Links in “Agencies”
- CFPB: The Consumerâs Champion
Richard Cordray spoke at Operation HOPE on Friday, focusing on the importance for consumers to educate themselves regarding financial matters and pressing the need for consumers to report any mistreatment to the CFPB. [1/19/15]
- DÅmo ArigatÅ, Mr. Roboto
If you were a victim of the Robocall scheme, donât worry: a reimbursement check for $42.95 is in the mail! [1/19/15]
- OCC Rolls Out Its Enforcement Actions
It almost seems like this happens every month⦠[1/19/15]
- What Two Things You’re Probably Doing Right Now at Your Desk That You Should Stop…
...According to cybersecurity expert Jay Ranade. Could something so simple really help? Find out in Risk Watch 45, the latest addition to our web series. [1/16/15]
- Bring Your Regulatory Burdens to Dallas
OCC, the Fed, and the FDIC are hosting their next outreach session on their efforts to reduce the regulatory burden on Feb. 4 in Dallas. Got anything you want to share with them? [1/16/15]
- Consumers’ Hero Becoming Institutions’ Bully?
More and more financial institutions are faced with allegations and inquiries from the CFPB of unfair practices. While a case can be made for quietly settling such allegations outside of court, some feel it may be time to push back. [1/16/15]
- NCUA Steps Up, Agrees to Pay $50K
After the recent data mishap involving a lost thumb drive, the NCUA Board has approved payment of costs associated with the Palm Springs FCU data breach (up to $50,000). The NCUA is also taking additional steps to continually improve training and procedures to avoid such scenarios in the future. [1/16/15]
- CFPB Stresses Shopping
Continuing the recent attention it has given to shopping for mortgages, the CFPB has created a five-step consumer guide to "navigate the market, ask the questions, and take the steps that will help" consumers in finding the best mortgage possible. [1/16/15]
- Two Comptroller Handbook Booklets Get Overhauled
The OCC has been busy with revisions to the Comptroller's Handbook with new replacements for the "Conflicts of Interest" and "Retail Nondeposit Investment Products" booklets. If your institution offers asset management services, better take a look here. If retail nondeposit investment products are more up your alley, go here. [1/15/15]
- More EGRPRA Please!
The FRB, FDIC, and OCC announced additional outreach meetings as part of the EGRPRA. The meetings will provide an opportunity for people to present their views on the 12 categories that started the EGRPRA public comment process. [1/15/15]
