Tag: regulatory_guidance

FinCEN Issues Guidance on Using Digital Credentials for Customer Identity Verification

8 Sep 2026 2:28 p.m. · Source: Financial Crimes Enforcement Network

FinCEN and other agencies clarify that banks and credit unions can use verifiable digital credentials, like mobile driver's licenses, for customer identity verification under the CIP Rule, provided certain conditions are met.

Business Politics and Government Science & Technology Federal Government Banking Computers and Internet Legal FinCEN Verifiable Digital Credentials Customer Identification Program Mobile Driver's Licenses Identity Verification Financial Institutions Regulatory Guidance Financial Crimes Enforcement Network
OCC Releases Annual Bank Accounting Advisory Series Update

14 Aug 2026 10:15 a.m. · Source: Office of the Comptroller of the Currency (OCC)

The Office of the Comptroller of the Currency (OCC) has released its annual Bank Accounting Advisory Series (BAAS) update. It provides guidance on accounting standards, including purchased loans and government grants, for banks and federal savings associations.

Business Politics and Government Federal Government Banking Economy OCC Bank Accounting Financial Accounting Standards Board Regulatory Guidance Financial Services Accounting Office of the Comptroller of the Currency (OCC)
Transportation Department Clarifies Marijuana Drug Test Verification Rules

15 May 2026 1:41 p.m. · Source: DOT - Office of Drug & Alcohol Policy & Compliance

The Department of Transportation's ODAPC and OGC have issued new official guidance for 49 CFR Part 40, clarifying what Medical Review Officers should not consider when verifying positive marijuana drug test results.

Politics and Government Law Enforcement Business Federal Government Legal Transportation Employment and Labor Social Issues U.S. Department of Transportation Drug Testing Marijuana Medical Review Officer Regulatory Guidance 49 CFR Part 40 Office of Drug and Alcohol Policy and Compliance