A policy statement issued four years ago as guidance by federal banking agencies about “leveraged lending” is a “rule” subject to the requirements of the Congressional Review Act (CRA), the Government Accountability Office (GAO) wrote […]
Financial institutions serving areas affected by wildfires in California were given guidance Friday to help the areas recover, particularly by easing lending terms where possible. In Financial Institution Letter (FIL) 52-2017, the Federal Deposit Insurance […]
Those who suggest that the regulator of national banks is considering granting charters to non-financial companies are wrong, the acting comptroller of the currency said Thursday – but if a “fintech” company has ambitions to […]
Civil money and personal cease and desist orders were filed against directors and officers of a failed Texas bank by the Office of the Comptroller of the Currency (OCC) in September, according to the release […]
Three appointments to executive positions were announced by the Federal Deposit Insurance Corp. (FDIC) Thursday. Those named to positions are: Howard Whyte was named chief information officer. He has more than 20 years of information […]
Standardizing the loan, deposit, and investment information collected electronically during examinations was proposed by the National Credit Union Administration (NCUA) Board in a request for information issued Thursday; comments are due Jan. 2, 2018. In […]
Removing some of the capital planning and stress testing requirements now applicable to federally insured credit unions with $10 billion or more in assets is the aim of a proposed rule issued for comment by […]
The providing of settlement services is being considered by the Federal Reserve to address “the future needs of a ubiquitous real-time retail payments environment,” a governor of the central bank’s board told a central banking […]
Principles for protecting consumers when authorizing third-parties to access their financial data for financial products and services were unveiled Wednesday by the Consumer Financial Protection Bureau (CFPB), with an aim of fostering development of “innovative […]
Lending was up, if modestly, in most districts of the Federal Reserve System during September into early October, according to the most recent “Beige Book” published Wednesday by the Fed. Mortgage, new and used auto, […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info