By an exemption order dated June 27, 2025, federal prudential regulators have given banks and credit unions some welcomed flexibility when collecting an individual’s or entity’s taxpayer identification number (TIN) during...more
7/8/2025
/ Banking Sector ,
Comptroller ,
Consumer Financial Products ,
Credit Unions ,
Customer Identification Program (CIP) ,
Depository Institutions ,
Financial Institutions ,
FinTech ,
New Guidance ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management ,
Taxpayer Identification Number ,
Third-Party
The FAR Council issued a proposed rule that would amend the several FAR provisions and add new clauses to provide guidance on the safe handling of CUI. Public comments on the proposed rule are being accepted until March 17,...more
2/24/2025
/ Compliance ,
Controlled Unclassified Information (CUI) ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Government Agencies ,
NIST ,
Proposed Rules ,
Regulatory Requirements ,
Risk Management ,
Subcontracts ,
Supply Chain