Compliance Action, Volume 26, Number 4

Regulation
Commenting on Regulatory Proposals (7 Action Steps)

By Nancy Castiglione, CRCM

Regulators rely on the feedback of industry stakeholders via comments on regulatory proposals. Recognizing the need to improve the federal regulatory comment process, ACUS recently issued a series of recommendations for an improved regulatory comment process.

Internal Controls
Taking a Second Look (6 Action Steps)

By Nancy Castiglione, CRCM

Having a second review or second look program in place serves as an important internal control function.

Action Training
Signage and Notice Addresses

By Nancy Castiglione, CRCM

The OCC has updated notice of address and contact information for some of its regulatory notices and signage.

Compliance Calendar

Editorial
Go or No-Go Scenario Planning

By Nancy Castiglione, CRCM

In today's evolving regulatory environment, when planning to implement a new regulation, it is equally important to incorporate a no-go (or rescission) scenario.

Compliance Notes

• CFPB Expands Collect System for Credit Card Agreement Submissions
• Juneteenth Guidance from CFPB
• Using Rental Payment History to Qualify for Credit
• OCC True Lender Rule Revoked

Questions & Answers

• Regulation E initial disclosure requirement
• What is the scoop on the Safe Banking Act?
• Does a strictly "no pets" rental policy violate the Fair Housing Act or the Americans with Disabilities Act?

Compliance Online
Equal Housing Opportunity Logos