Compliance Action, Volume 17, Number 15

TILA and RESPA: One Way to Fix the Problem (3 Action Steps)

By Lucy Griffin

Whether new and proposed solutions to improve disclosures will solve problems or have the reverse effect remains open to debate. But one thing they are doing is adding to regulatory burden.

New Z Requirements: Not on January 21, 2013 (4 Action Steps)

By Lucy Griffin

The CFPB has ruled that certain new statutory disclosure requirements imposed by the Dodd-Frank Act will be delayed until the agency issues final rules implementing the provisions.

Action Audit
Where Did It Come From; Where Did it Go? (Chart)

By Lucy Griffin

Provisions to existing law and regulation have been swept up in the changes to consumer financial protection laws introduced in The Dodd-Frank Act. These provisions exist in both the Dodd-Frank Act and in the law they modify or revise.

Compliance Notes

• 2013 Exemption Levels for M and Z
• Paperwork and CTRs
• HOEPA Calculations
• OCC's BSA Risk Assessment
• Flood Online
• NCUA's PAL Loans

Compliance Calendar

In the Editor's Opinion
Recognizing Deception

By Lucy Griffin

Recognizing deception or unfairness is easy in hindsight. The UDAAP challenge is to spot deception or unfairness before the message goes out the door.

Compliance Q & A

• Adverse Notices for Business Loans
• Consumer vs Business Debit Cards
• Updating Account Agreements

FDIC's New Violation Classifications

The FDIC's newly revised classification system for citing violations identified in compliance examination will provide more consistency and clarity with respect to the severity of the violations.