Regulatory Alerts
Important Regulatory Alerts for 2025
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6/17/25: Regulatory Alert: Fed Sets June 27 Release Date for 2025 Stress Test Results
The Federal Reserve has officially set June 27, 2025, as the release date for this year's bank stress test results. With the new testing framework taking effect just days earlier (June 15), this announcement carries heightened importance. Financial institutions will face the public
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6/15/25: Regulatory Alert: Payments Fraud: Request for Information on Potential Actions to Address Payments Fraud
On June 16, 2025, the Office of the Comptroller of the Currency (OCC) issued Bulletin 2025-12, a Request for Information (RFI) aimed at gathering public feedback on strategies to address and mitigate payments fraud
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6/13/25: Regulatory Alert: OFAC Fines GVA Capital for Sanctions Violations
On June 13, 2025, the U.S. Treasury's Office of Foreign Assets Control (OFAC) announced a civil penalty against GVA Capital, Ltd. for violating U.S. sanctions tied to national security threats. The company was found to have facilitated prohibited transactions
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6/12/25: Regulatory Alert: Treasury Sanctions Network Supporting Arms Transfers Between Russia and North Korea
On June 12, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced new sanctions against entities and individuals involved in a global network supporting arms transfers from
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6/13/25: Regulatory Alert: CFPB Proposes Immediate Rescission of Nonbank Registry Rule
On June 13, 2025, the CFPB proposed rescinding its July 2024 Nonbank Covered Persons Registry Rule - less than a year after its rollout. The proposal would take effect immediately upon Federal Register publication, eliminating the requirement for nonbanks to report
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6/5/25: Regulatory Alert: OCC Releases June 2025 Enforcement Actions
On June 5, 2025, the Office of the Comptroller of the Currency (OCC) published enforcement actions taken against three national banks.
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6/4/25: Sanctions Oversight Tightens: House Proposes Mandatory Treasury Reporting
On June 4, 2025, the House Financial Services Committee reviewed H.R. 3633, the "Banking Transparency for Sanctioned Persons Act of 2025." This bill would require the Secretary of the Treasury to issue a report identifying any U.S. financial institution that