Saturday, January 22, 2022

oklabankers

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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Wire fraud reprise

To draw your attention to our Fraud Alerts when they are critical, we only send them when an issue is of a critical nature. We also have never repeated alerts. However, the level of wire fraud attempted and completed has risen to a level that now requires some repetition. Look at the July 7, 2012 Alert on wire/ACH fraud and, again, revisit your policies and …

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January 2013 Legal Briefs

Out of state, tribal and CFR court orders ATM notice relief Hot topics for 2013 from the FRB COPPA update Deposit insurance reminder Remittance transfers: a brief reprieve Religious headgear and compliance

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December 2012 Legal Briefs

Corporate Account Takovers ATMs and the ADA Q&As on Getting Rid of Customer Property Foreign Remittance Transfer Rule to Change – Again FDIC Guidance on the Scheduled End of Unlimited Deposit Coverage MRAPLA Disclosures Postponement Reg Z’s Exemption Threshold Goes Up Again

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