A final rule clarifying Freedom of Information Act (FOIA) procedures and rule changes on the disclosure of confidential supervisory information (CSI) – removing some previous restrictions – was issued Friday by the Federal Reserve Board […]
Title: Request for Information on Standard Setting and Voluntary Certification for Models and Third-Party Providers of Technology and Other Services Subject: Technology Agency: FDIC Status: Request for information Summary: The FDIC is issuing this request […]
The nine-member Minority Depository Institutions Subcommittee to the Federal Deposit Insurance Corp.’s (FDIC) Advisory Committee on Community Banking is set to meet virtually Monday, the agency said Friday, with closed meeting discussion held to prepare […]
The board of credit unions’ federal regulatory agency will consider a final rule on chartering and field-of-membership, a proposed rule on credit unions’ transition to the accounting industry’s “current expected credit losses” (CECL) methodology, and […]
A stipulated final judgment over a firm’s violations of federal consumer financial protections related to the sale of financial advisory and mortgage assistance relief services suspends the imposition of $3 million in consumer redress against […]
Former Federal Reserve Board Chairman Ben Bernanke and Gary Cohn, the former top economic advisor for the Trump administration, are among the five individuals named Thursday to the Federal Deposit Insurance Corp.’s (FDIC) Systemic Resolution […]
Providing cryptocurrency custody services, including holding unique cryptographic keys associated with cryptocurrency, is a modern form of traditional bank activities related to custody services and is permitted for federally chartered banks and savings associations, the […]
A report that looks at current options for winding down a failed, systemically important banking firm (GSIB) in an orderly fashion was released Tuesday by the Government Accountability Office (GAO). The report, as directed under […]
Eugene H. Schied has been named chief financial officer (CFO) for the National Credit Union Administration (NCUA), succeeding Rendell Jones, who became the agency’s deputy executive director this January, the agency said Tuesday. Schied joined […]
Title: National Banks and Federal Savings Associations as Lenders Subject: “True lender” Agency: OCC Status: Final rule; Congressional Review Act revocation Summary: Under the Congressional Review Act (CRA), Congress has passed and the President has […]
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