Thursday, May 19, 2022

oklabankers

Fighting cybercrime

A recent OBA Update contained an article regarding the formation of an Information Security MAFIA networking group. As our Fraud Alerts are targeted to a large number of those who may want to participate, we decided to recap the information so that we include all those who want to take advantage of what promises to be a wonderful opportunity to help to keep our …

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July 2013 Legal Briefs

Notice of title protection document Responsible conduct Exam workpapers – Reg Z (Amended) Ability to repay rules hot off the press If your bank issues reloadable prepaid debit cards … Treasury still issues some paper checks When federal ACH payment names don’t match up What bankers wish customers knew

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State Chamber of Oklahoma

CONTACT INFORMATION: Contact: Stephanie Snyder 330 NE 10th OKC, OK. 73104 Phone: (405) 235-3669 Fax – (405) 235-3670 Email: ssnyder@okstatechamber.com Website: www.okstatechamber.com

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June 2013 Legal Briefs

Garnishment of Federal benefits rule revisions Consumer loan dollar amounts adjust July 1 The first California/Achieve financial settlement Breach of contract Final(?) ability to repay and qualified mortgage rules

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May 2013 Legal Briefs

Interagency statement on Biggert-Waters Flood Insurance CFPB ability to repay – QM clarification proposal Some tweaks for HDMA getting it right Escrow rule: What we should have said is … CARD Act rule revised NAME IT: A guide to formulating a formidable name for your bank Oklahoma’s Article 9 remains unchanged Oklahoma tax on IRA part 2:

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Cyber-fraud round up

The FBI has recently begun issuing cyber alerts to keep our bankers apprised of potential cyber threats, including DDOS attacks. Our last OBA Fraud Alert was one and you will notice most are technical in nature and, ultimately, belong in the hands of those in charge of your network security. Be assured we (and the FBI) are also including outside service providers …

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Info on DDoS attacks

The FBI released a FBI Liaison Alert System (FLASH) Message today, containing information on recent DDoS attacks. The contents of the FLASH Message is listed below: SUMMARY (U) Since September 2012, US financial institutions have been under coordinated and timed DDoS attacks. In total, 50 U.S. financial institutions have been targeted in over 200 separate DDoS attacks with varying effects. …

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Regulatory Feedback Initiative

The Regulatory Feedback Initiative (RFI) is an electronic, no-cost, anonymous survey bankers complete after each bank examination, whether a safey and soundness exam or a compliance exam. The idea behind its launch in 2011 is to create a data base that gives first-hand accounts of bank experience with bank regulatory agencies and identify “hot spots” in the field. This data, in …

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