Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Credit cards are being used for payments more frequently – and more often for remote versus in-person payment – a new Federal Reserve study released Thursday stated. Additionally, the study showed that the 10.2% growth […]
A “small bank” is one with assets of less than $1.252 billion, and an “intermediate small bank” is one with at least $313 million in assets but less than $1.252 billion, for purposes of community […]
Final rules reflecting last week’s increase in interest rates by the Federal Reserve Board –increasing the rate for primary credit from Federal Reserve banks (Regulation A), and revising the interest rates paid on balances maintained […]
Resolution plans – or “living wills” – of the eight largest banks will not have to be resubmitted, two federal banking agencies said Tuesday, because they do not have “deficiencies” that are weaknesses severe enough […]
A French bank based in Paris, and a branch of the same institution in New York, was presented with a cease and desist order for continued violations of U.S. anti-money-laundering laws, the Federal Reserve said […]
Reflecting the transfer of some consumer protection rulewriting authority to the federal consumer protection agency, the Federal Reserve said Monday it had repealed one regulation, and is proposing to revise a second. The Fed said […]
Aggregate global indicator amounts deployed for identifying 2017 global systemically important bank holding companies (G-SIBSs) in the United States have been published by the Federal Reserve in Monday’s Federal Register. The indicators, required under the […]
The newest member of the Federal Reserve Board won’t participate in matters before the central bank’s governing board that are specific to one of the largest banks the agency regulates, primarily because of past family […]
Three individuals from three different states were barred permanently from the banking industry for engaging in separate unsafe and unsound practices, the Federal Reserve said Friday. In a release, the Fed said that Lowell W. […]
Financial regulators should continue to ensure that financial institutions have sufficient capital and liquidity to reduce threats to economic and financial shocks, the federal umbrella group for the regulators said in its annual report, released […]
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