Title: Minority Depository Institution Preservation Program Subject: Minority depository institutions Agency: NCUA Status: Proposed IRPS amendments Summary: The NCUA Board is issuing proposed revisions to Interpretive Ruling and Policy Statement (IRPS) 13–1, regarding the […]
The comment deadline on proposed changes to interpretive guidance on how nonbank firms are designated as risks to financial stability – and thus whether they must be subject to Federal Reserve supervision – has been […]
Title: Authority To Require Supervision and Regulation of Certain Nonbank Financial Companies Subject: Nonbank supervision Agency: FSOC Status: Notification of proposed interpretive guidance; request for public comment Summary: This proposed interpretive guidance, which would […]
The need to strengthen supervision and regulation of banks of the size of the failed Silicon Valley Bank (SVB) was reiterated by the chief of the nation’s central bank in recent remarks before a financial […]
Title: Charitable Donation Accounts Subject: Incidental powers Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending the charitable donation accounts (CDAs) section of the NCUA’s incidental powers rule. Specifically, the Board […]
The asset management booklet of the Comptroller’s Handbook, a compendium of guidance for federal bank examiners, has been updated to clarify the agency’s expectations regarding fiduciary audit requirements, according to a bulletin Thursday. The updated […]
Two workshops on credit and operational risk will be held Aug. 1 and 2 in Charlottesville, Va., for national community bank and federal savings association directors, senior management, and other executives, the national bank regulator […]
A rule proposed in early June that recognizes the increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property is out for comment until Aug. 21, according […]
Title: Quality Control Standards for Automated Valuation Models Subject: Residential mortgage valuation Agency: CFPB, Federal Reserve, FDIC, FHFA, NCUA, OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC), Federal […]
Testimony from the president’s nominees for Federal Reserve Board terms and public discussion of the National Credit Union Administration’s operating fee schedule methodology are slated over the next two days. On Wednesday, the Senate Banking […]
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