|
CFPB Publishes Final Rule Amending Regulation B’s Treatment of Disparate Impact and Special Purpose Credit Program Standards
On April 22, 2026, the CFPB issued a final rule to amend Regulation B, including amending provisions pertaining to: (i) whether disparate impact liability is cognizable under the Equal Credit Opportunity Act (ECOA) and Regulation B; (ii) under what circumstances a creditor may be deemed as discouraging an applicant or prospective applicant; and (iii) under what conditions a creditor may offer a special purpose credit program (SPCP). 91 FR 21620.
FinCEN Issues Proposed BSA/AML Rule for Stablecoin Issuers under the GENIUS Act
On July 18, 2025, President Trump signed into law the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” (the “GENIUS Act”), which creates a licensing and regulatory regime applicable to entities that issue a type of crypto-asset referred to as “payment stablecoins.” The GENIUS Act is the first federal licensing regime legislation directed to entities that issue stablecoins and creates standards for those seeking to participate in the stablecoin market, referred to as permitted payment stablecoin issuers (PPSI).
CFPB Issues Final Rule to Amend Section 1071 Rule
As previously reported by BCG, the CFPB’s Section 1071 Small Business Lending Data Collection (SBLDC) Rule (codified in 12 FR Part 1002, Subpart B) has survived various legal challenges by trade associations and lenders. However, the SBLDC Rule came under fire again in 2025, this time from the CFPB itself. Additionally, the CFPB has recently issued a new final rule completing revamping the SBLDC Rule and further extending the rule’s compliance dates.
Agencies Finalize Changes to the Community Bank Leverage Ratio Framework
On April 23, 2026, the OCC, FDIC, and FRB (collectively, the “Agencies”) issued a final rule amending the community bank leverage ratio (CBLR) framework (the “2026 CBLR Final Rule”) which provides significant relief to community banks qualifying for the CBLR framework in terms of meeting the Agencies’ capital requirements. 91 FR 22973.
Table of Contents
CONSUMER FINANCE
-
CFPB Publishes Final Rule Amending Regulation B’s Treatment of Disparate Impact and Special Purpose Credit Program Standards
-
Fannie Mae Issues Lender Letter on Seller/Servicers’ use of AI and Machine Learning
-
Court Vacates FinCEN Residential Real Estate Rule
BANKING OPERATIONS & FINTECH
-
FinCEN Issues Proposed BSA/AML Rule for Stablecoin Issuers under the GENIUS Act
-
Judge Approves $425 Million Settlement in Capital One Deposit Account Class Action Lawsuit
-
FDIC Rescinds Multiple NSF Fee Guidance
-
Treasury Releases Annual Risk Assessments on Money Laundering, Terrorist Financing and Proliferation Financing Risks
COMMERCIAL LENDING
-
CFPB Issues Final Rule to Amend Section 1071 Rule
-
Tenth Circuit Agrees to Rehear Case in Colorado Opt-Out Litigation
CORPORATE GOVERNANCE
-
Agencies Finalize Changes to the Community Bank Leverage Ratio Framework
-
Agencies Issue Additional Proposals to Implement GENIUS Act Requirements on Stablecoin Issuers
-
OCC and FDIC Finalize Rule on Prohibiting Use of Reputation Risk by Regulators
-
Banking Agencies Issue Updated Model Risk Management Guidance
-
U.S. Treasury Proposes New Rules to CDFI Fund Programs
|
