Summaries
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FinCEN Issues Compliance Guide to Help Small Business Report Beneficial Ownership Information
FinCEN Issues Compliance Guide to Help Small Business Report Beneficial Ownership Information NASCUS Legislative and Regulatory Affairs Department September 22, 2023 As the January 1, 2024 compliance deadline looms, FinCEN... -
FinCEN Alert on Prevalent Virtual Currency Investment Scam Commonly Known as “Pig Butchering”
FinCEN Alert on Prevalent Virtual Currency Investment Scam Commonly Known as “Pig Butchering” FIN-2023-Alert005 NASCUS Legislative and Regulatory Affairs Department September 11, 2023 On September 8, 2023, FinCEN issued an... -
Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations
Proposed Interagency Guidance with Request for Comment Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations NASCUS Legislative and Regulatory Affairs Department July 25, 2023 On July 21,... -
Multi-Agency Summary: Quality Control Standards for Automated Valuation Models
Notice of Proposed Rulemaking and Request for Comment Agencies: Quality Control Standards for Automated Valuation Models NASCUS Legislative and Regulatory Affairs Department June 15, 2023 On June 1, 2023, the... -
Summary: NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology
Summary of NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology NASCUS Legislative and Regulatory Affairs Department June 26, 2023 The National Credit Union Administration (NCUA)... -
Summary: U.S. Department of Treasury De-Risking Strategy Report
U.S. Department of Treasury De-Risking Strategy Report NASCUS Legislative and Regulatory Affairs Department May 31, 2023 Background Section 6215 of the Anti-Money Laundering Act of 2020 (AMLA) requires the Department... -
U.S. Department of Treasury Illicit Finance Risk Assessment of Decentralized Finance
Summary U.S. Department of Treasury: Illicit Finance Risk Assessment of Decentralized Finance NASCUS Legislative and Regulatory Affairs Department May 31, 2023 Background On April 6, 2023, the US Department of... -
Federal Reserve: Regulation D – Reserve Requirements of Depository Institutions
Final Rule Summary Federal Reserve: Regulation D – Reserve Requirements of Depository Institutions NASCUS Legislative and Regulatory Affairs Department January 17, 2023 The Board of Governors of the Federal Reserve... -
FinCEN: Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities
Notice of Proposed Rulemaking and Request for Comment FinCEN: Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities NASCUS Legislative and Regulatory Affairs Department January 13,... -
Federal Reserve/FDIC/OCC: Joint Statement on Crypto-Asset Risks to Banking Organizations
Federal Reserve/FDIC/OCC Joint Statement on Crypto-Asset Risks to Banking Organizations Summary January 8, 2023 The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation... -
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... -
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...