Page 5 - 2017 Spring Visit issue resources_Neat

Spring Government Relations Summit Page 5.

 Flood insurance. Help homeowners protect themselves by providing more incentives to participate in
the National Flood Insurance Program and encouraging development of a strong private flood
insurance market.
 Rural growth. Pursue pro-growth policies to help farmers manage debt burdens and pricing
challenges, fight deposit flight through encouraging access to stable longer-term funding sources,
and address the shortage of qualified appraisers in rural areas that hinders real estate transactions.
 Affordable housing. Expand the low-income housing tax credit, which currently funds 70 percent of
all affordable rental properties.

Remove Impediments to Serving Customers
Well-intentioned but overly prescriptive regulation and price controls, along with overzealous
enforcement, can be counter-productive and inhibit the ability of banks to offer products and services
that their customers want and need. Policies must strike the right balance between ensuring
fundamental standards are met while offering providers flexibility to meet the specific needs of their
clients, customers and communities.
 Market pricing for card services. Restore market pricing on debit interchange fees so that consumers
can again enjoy more flexibility in the products and services that banks offer.
 AML/BSA. Limit the burdens of BSA compliance and reporting—especially new requirements that
place undue burdens on customers themselves—and eliminate potential sanctions for banking legal
businesses.
 Small-dollar credit. Promote banks’ ability to serve customers with small-dollar loans and overdraft
protection.
 Sensible regulation. Oversee finance in a way that promotes growth and innovation, avoiding
arbitrary and capricious penalties and providing robust exam review and appeal channels. Update
rules to reflect changes in technology and eliminate the trickle down imposition of large bank
requirements placed on community banks.

Issues list from ABA Ability-to-Pay/Qualified Mortgages
 Accounting Resources for the IASB/FASB  Cross-Border Harmonization
Financial Instruments Project  Data Breaches
 Affirmative Action  De minimis Threshold
 Americans with Disabilities Act  Distributed Denial of Service (DDoS) / OpUSA
 AML/Bank Secrecy Attacks
 Anti-Money Laundering  EGRPRA Review
 Appraisals  Eminent Domain
 Bad Debt Chargeoffs  Ergonomics
 Banks as End-Users  Examination Review / Appeals Process
 Basel III Capital  Fair Labor Standards Act
 Captive Insurance  Fair Value Accounting
 CFPB and Insurance Regulation  Farm Credit System
 Community Reinvestment Act  FASB Current Expected Credit Loss Standard
 Compensation (CECL)
 Conclusive Presumption of Worthlessness  FDIC Premiums
 Corporate Account Takeover  Flood Insurance
 Corporate Trust  Foreign Activity Tax Compliance Act (FATCA)
 Credit CARD Act  Garnishment
 Credit Union Competition  Government Sponsored Enterprises