SIPPS

Outline of Proposals and Alternatives Under Consideration for SBREFA: Required Rulemaking on Personal Financial Data Rights

High Level Summary and Discussion Guide of Outline of Proposals and Alternatives Under Consideration for SBREFA: Required Rulemaking on Personal Financial Data Rights Section 1033(a) of the Dodd Frank Act...

Appraisal Subcommittee; Appraiser Regulation; Temporary Waiver Requests 

Final Rule Summary: Appraisal Subcommittee; Appraiser Regulation; Temporary Waiver Requests  NASCUS Legislative and Regulatory Affairs Department November 21, 2022 The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council...

Unanticipated Overdraft Fee Assessment Practices

Summary re: CFPB Consumer Financial Protection Circular 2022-06: Unanticipated Overdraft Fee Assessment Practices 12 CFR Chapter X The Consumer Financial Protection Bureau (CFPB) has issued Consumer Financial Protection Circular 2022-06,...

CISA Guidance Summary: Implementing Phishing-Resistant MFA—Implementing Number Matching in MFA Applications

CISA Guidance Summary: Implementing Phishing-Resistant MFA — Implementing Number Matching in MFA Applications NASCUS Legislative and Regulatory Affairs Department November 10, 2022  The Cybersecurity & Infrastructure Security Agency (CISA), a subordinate...

CFPB Notice and Request for Comment Regarding the CFPB’s Inquiry Into Big Tech Payment Platforms

Summary re: CFPB Notice and Request for Comment Regarding the CFPB’s Inquiry Into Big Tech Payment Platforms The Bureau ordered six large technology companies operating payments systems in the United...

Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices

Summary re: CFPB Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices   12 CFR Chapter X  A returned deposited item is a check that a consumer deposits into their checking...

Advisory Opinion on Fair Credit Reporting; Facially False Data

CFPB Summary re: Advisory Opinion on Fair Credit Reporting; Facially False Data 12 CFR Part 1022 The Consumer Financial Protection Bureau (CFPB) issued this advisory opinion to highlight that a...

Final Rule: Beneficial Ownership Information Reporting Requirements

Final Rule Summary FinCEN: Beneficial Ownership Information Reporting Requirements NASCUS Legislative and Regulatory Affairs Department October 31, 2022 On September 30, 2022, the Financial Crimes Enforcement Network (FinCEN), issued a...

Debit Card Interchange Fees and Routing

Rule Summary: FRB 12 CFR Part 235; Regulation II; Debit Card Interchange Fees and Routing NASCUS Legislative and Regulatory Affairs Department November 1, 2022 The Board of Governors adopted a final...

Federal Insurance Response to Catastrophic Cyber Incidents

Treasury Request for Comment Summary: Federal Insurance Response to Catastrophic Cyber Incidents In response to a Government Accountability Office report, the Federal Insurance Office in the Department of Treasury issued...

Request for Information on the Cyber Incident Reporting for Critical Infrastructure Act of 2022

Summary re: Department of Homeland Security’s Request for Information on the Cyber Incident Reporting for Critical Infrastructure Act of 2022 CISA issued a Request for Information to receive input from...