A final rule that codifies under its Regulations Y and LL certain “tiered” presumptions in determining when a firm has obtained control of a bank, or vice versa – thus subjecting that firm or bank […]
A New York bank was assessed a $36,500 penalty for violations related to flood insurance coverage of real estate loans, the Federal Reserve said Thursday. Alden State Bank (of Alden, N.Y.) was assessed the civil […]
Rules on investments in venture capital funds by banks – imposed under the Volcker rule – would be loosened under a proposed regulation issued by the three federal banking agencies Thursday; two regulators on the […]
A former Washington attorney and Justice Department civil division assistant attorney general has joined the federal consumer financial protection agency as assistant director of enforcement in the bureau’s supervision, enforcement and fair lending division, the […]
It’s a good time to consider updating rules enforcing anti-redlining laws – but the Federal Reserve has not yet determined what is the best way forward to do that, the agency’s board chair said Wednesday. […]
The head of the nation’s central bank and the top federal regulator charged with consumer financial protection are slated to begin their respective rounds of the coming year’s semiannual testimony before Congress over the next […]
Filling the two opens seats on the Federal Reserve Board moved forward, incrementally at least, Tuesday when the White House formally transmitted the names of nominees to the Senate for consideration. Judy Shelton and Christopher […]
Despite repeated calls from Democratic lawmakers to extend the comment period of proposed revised rules implementing anti-redlining laws, the regulator who is recommending the changes had a short reply: No. In questioning following testimony before […]
Title: Combination Transactions with Non-Credit Unions; Credit Union Asset Acquisitions Subject: Acquisitions Agency: NCUA Status: Proposed rule; reopening of comment period Summary: The NCUA Board (Board) proposes to add subpart D to part 708a of […]
Changes to banking organizations’ call reports addressing 2019 regulatory amendments – among them, the new community bank leverage ratio framework – have been sent up the chain for final review and approval, three federal banking […]
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