Notices and information from other, related federal agencies of interest (FinCEN, etc.)
Various effective date delays for accounting standards on current expected credit losses (CECL) were finalized Friday by the accounting industry’s standards-setting group, one of which pushes the date to January 2023 for smaller financial companies, […]
The Business Continuity Management booklet within federal financial institution regulators’ Information Technology Examination Handbook has been revised to emphasize the importance of ensuring financial institutions’ preparedness to avoid disruptions in operations and to recover services. […]
Temporary, optional accounting guidance to ease the potential burden in accounting for or recognizing the effects of reform of reference rates for interbank short-term loans was released Wednesday by the accounting industry’s standards group. The […]
Stephen Ledbetter is the new executive director of the umbrella council of federal financial regulators that works to oversee financial stability, the group said Thursday. In a release describing its latest meeting (on Nov. 7), […]
A final cost of $32.4 billion is estimated for the fund that was established in 2008 to help prevent the U.S. financial system’s collapse as the financial crisis reached its zenith, the congressional watchdog said […]
Title: Assessment of Fees on Certain Bank Holding Companies and Nonbank Financial Companies Supervised by the Federal Reserve Board To Cover the Expenses of the Financial Research Fund Subject: Fee assessments Agency: Treasury Status: Proposed […]
Bank holding companies (BHCs) that have less than $250 billion in consolidated assets and are not defined as global systemically important banking organizations (G-SIBs) would no longer be assessed fees for Treasury’s Office of Financial Research […]
A grant procedures handbook and fiscal 2020 Appraisal Foundation grant proposals are key action items slated for discussion Nov. 13 during an open meeting of the Federal Financial Institutions Examination Council (FFIEC) Appraisal Subcommittee (ASC), […]
The current expected credit loss (CECL) accounting standard will be one of the topics under discussion during the next meeting of the oversight group of federal financial regulators, set for next week. The Nov. 7 […]
Semiannual testimony would be required by the four federal financial institution regulators before Congress under legislation approved by a House committee Thursday. The Prudential Regulator Oversight Act (H.R. 4841), sponsored by Reps. Dean Phillips (D-Minn.) […]
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