Two penalties were assessed in October by the federal bank deposit insurer related to findings of fiduciary duty violations and violations of federal flood insurance rules, according to information released recently on the agency’s October […]
The Federal Reserve Board announced seven members for its Insurance Policy Advisory Committee (IPAC) Thursday, three of them new and all of them set to begin three-year terms beginning in 2021. Thursday’s list of seven […]
Christopher Waller’s nomination to the Federal Reserve Board was confirmed in the Senate Thursday by the sparest of margins, with senators voting 48-47 to approve the president’s pick to fill the unexpired term of Sarah […]
Title: Capitalization of Interest in Connection with Loan Workouts and Modifications Subject: Loan workouts Agency: NCUA Status: Final rule; COVID response Summary: The NCUA Board (Board) seeks public comment on a proposed rule to amend […]
Title: Community Reinvestment Act Regulations Subject: CRA Agency: OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC) is issuing a notice of proposed rulemaking to request comment on the OCC’s […]
Title: Advisory Opinions Policy Subject: Advisory opinions Agency: CFPB Status: Procedural rule Summary: The Bureau of Consumer Financial Protection (Bureau) is issuing its final Advisory Opinions Policy (Advisory Opinions Policy), which sets forth procedures to […]
The federal agency that charters and supervises national banks and federal savings associations on Wednesday named three individuals who will, by year-end, transition to deputy comptroller posts for the Western District, for midsize bank supervision, […]
The president’s nomination of Kyle Hauptman to a seat on the board of the federal agency that regulates credit unions was confirmed by the Senate Wednesday on a bipartisan vote of 56-39, clearing the way […]
Title: Temporary Asset Thresholds Subject: Regulatory asset thresholds Agency: FDIC, Federal Reserve, OCC Status: Interim final rule; COVID response Summary: To mitigate temporary transition costs on banking organizations related to the coronavirus disease 2019 (COVID […]
A 3% reduction in calendar 2021 assessment rates in all fee schedules applied to national banks, federal savings associations, and federal branches and agencies of foreign banks was announced Tuesday by the Office of the Comptroller […]
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