Notices and information from other, related federal agencies of interest (FinCEN, etc.)
Updates to frequently asked questions (FAQs) on the definition of capital were published Sept. 19 by the Basel Committee (the international group that recommends capital benchmarks for financial institutions). The FAQs are supplemented by two […]
Major streamlining – and perhaps outright elimination – of the Dodd-Frank regulatory reform legislation is under consideration by the Trump administration, the president said in a meeting Tuesday with leaders of various companies, and top […]
Federal agencies, including independents such as the federal financial institution regulators, must provide by this fall a reorganization plan to the Office of Management and Budget, which will form the basis of an overall Trump […]
Independent federal agencies – such as federal financial institution regulators – are being encouraged to identify cost savings through regulatory reduction to offset costs of planned new, significant regulations — even though the regulators are […]
Federal financial institution regulators issued less than a third of the proposed or finalized regulations in February that they have, on average, issued in the same month over the previous three years, according to a […]
No exemption for financial institutions is apparent in the executive order issued Friday by President Donald Trump, which mandates task forces be created in each agency with a goal of eliminating red tape. Additionally, the […]
The Treasury Department and the members of the Financial Stability Oversight Council (FSOC) are the agencies expected to be “impacted” by President Donald Trump’s Feb. 3 executive order, “Core Principles for Regulating the U.S. Financial […]
Independent agencies are not covered under the ‘1-for-2’ regulatory-reduction order signed by President Trump last week, confirming earlier reports. In interim guidance issued by Dominic J. Mancini, Acting Administrator, Office of Information and Regulatory Affairs, […]
Since his inauguration day Jan. 20, President Donald Trump has signed four executive orders or memoranda that have a direct impact on federal financial institution regulators. Here’s a summary of what the orders/memos stated, the […]
Restoring public accountability within federal financial regulatory agencies, and “rationalizing the federal financial regulatory framework” are two key points stated in President Donald Trump’s order on “Principles for Regulating the United States Financial System,” which […]
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