Following no comments received last fall, the three federal banking agencies are moving forward on their proposal to combine three separate, yet identical, stress test reports into a single new Federal Financial Institutions Examination Council […]
Repeating a past call to reassess financial regulation reform in the wake of the financial crisis 10 years ago, the Federal Reserve’s top supervisory leader told a Tokyo audience Thursday that now is an “eminently […]
The Federal Financial Institutions Examination Council (FFIEC) has updated its Home Mortgage Disclosure Act (HMDA) guide for the collection of 2018 data due to be reported March 1, 2019. The umbrella agency represents federal regulators […]
Credit risk and operational risk are the subjects of two workshops to be held in Minneapolis in late March for directors of national community banks and savings associations, presented by the Office of the Comptroller […]
A merger between Louisiana and Florida banks, which would make the Louisiana institution the 64th largest in the country, has been approved by the Federal Reserve, the central bank announced Wednesday. The Fed said it had […]
Comments are due May 21, after a 90-day period, for the Consumer Financial Protection Bureau (CFPB) “request for information” about its Supervision Program. The comments-due date was set in a request for information (RFI) published Tuesday […]
A new chapter in the bankruptcy code for distressed financial companies would be a “more effective option” than existing requirements for “orderly liquidation authority (OLA),” the Treasury Department recommended Wednesday. In a report to President […]
“External engagements” is the topic for the fifth of an expected 12 “requests for information” issued Wednesday by the Consumer Financial Protection Bureau (CFPB), focusing on ways the bureau engages and receives feedback from the […]
A specific “lease security account” qualifies for pass-through share insurance coverage based on credit union membership of a landlord or account holder, a legal opinion letter from the federal credit union regulator states. However, the […]
The rationale used by the National Credit Union Administration (NCUA) in recommending the NCUA Board raise the normal operating level (NOL) of the National Credit Union Share Insurance Fund (NCUSIF) from 1.3% to 1.39% last […]
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