Make sure to mark your calendars of upcoming important dates.

January:

Effective on the 1^st

–         Reg. Z exemption threshold increase

–         CRA threshold increased for small and intermediate small banks

–         Threshold Adjustments for HPML, Consumer Credit, and Lease

Transactions

–         TILA Annual Threshold Adjustments

Upcoming later this month:

–         MLA Database User Login Changes effective on the 20^th

March:

–         HMDA LAR due on the 1^st

April:

–         Final rule on reporting Cyber Attacks to your Federal Regulator effective

on the 1^st

September:

–         ACH Third Party Sender Roles and Responsibilities (two amendments)

effective on the 30^th

November:

–         SAFE Act, NMLS annual renewal on the 15^th

December:

–         ACH audit due before the 31^st

The above is a shortlist of upcoming compliance changes and deadlines for 2022. Please reach out with any questions and we hope everyone had a Happy New Year!

Sincerely,

Sarah Smith, CRCM, CAFP