2021 Updates, Summaries, Proposed Rules, and Comment Letters from a network of agencies, including the Financial Crimes Enforcement Network (FinCEN), Treasury, FDIC, FFIEC, the Federal Reserve and more.
June 21, 2021 – The Federal Financial Institutions Examination Council (FFIEC) today released updates to four sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (Manual). Today’s updates affect the following Manual sections:
- International Transportation of Currency or Monetary Instruments Reporting (PDF)
- Purchase and Sale of Monetary Instruments Recordkeeping (PDF)
- Reports of Foreign Financial Accounts (PDF)
- Special Measures (PDF)
The updates should not be interpreted as new instructions or increased focus on certain areas; instead, they offer further transparency into the examination process and support risk-focused examination work. View the entire press release
FFIEC Announces Availability of 2020 Data on Mortgage Lending
June 17, 2021 – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2020 mortgage lending transactions at 4,475 U.S. financial institutions reported under the Home Mortgage Disclosure Act (HMDA). Covered institutions include banks, savings associations, credit unions, and mortgage companies.
The HMDA data are the most comprehensive publicly available information on mortgage market activity. They are used by industry, consumer groups, regulators, and others to assess potential fair lending risks and for other purposes.