Bipartisan examination fairness legislation is a strong step in the right direction toward ensuring federal financial regulators conduct fair exams for those they supervise, America’s Credit Unions President/CEO Jim Nussle wrote Tuesday. The Fair Audits and Inspections for Regulators’ (FAIR) Exams Act (H.R. 8071) was introduced by Reps. French Hill, R-Ark., and David Scott, D-Ga. …
The Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis focusing on patterns and trends identified in Bank Secrecy Act (BSA) data linked to Elder Financial Exploitation (EFE) – the illegal or improper use of an older adult’s funds, property, or assets. FinCEN examined BSA reports filed between June 15, 2022, and June …
