deceptive Stimulus Payment Claims
• CFPB Issues 2019 HMDA Data Report - InfoSight Newsletter, Vol 14, Issue 33 (08/28/2020)
• Don’t Miss an Important Date!
• CFPB Settles with Company Over False Loan Ads
• Statement on Due Diligence and PEPs
• CFPB posts 2021 HMDA FIG and Supplemental Guide
• TD Bank in $122M Settlement for OD Fee and FCRA Violations - InfoSight Newsletter, Vol 14, Issue 32 (08/21/2020)
• State by State Compliance Information and Resources
• Joint Statement on BSA/AML Enforcement
• Consumer Financial Protection Bureau Proposes New Category of Qualified Mortgages to Encourage Innovation and Access to Affordable Mortgage Credit
• OFAC Sanctions Ugandan Adoption Scammers
• Register Now for Back to School Financial Education Webinar on Aug. 27
• Fed Reports on Opportunities and Risks of Central Bank Digital Currencies - InfoSight Newsletter, Vol 14, Issue 31 (08/14/2020)
• InfoSight Topic Highlight: NEW! Complaint Management
• CFPB issues Small Dollar Lending Rule FAQs
• OFAC adds a dozen new designations
• Enforcement actions against Capital One
• Interactive Brokers to pay $38M for BSA/AML lapses
• HUD physical inspections to resume
• NCUA Issues Alert Regarding COVID-19 Fraud Schemes
• Compliance: MLA card fee spreadsheet updated for 2Q 2020
• IRS Waiver of 2020 Required Minimum distributions - InfoSight Newsletter, Vol 14, Issue 30 (08/07/2020)
• InfoSight Topic Highlight: Non-Traditional Mortgage Products
• NCUA Board approves membership rule changes and proposals
• FinCEN Advisory on cybercrime during pandemic
• Federal Financial Institutions Examination Council Issues Statement on Additional Loan Accommodations Related to COVID-19
• FinCEN Issues FAQs Regarding Customer Due Diligence Requirements
• CFPB Updates HMDA FAQs Related to Multiple Data Points
• Foundation Launches Free Disaster Recovery App for Credit Unions
• NCUA to host Export-Import bank for webinar on small business exporters
• NEW! WOCCU Advocacy Resources - InfoSight Newsletter, Vol 14, Issue 29 (07/31/2020)
• Where can you find what you are looking for?
• CFPB settles with mortgage companies
• FTC action bans robocallers who targeted seniors
• NCUA Issues Regulatory Alert (20-RA-06):
Treatment of Certain COVID-19-Related Loss Mitigation
Options Under the Real Estate Settlement Procedures Act
• Equifax Alternative Dispute Resolution Program
• CFPB requests input on creating inclusive fair credit environment - InfoSight Newsletter, Vol 14, Issue 28 (07/24/2020)
• What’s on your InfoSight Home Page?
• NCUA Updates 2020 Supervisory Priorities
• Court Rules in FTC’s Favor Against Student Debt Relief Scammers
• FinCEN alert on Twitter virtual currency scam
• CFPB Amendment to Regulation E - International Remittance Transfers (Effective 7/21/2020)
• Adding AML language to NDAA would improve AML/CFT framework
• CFPB issues annual Reg Z inflation adjustments - InfoSight Newsletter, Vol 14, Issue 27 (07/17/2020)
• Content Update
• Final rule on small dollar lending issued
• Amazon settles with OFAC
• Chinese entity and officials sanctioned
• Some outstanding EIP checks cancelled by IRS
• What is a Romance Scam??
• FTC Launches New Online Tool for Exploring Military Consumer Data - InfoSight Newsletter, Vol 14, Issue 26 (07/10/2020)
• July 1, 2020 Effective Date Reminders
• FinCEN guidance on due diligence for hemp-related customers
• FinCEN Issues Advisory on Imposter Scams and Money Mule Schemes Related to COVID-19
• Field of Membership – Rural Districts (Letters to Credit Unions)
• CFPB proposes EGRRCPA-required HPML escrow exemption
• OFAC Issues reminder to file Blocked Asset Report
• Agencies Release Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance
• Financial Regulators Issue Statement on Managing the LIBOR Transition - InfoSight Newsletter, Vol 14, Issue 25 (06/26/2020)
• Content Update - Remittance Transfers
• Upcoming Newsletter Schedule - No newsletter next week - Happy 4th of July!
• CFPB launches pilot advisory opinion program
• SBA Launches PPP Tool to Connect Small Businesses with Lenders
• CFPB updates Remittance Transfers compliance guide
• Important Technical Notice for Users of the OFAC Website and Sanctions List Data Files
• CFPB Issues Interpretive Rule on Method for Determining Underserved Areas - InfoSight Newsletter, Vol 14, Issue 24 (06/19/2020)
• New Video Resource added!
• CFPB issues CARES Act and Credit Reporting FAQs
• OFAC Sanctions Nigerians in Scams Targeting US Victims
• FTC COVID-19 complaint data expanded
• HMDA Reporting if the Threshold Changes: FAQ from CUNA - InfoSight Newsletter, Vol 14, Issue 23 (06/12/2020)
• Did you know?
