Regulatory Hot Topics 2023

Regulatory Hot Topics for 2023

The following Regulatory Hot Topics for 2023 may apply to your bank, credit union, fintech company, or other financial institution. These were issued by the FDIC, Federal Reserve, OCC, and other federal regulatory agencies, resulting in revisions to one or more of our products. Select any agency tab below to view detailed information on each regulatory release and the corresponding product update.

NOTE: Regulatory release dates reflect the year the guidance was issued, not its effective date.

CFPB FDIC Federal Reserve FFIEC FinCEN FTC Joint Release NIST OCC OFAC SBA SEC

CFPB

Adverse Action Notification Requirements and the Proper Use of the CFPB’s Sample Forms Provided in Regulation B

UPDATE

Regulation B Policy

Agency Contact Information; Technical Corrections

UPDATE

Fair Credit Reporting Act Summary of Consumer Rights Form

Final Rule

UPDATE

Fair Credit Reporting Act Summary of Consumer Rights Form

Policy Statement on Abusive Acts or Practices

UPDATE

UDAAP Policy

Reopening Deposit Accounts That Consumers Previously Closed

UPDATE

UDAAP Policy

Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)

UPDATE

Regulation B Policy

Unfair Billing and Collection Practices After Bankruptcy Discharges of Certain Student Loan Debts

UPDATE

Unfair, Deceptive, or Abusive Acts or Practices Policy

Unlawful Negative Option Marketing Practices

UPDATE

Unfair, Deceptive, or Abusive Acts or Practices Policy

FDIC

Advisory: Managing Commercial Real Estate Loan Concentrations in a Challenging Economic Environment

UPDATES

Commercial Real Estate Loan Policy
Concentrations of Credit Policy

Fair Hiring in Banking Act Amends Section 19 of the Federal Deposit Insurance Act

UPDATES

Federal Deposit Insurance Act Section 19 Policy
Human Resources General Policy

Fair Housing Rule, Consumer Protection in Sales of Insurance Rule; Technical Correction

UPDATES

Fair Housing Act Policy
Marketing Plan and Program Policy

FDIC Clarifying Supervisory Approach Regarding Supervisory Guidance on Multiple Re-Presentment NSF Fees

UPDATE

Overdraft Policy

FDIC Official Signs and Advertising Requirements, False Advertising, Misrepresentations of Insured Status, and Misuse of the FDIC’s Name or Logo

UPDATE

FDIC Advertising Policy
Marketing Plan and Program Policy Template

FDIC Updates Equal Housing Lender Posters

UPDATES

Fair Housing Act Policy
Marketing Plan and Program Policy

Revised Risk Management Manual of Examination Policies

UPDATE

Other Real Estate Owned Policy

Supervisory Guidance on Charging Overdraft Fees for Authorize Positive, Settle Negative Transactions

UPDATES

Consumer Loan Policy
Overdraft Policy

Federal Reserve

Federal Reserve Board Announces Annual Indexing of Reserve Requirement Exemption Amount and Low Reserve Tranche for 2024

UPDATE

Regulation D Policy

Federal Reserve Board Finalizes a Rule Establishing Capital Requirements for Insurers Supervised by the Board

UPDATES

Capital Policy for Significant Insurance Activities
Capital Planning Program Policy
Corporate Governance Policy

Regulation A: Extensions of Credit by Federal Reserve Bank

UPDATE

Regulation A Policy

Regulation A: Extensions of Credit by Federal Reserve Bank

UPDATE

Regulation A Policy

Regulation A: Extensions of Credit by Federal Reserve Bank

UPDATE

Regulation A Policy

Regulation A: Extensions of Credit by Federal Reserve Bank

UPDATE

Regulation A Policy

Regulation A: Extensions of Credit by Federal Reserve Bank

UPDATE

Regulation A Policy

Regulation D: Reserve Requirements of Financial Institutions

UPDATE

Regulation D Policy

Regulation D: Reserve Requirements of Financial Institutions

UPDATE

Regulation D Policy

Regulation D: Reserve Requirements of Financial Institutions

UPDATE

Regulation D Policy

Regulation D: Reserve Requirements of Financial Institutions

UPDATE

Regulation D Policy

FFIEC

FinCEN

Beneficial Ownership Information Access and Safeguards

UPDATES

Bank Secrecy Act Policy - Comprehensive Version
Customer Identification Program Policy

Business Email Compromise in the Real Estate Sector: Threat Pattern and Trend Information, January 2020 to December 2021

UPDATE

BSA Suspicious Activity Report Notices Form

FBAR Filing Requirement for Certain Financial Professionals: Extended Filing Date Related to Notice 2022-1

UPDATE

Bank Secrecy Act Policy - Comprehensive Version

FinCEN Alert on COVID-19 Employee Retention Credit Fraud

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Alert on Human Smuggling Along the Southwest Border of the United States

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Alert on Potential U.S. Commercial Real Estate Investments by Sanctioned Russian Elites, Oligarchs, and Their Proxies

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Alert on Prevalent Virtual Currency Investment Scam Commonly Known as Pig Butchering

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Alert to Financial Institutions to Counter Financing to Hamas and its Terrorist Activities

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN and the U.S. Department of Commerce’s Bureau of Industry and Security Announce New Reporting Key Term and Highlight Red Flags Relating to Global Evasion of U.S. Export Controls

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Calls Attention to Payroll Tax Evasion and Workers’ Compensation Fraud in the Construction Sector

UPDATE

BSA Suspicious Activity Report Notices Form

FinCEN Extends Deadline for Companies Created or Registered in 2024 to File Beneficial Ownership Information Reports

UPDATES

Bank Secrecy Act Policy - Comprehensive
Customer Identification Program Policy

FinCEN Finalizes Rule on Use of FinCEN Identifiers in Beneficial Ownership Information Reporting

UPDATES

Bank Secrecy Act Policy - Comprehensive
Customer Identification Program Policy

Supplement Alert: FinCEN and the U.S. Department of Commerce’s Bureau of Industry and Security Urge Continued Vigilance for Potential Russian Export Control Evasion Attempts

UPDATE

BSA Suspicious Activity Report Notices Form

FTC

Joint Release

Agencies Issue Final Rule to Strengthen and Modernize Community Reinvestment Act Regulations

UPDATE

Community Reinvestment Act Policy

Agencies Finalize Policy Statement on Commercial Real Estate Loan Accommodations and Workouts

UPDATES

Commercial Real Estate Loan Policy
Non-Accrual and Charged-Off Loan Policy
Loan Workout Policy

Agencies Issue Final Guidance on Third-Party Risk Management

UPDATES

Financial Technology Company Providers Policy
Foreign Service Providers Policy
Independent Consultant Policy
Managed Security Service Providers Policy
Third-Party Payment Processors Policy
Vendor Management Program Policy

Agencies Update Guidance on Liquidity Risks and Contingency Planning

UPDATE

Asset, Liability and Liquidity Management Policy

Interagency Policy Statement on Allowances for Credit Losses (Revised April 2023)

UPDATE

Current Expected Credit Losses Policy

Joint Final Rule: Technical Amendment

UPDATE

Community Reinvestment Act Policy

Joint Statement on Crypto-Asset Risks to Banking Organizations

UPDATE

Cryptocurrency Policy