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Compliance

The proposals will impact the relationship between large banks and minority depository institutions, says the association
The associations argued the CFPB’s proposal does not go far enough
Federal Reserve Governor Michelle Bowman stressed the importance of tailoring banking regulations to institutional size to avoid adverse incentives
The banking organizations wrote to the CFPB about the proposed redefinition of digital assets
The regulator also published guidance on ‘Buy Now, Pay Later’ lending
The bank said it “respectfully disagrees” with the decision
The ABA and ICBA have praised Congress’ decision to nullify the rule
Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action
The CFPB has levied the fine for failing to collect information on some mortgage applications
The deadline has been extended until January 16, 2024
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Rachel Lewis of Stock Yards Bank

As part of the Banking Exchange Interview Series we and SkyStem are proud to present our interview with Rachel Lewis, Assistant Controller at Stock Yards Bank & Trust.

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