The Federal Reserve Board is seeking comments on a proposed rule change and amendments that will affect the electronic collection of checks and funds.
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The Consumer Financial Protection Bureau Request for Information on the CFPB's consumer complaint reporting and publication practices was published in the Federal Register.
The Alternative Reference Rates Committee outlined a plan to transition market reliance away from LIBOR, recommended the Secured Overnight Financing Rate as an alternative, and presented a plan to implement the new rate by 2021.
The U.S. Department of the Treasury Office of Foreign Assets Control toughened sanctions against North Korea. The new regulations implement three executive orders, clarify and improve regulatory guidance, and update certain requirements.
FFIEC revised a compliance resource intended to help financial institutions comply with the reporting requirements of the Home Mortgage Disclosure Act final rule.