The 2017 and 2018 financial statements of two funds administered by the Federal Deposit Insurance Corp. (FDIC) – the Deposit Insurance Fund (DIF), and the Federal Savings and Loan Insurance Corp. (FSLIC) Resolution Fund (FRF) […]
The consumer financial protection agency’s proposals to remove mandatory underwriting provisions of a rule aimed at protecting consumers from abusive payday lending practices, and to delay implementation of those provisions in the meantime, were published […]
Recent reports by a federal watchdog, and coverage in a national newspaper, of questions over spending by top officials at the federal credit union regulator were part of Thursday’s confirmation hearing by a Senate committee, […]
Some simplification in credit union audit requirements – with a longstanding agency guide to be decommissioned in the process – was proposed and issued for public comment Thursday during an open meeting of the National […]
Nominees for seats on the board of the federal credit union regulator both vowed to Senate Banking Committee members, during their joint confirmation hearing Thursday, that they would work to safeguard the continued safety and […]
An error in a historical dataset provided to banking organizations for 2019 Dodd-Frank Act stress tests was corrected, and the stress scenarios reissued, Wednesday, the Federal Reserve Board said in a release. The correction was […]
The federal regulator of national banks and federal savings associations issued a bulletin Wednesday pointing supervised institutions to the proposed stress testing rule that was published this week in the Federal Register. In Bulletin 2019-7, […]
Legislation aimed at offering cannabis/marijuana-related legitimate businesses access to banking services – which would include imposing a number of requirements on federal financial institution regulators – was among the topics of scrutiny during a House […]
Title: Company-Run Stress Testing Requirements for FDIC-Supervised State Nonmember Banks and State Savings Associations Subject: Stress testing Agency: FDIC Status: Final rule Summary: The Federal Deposit Insurance Corporation (FDIC) is adopting a final rule to […]
The public comment deadline of Feb. 19 remains as is – so far – but the Federal Reserve Board’s proposal to revise its stress-test rules to conform with requirements of last year’s regulatory relief law is finally […]
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