From the U.S. Financial Services Regulatory Center, the FINREG Focus delivers current, actionable insights to help financial institutions navigate the complex regulatory environment. We round up the latest activity across federal agencies, emerging legislative developments, and key compliance deadlines.
The Latest Key Highlights:
- Consumer Financial Protection Bureau (CFPB) rescinds special purpose credit program (SPCP) guidance under the Equal Credit Opportunity Act (ECOA).
- Financial Crimes Enforcement Network (FinCEN) and the federal banking agencies issue a joint proposed rule to implement customer identification program (CIP) requirements for stablecoin issuers under the GENIUS Act.
Stay Informed
Access the full FINREG Focus for insights and context to help your teams make confident decisions.
How Forvis Mazars Can Help
In the heavily regulated banking industry, leaders face more challenges than ever, from striving to meet shareholder and regulatory expectations to pursuing digital innovation. Forvis Mazars can help your financial institution tackle issues inherent to the industry, including market growth, internal control threats, industry consolidation, and compliance. We have the skills and experience in financial services that you can trust, combining a focus on Unmatched Client Experience® with the resources of a global firm. Serving you is our passion and privilege.
If you have any questions or need assistance, please reach out to a professional at Forvis Mazars.