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Compliance Management - Banking Exchange
The financial services industry would be wise to take notice
Recent bank law developments are causing fragmentation of the banking system, OCC says
A coalition of associations have claimed the proposal infringes on personal privacy rights
The proposed rules would remove automatic bank merger approvals
The BPI and ABA also released a statement saying the “changes would inflict serious harm”
President and CEO Rob Nichols said proposed rules threaten affordable deposit account products
The associations argued the CFPB’s proposal does not go far enough
The banking organizations wrote to the CFPB about the proposed redefinition of digital assets
The bank said it “respectfully disagrees” with the decision
The CFPB has levied the fine for failing to collect information on some mortgage applications
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