Two nominations for seats on the board of the federal credit union regulator are scheduled to be voted on by the Senate Banking Committee Tuesday, just before the panel hears testimony from the nation’s top […]
Revised interagency examination procedures for prepaid accounts are outlined in attachments to a letter issued Friday, in advance of new regulations affecting the accounts that are set to take effect April 1. The Financial Institution […]
As the Federal Reserve begins its review of monetary policy strategy – including how it informs the outside world of decisions affecting interest rates – some consideration is being given to the “interplay” with financial […]
The federal insurer of bank deposits is moving forward on its proposed “office of innovation,” but operation is still a few months away, the chairman of the agency’s board said Thursday. In a press conference […]
A former official at a non-bank subsidiary of J.P. Morgan Chase & Co. has agreed to a permanent prohibition from banking after allegedly offering internships and other jobs to persons referred by foreign officials in […]
A guide highlighting the payment-related requirements of the federal consumer financial protection agency’s “Payday Lending Rule” was released Wednesday, with a key disclaimer that the guide does not discuss the rule’s mandatory underwriting provisions – […]
The federal regulator of national banks followed erroneous guidance on certain employee ethics requirements for 15 years despite subsequent guidance issued by the Treasury that should have cleared up any ambiguity, a letter from the […]
The consumer financial protection agency is required to give a heads-up to select congressional committees when making a request for transfer of funds from the Federal Reserve under legislation signed by the president late last […]
The comment period was extended Friday by one month for a proposed rule to update the standards for regulators about how financial firms measure counterparty credit risk posed by derivative contracts. The extension means comments […]
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