The “Large Bank Supervision” booklet of the national bank regulator’s supervisory handbook has been updated and rescinds the previous booklet of the same title from September 2019. The agency said Tuesday. In its Bulletin 2022-6, […]
A supplemental notice to the Federal Reserve’s May 2021 proposal on factors used by the Federal Reserve Banks when considering account and payment service requests is out for public comment until April 22. The supplemental […]
Title: Guidelines for Evaluating Account and Services Requests Subject: Reserve Bank account access Agency: Federal Reserve Status: Supplemental notice and request for comment Summary: The Board of Governors of the Federal Reserve System (Board) is […]
Noting that large banks are not waiting for regulators to set climate-risk management guidance, the acting head of the national bank regulator on Monday said some large banks are already exploring climate risk issues, with […]
A call for legislation creating a framework providing for issuance of stablecoins by federally insured depository institutions only – both to help preserve financial system stability and close an avenue for illicit finance – was […]
Empire Financial Federal Credit Union (FCU) of New York, N.Y., a tiny credit union that last reported about $5.12 million in assets and 270 members, on Friday became the first federally insured credit union liquidated […]
The federal regulator of national banks has selected Amanda Freedle to be its next deputy comptroller and chief accountant, effective March 28, the agency announced Friday. Freedle, in her new role, will lead the Office […]
Six new members of the Federal Reserve Board’s Community Advisory Council (CAC), appointed to three-year terms, were announced by the Fed Friday. The CAC includes experts and representatives of consumer, workforce, and community development organizations […]
Title: Bulletin 2022-04: Mitigating Harm From Repossession of Automobiles Subject: Auto repos Agency: CFPB Status: Compliance Bulletin 2022-04 Summary: The Consumer Financial Protection Bureau (Bureau or CFPB) is issuing this Compliance Bulletin regarding repossession of […]
A proposal raising from $10 billion to $15 billion the asset size of certain federally insured credit unions (FICUs) whose supervision is handled by an office assigned to large, complex institutions is out for public […]
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