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 […]
The financial system needs to be resilient to the effects of climate change, and the nation’s central bank will need to assess the system for vulnerabilities to important climate risks, a Federal Reserve Board governor […]
The minimum threshold for being considered an “assessed company” would rise to $100 billion (from $50 billion) for bank holding companies under a proposal scheduled to be published in the Federal Register Tuesday. Under the […]
The board of the federal credit union regulator last month upheld denials of two low-income federal credit unions’ appeals related to requested secondary capital authority, according to written decisions posted on the agency’s website. The […]
Federally insured credit unions have until Jan. 15 to submit their annual Voluntary Credit Union Self-Assessments for 2019 to their federal regulator – which asserts that there are no risks, and plenty of benefits, for […]
Oversight of policy and exam procedures related to operational risk will be the role of Kevin Greenfield at the federal regulator of national banks, the agency said Thursday. In the new role as deputy comptroller […]
The chairman of the federal agency that charters, regulates and insures credit unions said Wednesday that he is establishing a new council “to focus on issues of inclusion within the agency.” This new National Credit […]
Title: Chartering and Field of Membership Subject: Chartering/FOM Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending its chartering and field of membership (FOM) rules with respect to applicants and existing federal […]
Comments are due Dec. 9 to federal banking agencies on a joint-agencies proposal to revise swap margin rules to remove the need for holding initial margin for uncleared swaps with affiliates. The proposal was first […]
Rules that require financial institutions to gather and report information about credit applications from minority and women-owned businesses “will be done with great care and consideration,” keeping in mind “sensitivities” expressed by some in small […]
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