• NCUA/EXIM Bank Partnership Will Help Credit Unions Support Small Businesses
• NCUA Letter to Credit Unions (20-CU-18) Prompt Corrective Action Regulatory Relief Measures in Response to the COVID-19 Pandemic
• CFPB issues TRID Fact Sheet and FAQs
• Reminder: MDI Mentoring Grant Application Deadline is June 30
• FFIEC statement on financial inclusion - InfoSight Newsletter, Vol 14, Issue 22 (06/5/2020)
• NEW TOPIC: Back to Work Best Practices
• FinCEN adjusts estimates of SAR costs
• NCUA BSA Webinar
• Agencies publish guidance on credit losses and risk review
• NCUA updates offsite examination and supervision approach - InfoSight Newsletter, Vol 14, Issue 21 (05/29/2020)
• NEW TOPIC: Remote Work - Telecommuting
• SBA Issues Updated Resources
• Federal Agencies Share Principles for Offering Responsible Small-Dollar Loans
• Labor Department approves electronic disclosures of pension plans
• NCUA’s Hood Writes to FCC Regarding Third-Party Petition on Automated Calls
• CFPB Updates Small Entity Compliance Guide
• Reminder: Streamlined CDFI Application Round Ends May 31 - InfoSight Newsletter, Vol 14, Issue 20 (05/22/2020)
• Regulation D Interim Rule FAQs
• SBA, Treasury Release PPP Loan Forgiveness Application
• NCUA Launches Culture, Diversity, and Inclusion Council
• CFPB statement on responsibility during pandemic
• Treasury Delivering EIP Payments by Prepaid Debit Card
• FHFA Announces Payment Deferral as New Repayment Option for Homeowners in COVID-19 Forbearance Plans
• FinCEN Advisory on COVID-19 Medical Scams - InfoSight Newsletter, Vol 14, Issue 19 (05/15/2020)
• New COVID-19 Channel!
• IRS proposes regs for estates and trusts
• Bureau Compliance Aid on ECOA and PPP applications
• CFPB HMDA revisions published in Federal Register
• Interagency issuances on credit losses and risk review
• CFPB, FHFA, & HUD LAUNCH JOINT MORTGAGE AND HOUSING ASSISTANCE WEBSITE FOR AMERICANS IMPACTED BY COVID-19
• NCUA Changes Low-Income Designation to Include Military Personnel in Calculation
• Bureau issues final Remittance Transfers Rule amendments - InfoSight Newsletter, Vol 14, Issue 18 (05/08/2020)
• Truth in Lending, Central Liquidity Facility, Pandemic Preparedness
• NCUA Outreach Related to COVID-19 Impact
• NCUA seeks CECL exemption
• SBA adds to PPP FAQs
• FFIEC Issues Statement on Risk Management for Cloud Computing Services
• New IRS guidance on tax impact of PPP loan forgiveness
• The IRS Answers COVID-19 Related IRA Questions
• CFPB posts ECOA appraisal factsheets and FAQ
• Bureau updates COVID-19 stimulus relief guide - InfoSight Newsletter, Vol 14, Issue 17 (05/01/2020)
• Reserve Requirements – Regulation D Update
• Fed ends Savings '6 per Month' Limits
• Regulatory Treatment for Paycheck Protection Program Loans - Letter to Credit Unions (20-CU-11)
• NCUA’s Harper: Credit Unions Are Strong, but COVID-19 Presents Challenges
• NCUA: Mentoring Grants Available to Help MDIs
• Credit card money launderer pays $6.75M - InfoSight Newsletter, Vol 14, Issue 16 (04/24/2020)
• HMDA Update
• NCUA issues temp rule to assist CUs
• Contact OFAC regarding deadline delays due to COVID-19
• Final rule raising data reporting thresholds under HMDA
• New FFIEC calculation tools announced
• FFIEC updates BSA/AML Exam Manual - InfoSight Newsletter, Vol 14, Issue 15 (04/17/2020)
• Pandemic Resources
• Federal Banking Agencies to Defer Appraisals and Evaluations for Real Estate Transactions Affected by COVID-19
• NACHA Publishes Pandemic-Related Frequently Asked Questions
• FinCEN mirrors SBA PPP FAQs on Beneficial Ownership
• CFPB Publishes Guide to Economic Stimulus Relief Payments
• NCUA Increases Coronavirus Assistance to Credit Unions
• NCUA Concerns over Cybersecurity and Remote Work
• Russian white supremacist group and leaders designated - InfoSight Newsletter, Vol 14, Issue 14 (04/10/2020)
• Pandemic Resources
• FINCen Provides Further Information to Financial Institutions in Response to the Coronavirus Disease 2019 (COVID-19) Pandemic
• NCUA Provides Letter (20-CU-06) - Small Business Administration Loan Programs to Help Small Businesses and Members During the COVID-19 Pandemic
• NCUA Provides Letter (20-CU-07) – Summary of the Coronavirus Aid, Relief, and Economic Security (CARES) Act
