Title: Regulatory Capital Rule: Simplifications to the Capital Rule Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996 Subject: Capital Agency: FDIC, Federal Reserve, OCC Status: Final rule, effective date, early adoption […]
Effective oversight also entails looking at what an industry is doing right and recognizing the contributions of the people within that industry who are getting it right, the chairman of the board for the federal credit union regulator […]
The federal agency charged with consumer financial protection on Friday published an updated diversity and inclusion strategic plan covering the period of fiscal 2019 to fiscal 2022. The Consumer Financial Protection Bureau (CFPB) says its […]
A final rule that excludes community banks from Volcker Rule prohibitions and restrictions on proprietary trading and certain relationships in hedge funds and private equity funds is set to take effect Monday, when it is […]
Comments collected in last year’s “call for evidence” from the federal consumer financial protection agency resulted in 1,750 separate issues related to rulemaking, the director of the agency told a Washington group Thursday – and, […]
A reprogramming of more than $5.3 million of the credit union regulator’s budget – paid for largely by lower-than-expected employee pay and benefits – was approved by the regulator’s board Thursday. Additionally, the board announced, […]
A final rule on fidelity bonds for credit unions and a proposed policy statement on treatment of prohibition actions for minor, past or youthful transgressions were approved by the credit union federal regulator Thursday. Meeting […]
A cease-and-desist order, a prohibition and some $54,000 in money penalties and restitution against a former loan officer of First Southern National Bank (Lancaster, Ky.) are among the enforcement actions executed in June by the […]
More than one-in-four consumers with a credit report have at least one debt in collection by the nation’s 9,330 third-party debt collectors and buyers, according to a report issued this week by the federal consumer […]
A final rule for credit unions that raises to $1 million the threshold for commercial real estate transactions subject to required appraisals from state-certified appraisers was approved Thursday by the National Credit Union Administration (NCUA) […]
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