News for Monday, September 01, 2014
Monday, August 25, 2014
In case you have forgotten, the Federal regulators want to remind you that UDAAP is their strongest weapon. In an August 22, 2014 Interagency Guidance, the regulators indicate that they are repealing the FTC Credit Practices Rule as it applies to financial institutions (as required by Dodd Frank).
Thursday, August 21, 2014
The KBA has added a number of Online Communities to its website.
Tuesday, August 19, 2014
In a speech to military banks this week, Deputy Comptroller Grovetta Gardineer indicated that the OCC has adopted a policy of enhanced examination of compliance with the Servicemembers Civil Relief Act.
Wednesday, August 13, 2014
The SBS Institute has partnered with the KBA to offer Community Bank specific certification programs.
Wednesday, August 06, 2014
You may have heard that the Intercontinental Exchange has raised the license fee associated with LIBOR to $16,000 for use by one currency financial institutions. This caused shockwaves throughout the US, where LIBOR is commonly used as tool for pricing loans.
Friday, August 01, 2014
The KBA met with the Department of Revenue and discussed many of the issues banks are experiencing as a result of recent DOR audits.