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Compliance Action, Volume 23, Number 12

April 19, 2019

Fair Lending
Murky Issues

by Lucy H. Griffin, Esq.

Fair Lending is one of those pesky compliance issues. No matter what the facts, the answer often depends on how you look at them. How to look at and evaluate a particular situation begins with the appropriate questions.

OCC Reminds National Banks About Confidentiality of Examination Reports and CAMELS Rating

by Nancy Castiglione

The Office of the Comptroller of the Currency issued a Bulletin on March 25, 2019 reminding national banks and federal savings associations that they are required to keep nonpublic OCC information, such as examination reports and CAMELS ratings confidential, and are prohibited by regulation from disclosing such information without prior approval of the OCC.

Action Training
What Is An APR?

by Lucy H. Griffin, Esq.

The calculations may be complex and murky to most people, bankers must be able to explain the concept to their customers.

Fair Lending
Understand Where Your Data and Programs Meet to Control Risk

by Karen Cullen

In mid-March the Office of the Comptroller of the Currency (OCC) announced a consent order for an institution's failure to ensure adequate risk management of a relationship pricing program. Add in the OCC civil money penalty of twenty-five million dollars ($25,000,000) and the failure of fair lending risk management was a costly mistake.

FDIC Pulls the Plug on the Financial Disclosure Rule

by Nancy Castiglione

The FDIC has finally joined the OCC and the Federal Reserve Board in eliminating the “Disclosure of Financial and Other Information Rule.”

Compliance Calendar

In the Editor's Opinion
When Things Are Slow

by Lucy H. Griffin, Esq.

Not that compliance is ever slow but...

Editorial Change
Welcome aboard, Nancy!

We are thrilled to announce that Nancy Derr-Castiglione, CRCM, is the new editor of Compliance Action.

Compliance Q & A

Compliance Online
A day/month for everything

by Nancy Castiglione

April is National Fair Housing Month and National Financial Literacy Month.

Nancy Castiglione
Editor Emeritus:
Lucy H. Griffin, Esq
Board of Advisors:
John S. Byrne, Esq.
Cliff E. Cook
David Dickinson
Julie A. Gliha
Carl G. Pry
Susan A. Rich
Robert G. Rowe, III, Esq.
Meg Sczyrba
Andy Zavoina

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