Compliance Guide


CSBS Releases BSA/AML Self-Assessment Tool

February 7 – State regulators have released a new, voluntary tool to help banks and non-depository financial institutions better manage Bank Secrecy Act/Anti-money laundering risk. (more…)

Fed Removes ‘Large and Non-complex Firms’ From Qualitative Assessment

January 30 – The Federal Reserve Board finalized a rule adjusting its capital plan and stress-testing rules, effective for the 2017 cycle. The final rule removes large and noncomplex firms from the qualitative assessment of the Federal Reserve’s Comprehensive Capital Analysis and Review, reducing significant burden on these firms and focusing the qualitative review in CCAR on the largest, most complex financial institutions.


Regulators Increase Asset-Size Threshold Definitions Under CRA

December 29 – Federal bank regulatory agencies announced adjustments to the asset-size thresholds used to define small bank, small savings association, intermediate small bank and intermediate small savings association under the Community Reinvestment Act regulations. (more…)

OCC Eases Regulatory Requirements in Final Rule

January 3 – The Office of the Comptroller of the Currency has released a final rule that removes outdated or unnecessary provisions of certain rules to reduce regulatory burden on national banks and federal savings associations. (more…)

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