Regulatory

The South Carolina Bankers Association actively monitors and comments on proposed and new regulatory requirements. We strive to give our members a comprehensive review of regulatory requirements in order to ensure that our banks are meeting compliance deadlines and successfully managing their bank’s operations.

Compliance with S.2155

Congress passed the Economic Growth, Regulatory Relief and Consumer Protection Act om May 22. 2018.  Once it is signed by the president it will become law; however, a number of the provisions will require regulatory changes by the various banking regulators.  There will be more resources in the future but for now follow this guide as to when and how these changes will occur:

S.2155 Implementation Guide

Links to Banking Regulatory Agencies

Federal

Office of the Comptroller of the Currency
Federal Deposit Insurance Corporation
Consumer Financial Protection Bureau
Federal Reserve – Richmond
FFIEC

State

State Board of Financial Institutions
Office of the Commissioner of Banking
Department of Consumer Affairs

Additional Regulatory and Compliance Resources

Dodd-Frank Resources

SCBA Comment Letters


Members Only: To view previous Regulatory Reports, click here.