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Welcome to the Compliance Cohort.  We are a group of compliance professionals working to make compliance easier.  Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world.  We are glad you have found us and look forward to collaborating in the future.

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Compliance Cohort

Jul 1
Jul 1 2026 List of Distressed or Underserved Geographies

Adam Witmer
CRA, Regulatory Update

On June 30, 2026, the FFIEC announced the release of distressed or underserved nonmetropolitan middle-income geographies. As explained in the release, these are geographic areas where revitalization or stabilization activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community development definition.

Jun 29
Jun 29 FDIC Proposes Amendments to Resolution Submissions by Covered IDIs

Adam Witmer
Regulatory Update

On June 25, 2026, the FDIC Board of Directors issued a proposed rule to amend requirements for resolution submissions by covered insured depository institutions (IDIs). The proposal seeks to modify the existing framework for institutions with $50 billion or more in total assets.

Jun 29
Jun 29 FDIC Proposes Revisions to Deposit Insurance Assessments

Adam Witmer
Regulatory Update

On June 25, 2026, the FDIC issued a notice of proposed rulemaking to amend its assessment regulations for all FDIC-insured institutions. The proposal aims to update the framework used to determine assessment rates and institutional classifications.

Jun 29
Jun 29 HUD Initiatives to Reduce Housing Expenses and Enhance Market Affordability

Adam Witmer
Regulatory Update

On June 23, 2026, the HUD announced fourteen strategic policy revisions to the FHA Single Family mortgage insurance program. These updates are designed to lower consumer costs, alleviate regulatory burdens, and bolster affordability for individuals pursuing FHA-insured financing. 

Jun 25
Jun 25 CFPB Takes Action to Improve Consumer Complaint System

Adam Witmer
Regulatory Update

On June 24, 2026, the CFPB announced several initiatives designed to enhance the effectiveness of its consumer complaint system. In its press release, the CFPB has acknowledged that the consumer complaint portal has long been plagued by issues, limiting its effectiveness in addressing consumers’ complaints and practical utility of its information.

Jun 24
Jun 24 OFAC Sanctions Entities Linked to Prince Group TCO

Adam Witmer
BSA, Regulatory Update

On June 23, 2026, the OFAC sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership, investors in scam compounds, and front companies. This action further disrupts the group's overseas scam operations targeting Americans.

Jun 24
Jun 24 FFIEC Issues 2025 Mortgage Lending Data

Adam Witmer
HMDA, Regulatory Update

On June 23, 2026, the FFIEC announced the availability of data on 2025 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,782 U.S. financial institutions. Covered institutions include banks, savings associations, credit unions, and mortgage companies.

Jun 23
Jun 23 OCC Proposes BSA and Sanctions Rules for Stablecoin Issuers

Adam Witmer
Regulatory Update, BSA

On June 22, 2026, the OCC issued a proposed rule to implement Bank Secrecy Act (BSA) and sanctions compliance standards applicable to OCC-supervised permitted payment stablecoin issuers (PPSIs), as required by the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).

Jun 23
Jun 23 Court Prohibits CFPB to Cut Workforce

Adam Witmer
Regulatory Update

On June 22, 2026, the ABA Banking Journal reported that a federal appeals court has rejected a Trump administration request for permission to trim the CFPB’s workforce by more than half. The case is now sent back to a lower court.

Jun 18
Jun 18 Agencies Propose Rule to Implement GENIUS Act Customer Identification Program Requirement

Adam Witmer
Regulatory Update, BSA

On June 18, 2026, FinCEN, together with the Federal Reserve, OCC, FDIC, and NCUA, issued a joint proposed rule to implement provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The GENIUS Act requires permitted payment stablecoin issuers (PPSIs) to maintain an effective customer identification program (CIP).

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We are not attorneys and the information on this site should not be taken as legal advice - they are opinions of the author only. Compliance Cohort LLC assumes no responsibility for use of (or errors and omissions in) any of the information on this site or related resources. While we do our best to be accurate, the information in this site and resources is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness or timeliness. For more information on any topic discussed on this site, seek legal counsel. See our legal notice for more information.

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