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.@ICBA favors a system similar to the one used for automated clearing house transactions where banks can route ACH payments over competing networks operated by The Clearing House or by the Fed said @LCaryWhaley via @AmerBanker https://t.co/2YRJq8m0tr
@jadler1969@EPA Great article. IN RE "...whatever steps were taken to impose a prior regulatory initiative, at least as much work will be required to reverse course" - do you think that would apply to a rule reviewed by a SBREFA panel, i.e., the Bureau's payday rule? https://t.co/vAtaoZDSeZ
Given that FinCEN took nearly 2 years to address questions & ambiguities in beneficial ownership rule, it is clear the rule is complex & requires ample time for developing policies & procedures @ICBA says in letter to agency https://t.co/7hatk63F3a via @FinanceRegNews
.@ICBA seeks one-year delay in beneficial ownership rule as FinCEN issues FAQ just one month ahead of May 11 compliance deadline. Read the release=> https://t.co/DeZdTaIw2c
.@ICBA's Viveca Ware on potential Amazon bank partnership: If the product is marketed as FDIC insured, it would "certainly have to comply with all of the applicable rules that govern deposit insurance." https://t.co/wGFXkD2Hu5