• Temporary rule under FFCRA published
• PPP information for lenders
• Agencies encourage mortgage services to work with homeowners - InfoSight Newsletter, Vol 14, Issue 13 (04/03/2020)
• Pandemic Preparedness
• NCUA Issues Guidance Regarding Exams During COVID-19
• CFPB Offers Flexibility to Financial Companies
• Regulators encourage making small-dollar loans in response to COVID-19
• IRA and HSA/MSA deadlines extended to July 15 - InfoSight Newsletter, Vol 14, Issue 12 (03/27/2020)
• NEW: Pandemic Preparedness
• Urgent Needs Grants Available for Credit Unions Affected By COVID-19
• NCUA Letter to Credit Unions Addresses Annual Meetings
• CFPB Publishes COVID-19 Resources - InfoSight Newsletter, Vol 14, Issue 11 (03/20/2020)
• NEW: Sample Telecommuting Policy
• FinCEN urges communication of concerns related to COVID-19
• ACH Operations Bulletin #2-2020: Nacha Issues Reminder on ACH Responsibilities to Financial institutions Potentially Impacted by Coronavirus
• NCUA Issues Letter to Credit Unions and Frequently Asked Questions on COVID-19
• CFPB Publishes Updated HMDA FAQ - InfoSight Newsletter, Vol 14, Issue 10 (03/13/2020)
• InfoSight tips!- Creating Quick Links
• Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus
• CFPB Files Suit Against Fifth Third Bank for Unauthorized Accounts
• FinCEN fines former U.S. Bank official
• CFPB Announces Steps to Prevent Consumer Harm
• FATF guidance on Digital IDs - InfoSight Newsletter, Vol 14, Issue 9 (03/6/2020)
• Pandemic Awareness Update
• Military Lending Act Clarity
• Military Lending Act/Servicemembers Civil Relief Act Channel Updates - InfoSight Newsletter, Vol 14, Issue 8 (02/28/2020)
• Compliance Updates- New Training Videos!
• CFPB and Two States Sue Loan Brokers
• FTC issues ECOA report
• February Meeting of the NCUA Board
• CFPB Issues Notice of Proposed Rulemaking on Time-Barred Debt Disclosures - InfoSight Newsletter, Vol 14, Issue 7 (02/21/2020)
• Compliance Updates- Setting Update Preferences
• FinCEN Making More Changes to CTR Filing Instructions
• CFPB Conducting TRID Assessment Industry Surveys
• What are “Trusted Identities”? - InfoSight Newsletter, Vol 14, Issue 6 (02/14/2020)
• Compliance Updates- Expedited Funds Availability Act - Regulation CC
• Compliance Highlights
• CUNA Experiences “Cyber Incident”
• Kraninger signals CFPB plans to Lending Rules - InfoSight Newsletter, Vol 14, Issue 5 (02/07/2020)
• New InfoSight Video
• Compliance Updates- Mortgage Servicing
• Credit Unions Agree to Late-Filing Penalties for 2nd Quarter of 2019
• New York bank pays for flood insurance violations
• Bureau sues Citizens Bank, N.A.
• CFPB clarifies stance on 'abusiveness' standard - InfoSight Newsletter, Vol 14, Issue 4 (01/31/2020)
• Compliance Updates- Membership Expulsion and/or Service Limitation
• IRS Issues Clarification on RMD Statements
• Highlights from the January NCUA Board Meeting
• CFPB Policy Statement on ‘Compliance Aids’ - InfoSight Newsletter, Vol 14, Issue 3 (01/24/2020)
• Compliance Updates- Ability to Repay
• FAQ Regarding new IRA Rules Under the SECURE Act
• OCC Levels $18 Million Flood Act Penalty - InfoSight Newsletter, Vol 14, Issue 2 (01/17/2020)
• Compliance Updates- Home Mortgage Disclosure Act (HMDA
• Compliance Connection Videos
• NCUA Priorities for 2020 – more info!
• IRS Issues Final Rule on Foreign IDs on W-8BENs
• Proposed Regulations Needing Comments: - InfoSight Newsletter, Vol 14, Issue 1 (01/10/2020)
• Happy New Year!
• Compliance Connection Video
• NCUA Priorities for 2020
• IRS Mileage Rates for 2020
• SECURE Act changing the IRA rules
• FinCEN updated SAR data maps available
• Card and ACH payments continue to increase
• Australia Credit Unions Offering Brushfire-Related Assistance
• Treasury and IRS propose rule on misdirected refunds
• Proposed Regulations Needing Comments
Template Newsletter
- 2021 Newsletter Template
• InfoSight FAQs (Continued!)
• Biden Administration Takes Steps to Promote Equitable Access to SBA Relief
• Bureau and States Sue Libre For Predatory Immigrant Scam
• March 1 Begins National Consumer Protection Week
• Joint-ownership Share Account Coverage Rule