The timing remains unclear about when the White House will formally nominate a pair of candidates for empty seats on the Federal Reserve Board, the chairman of the Senate Banking Committee said Wednesday. As reported […]
A final rule implementing last year’s statutory revisions on company-run stress testing – in this case, for state-chartered, nonmember banks and savings associations that are federally insured – is slated for publication in the Federal […]
Feedback on the consistency of ratings assigned by banking regulators under the Uniform Financial Institutions Rating System, or CAMELS ratings, was urged in a Financial Institution Letter issued Wednesday by the Federal Deposit Insurance Corp. […]
Title: Regulatory Capital Rules: Risk-Based Capital Requirements for Depository Institution Holding Companies Significantly Engaged in Insurance Activities Subject: Risk-based capital Agency: Federal Reserve Status: Proposed rule Summary: The Board of Governors of the Federal Reserve […]
A Federal Reserve Board proposal, issued in September, to create risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities is slated for publication in the Federal Register Thursday. Comments will […]
A requirement that federally insured credit unions must advertise any deposit or savings account insurance they have in excess of federal insurance would be extended under filings made by the federal credit union regulator Wednesday. […]
Four booklets that are part of the Comptroller’s Licensing Manual have been revised to streamline licensing processes to reflect that the National Historic Preservation Act and National Environmental Policy Act do not apply to the […]
The federal regulator of national banks and thrifts reportedly said Tuesday it will appeal a Monday federal court decision blocking charters from the regulator for non-depository, special-purpose national banks – the so-called “fintech charters.” According […]
Two civil money penalties and an order of prohibition are among the enforcement actions announced by the Office of the Comptroller of the Currency (OCC) Friday, covering actions taken in September and the first part […]
Global “stablecoins” and their service providers should “never be outside the scope of anti-money laundering controls,” the international group of regulators that sets standards for combating money laundering, terrorist financing, and other illicit activities said […]
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