Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
About 2,400 bankers and others joined a teleconference sponsored by federal bank regulators Tuesday to hear details about new capital rules proposed by the agencies to help financial institutions prepare for new accounting standards that […]
A 2010 cease-and-desist order against Barclays Bank plc (London, England) and its branch in New York City over violations of Office of Foreign Assets Control (OFAC) requirements was terminated by the Federal Reserve Board May […]
Richard Clarida and Michelle (“Miki”) Bowman told lawmakers Tuesday that, if they are confirmed to seats on the Federal Reserve Board, they would support the Fed’s dual mandate of maximum employment and stable prices as […]
Examination procedures for assessing compliance with a new Bank Secrecy Act (BSA) “customer due diligence” rule that took effect Friday – requiring covered institutions to verify the identity of beneficial owners at account opening – […]
Hearings, meetings and a Federal Reserve Board member’s speech are among the events on tap for the federal financial institution regulators’ public calendar next week, on subjects ranging from “customer due diligence” to Community Reinvestment […]
A proposed rule addressing the effects of the new current-expected-credit-loss (CECL) accounting standard on banks’ regulatory capital is being issued by the three federal banking regulators through a notice in the Federal Register. Comments are […]
A floating-rate offering of seven-day term deposits with an early withdrawal feature through its “Term Deposit Facility” (TDF) will be offered May 17 by the Federal Reserve, the agency said Thursday. The offering is part […]
A hearing on the nominations for two members for the Federal Reserve’s board of governors will be held May 15 by the Senate Banking Committee, the panel said in a statement Tuesday. The committee will […]
A worldwide group of central banks working to promote the safety and efficiency of payment, clearing, settlement and related arrangements released a global strategy for reducing wholesale payments fraud Tuesday. In a report, “Reducing the […]
Changes to Federal Reserve rules for setting Federal Reserve Banks’ primary credit rate charged to depository institutions take effect June 8, the Fed Board said in an announcement late Monday. A notice is slated for […]
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