Compliance Action, Volume 25, Number 11

Pandemic
COVID-Caused Suspicious Activity

By Nancy Castiglione, CRCM

FinCEN has issued multiple COVID-related advisories and notices that are mainstays of anti-money laundering compliance monitoring, maybe with a slightly new twist.

Action Training
Changing Terms on Consumer Deposit Accounts

By Nancy Castiglione, CRCM

When changing terms on existing products and services, it is important to implement a compliance plan to address the regulatory requirements for consumer notifications and fulfillment.

CFPB
Sex Discrimination to Include Sexual Orientation and Gender Identity

By Nancy Castiglione, CRCM

The ECOA and Regulation B prohibit discrimination on the basis of sex. The CFPB announced an Interpretive Rule that makes it clear that the prohibited basis of sex includes sexual orientation and gender identity as well as gender.

Compliance Calendar

Editorial
Risk Assessing a Yo-yo

By Nancy Castiglione, CRCM

Keeping up with current policy and regulation changes in today's changing regulatory environment is like risk accessing a yo-yo.

Compliance Notes

• CFPB Renews Community Bank Advisory Council
• NCUA Adopts Interim Rule on Asset Thresholds
• HUD Memorandum on Enforcement of Fair Housing Act to Include Gender Identity and Sexual Orientation

Questions & Answers

• Facebook: A Chance to Win
• URLA for a Non-HMDA Reporter
• RESPA & Employee Compensation Program for Mortgage Referrals

Compliance Online
Cannabis Job Aid