On January 6, 2023, the FIC issued its January 2023 edition of the Consumer News where it talked about credit card checks and cash advances. Through the publication, the FDIC reminds consumers to know the costs associated with using these products, also known as convenience checks.

On January 5, 2023, the FTC proposed a new rule that would ban employers from including noncompete clauses on their workers contracts. According to the FTC, a noncompete requirement is a widespread and often exploitative practice that suppresses wages, hampers innovation, and blocks entrepreneurs from starting new businesses. The agency estimates that the new proposed rule could increase wages by nearly $300 billion per year and expand career opportunities for about 30 million Americans.

On January 5, 2023,, the OCC issued its annual report to Congress which provides an overview of the condition of the federal banking system. The annual report can be beneficial to compliance professionals as it discusses the OCC's strategic priorities and details agency regulatory and policy initiatives.

On January 3, 2023, federal bank regulatory agencies issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector. The statement also describes the agencies’ approaches to supervision in the area of crypto-Asset risks.