Federal financial regulation – Page 645

What's up

[ January 10, 2025 ] Eying changes ahead this month, FDIC Board vice chair outlines his agenda for new administration FDIC
[ January 10, 2025 ] Bureau seeks public comment on emerging payment mechanisms; proposes rule for how EFTA would cover Federal financial regulation
[ January 9, 2025 ] Agency recognizes first standard-setting group for ‘open banking;’ conditions apply to five-year approval CFPB
[ January 8, 2025 ] Banks in areas affected by California fires may close, OCC proclaims OCC
[ January 7, 2025 ] Final rule limiting use of medical information by creditors, including eligibility for credit, given green light CFPB

Credit union regulator adds second item to closed meeting

March 13, 2018 0

A second item has been added to the agenda for a closed meeting of the National Credit Union Administration (NCUA) Board when it meets Wednesday – this one regarding a supervisory action. According to NCUA, […]

Users of ‘RushCard’ pre-paids from 2015, check your mail: a check is on its way

March 13, 2018 0

If you had a RushCard in October 2015 (and you don’t any longer) check your mail: the federal consumer protection bureau said Tuesday you were sent a check. The Consumer Financial Protection Bureau (CFPB) said […]

Chinese bank, its NY branch, cited for AML/BSA deficiencies by Fed

March 13, 2018 0

“Significant deficiencies” in risk management and compliance relating to anti-money laundering laws, including the Bank Secrecy Act (AML/BSA), are cited by the Federal Reserve in a cease-and-desist order issued Tuesday against the Industrial and Commercial […]

Thought something not quite right in NCUA filing? Correction of clerical error confirms suspicion

March 12, 2018 0

A correction to indicate the proper referral to the Code of Federal Regulations (CFR) for changes about how equity distributions can be made will be issued by the federal credit union regulator. In filings Monday […]

2 bills before House this week on financial institutions regulation, exams

March 12, 2018 0

The House is scheduled to take up two bills this week to require “tailoring” of regulations for banks, savings associations and credit unions and create an independent examination review structure. Wednesday, the House is scheduled […]

Senate resumes Dodd-Frank reform consideration Monday

March 9, 2018 0

The Senate is scheduled to convene Monday at 4 p.m. and will resume consideration of the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), whose revisions to a 2010 financial reform law would reportedly […]

OCC issues bulletin on 2018 HMDA guide update

March 9, 2018 0

The Office of the Comptroller of the Currency (OCC) on Friday released a bulletin (No. 2018-6) on this year’s update of “A Guide to HMDA Reporting: Getting It Right!” by the Federal Financial Institutions Examination […]

Fed Board won’t object to Capital One’s resubmitted capital plan

March 9, 2018 0

The Federal Reserve Board Friday said it would not object to the capital plan resubmitted by Capital One Financial Corporation given the progress the company made in addressing deficiencies in last year’s Comprehensive Capital Analysis […]

Treasury urged to look at shifting remittance flows to determine if it can still ‘follow the money’ to ‘fragile countries’

March 8, 2018 0

Treasury should assess whether shifts in remittance flows to non-banking channels for “fragile countries” may affect the department’s ability to monitor for financial crimes and, if necessary, identify corrective actions, according to a report issued […]

Fed: Cease-and-desist order against Royal Bank of Scotland Group terminated

March 8, 2018 0

The Federal Reserve Board Thursday announced the termination of a cease-and-desist (C&D) order entered into in July 2011 with the Royal Bank of Scotland Group. That order set requirements for risk management and internal controls, […]

« 1 … 643 644 645 646 647 … 700 »

Eying changes ahead this month, FDIC Board vice chair outlines his agenda for new administration

January 10, 2025 0

Work on a “new direction” for the federal bank deposit insurer will begin on Jan. 20, the likely next acting chairman of the agency’s board said Friday, including a lesser focus on process, an “open-minded approach” to innovation and technology, [...]
Bureau seeks public comment on emerging payment mechanisms; proposes rule for how EFTA would cover

January 10, 2025 0

Requirements that apply to emerging payment mechanisms – such as those used in video gaming platforms — are the subject of a proposed interpretive rule issued Friday by the federal consumer financial protection agency. The proposal looks at such payment [...]
Agency recognizes first standard-setting group for ‘open banking;’ conditions apply to five-year approval

January 9, 2025 0

A non-profit organization operating in the United States and Canada is the first to be recognized as a standard-setting body for open banking, the federal consumer financial protection agency said late Wednesday. The application by Financial Data Exchange (FDX) to [...]
Banks in areas affected by California fires may close, OCC proclaims

January 8, 2025 0

National banks and federal savings institutions may close in areas affected by the fires in the Los Angeles area, the national bank regulator said Wednesday. The Office of the Comptroller of the Currency (OCC) said, by its proclamation, it expects [...]
Final rule limiting use of medical information by creditors, including eligibility for credit, given green light

January 7, 2025 0

A regulatory exception that previously permitted a creditor to obtain or use medical information, including medical debt information, is removed under a new rule on medical debt collection issued Tuesday by the federal consumer financial protection agency. The Consumer Financial [...]
CFPB, citing ‘sham investigations,’ says Experian failed consumers who disputed credit report data; suit seeks redress, fines

January 7, 2025 0

A lawsuit alleging that consumer reporting agency Experian unlawfully failed to properly investigate consumers’ disputes over information in their credit reports was filed Tuesday by the Consumer Financial Protection Bureau (CFPB). The CFPB said that Experian Information Solutions, Inc. – [...]
Credit risk, balance sheet management top supervisory priorities in 2025 by credit union regulator

January 7, 2025 0

Credit risk, balance sheet management, and risk to earnings and net worth are among the top supervisory priorities for the federal credit union agency in the new year, it said in a letter to the institutions is supervises Tuesday. The [...]