Compliance Action, Volume 26, Number 10

HUMDA
Home Mortgage Disclosure Act

By Nancy Castiglione, CRCM

In case you missed it, a historical HMDA reporting change went into effect that has a major impact on affected institutions that are now subject to HMDA.

ETHICS
Dust Off the Ol’ Code of Ethics (5 Action Steps)

By Nancy Castiglione, CRCM

Why is a Code of Ethics an essential policy for every institution? Because it sets a clear standard of behavior for organizations that are increasingly becoming more diverse - and because regulators expect us to have one.

The Paperwork Reduction Act of 1995

By Nancy Castiglione, CRCM

While the Paperwork Reduction Act (PRA) generally doesn't fall under the purview of compliance monitoring, it has does have a significant effect on all regulations that compliance officers manage.

Action Training
Training on Your Code of Ethics

By Nancy Castiglione, CRCM

Once you dust off and review your institution's Code of Ethics policy, use it as a handout and basic outline for your ethics training.

Compliance Calendar

Editorial
Paperwork Reduction Act

By Nancy Castiglione, CRCM

While Paperwork Reduction Act notices are required under Federal law for most government collections of information, the process may not be as effective in controlling regulatory paperwork burden as some of us would like.

Compliance Notes

• OCC Process Relating to State CRA Laws and Complaints
• FVA Amends Regulations Affecting Reporting of VA Debts to Consumer Reporting Agencies
• Bureau Amends its Rules of Practice for Adjudication Proceedings
• Bureau Issues Bulletin on Student Loan Servicer Responsibilities
• EEOC Updates Penalty for Violation of Notice Posting Requirement
• Special Purpose Credit Programs Interagency Statement
• Bureau Issues EFT Compulsory Use Compliance Bulletin

Compliance Online
Bank Bribery Act