Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Consumer credit and lease transactions involving $66,400 or less are exempt in 2023 from Truth in Lending Act (Regulation Z) and Consumer Leasing Act (Regulation M) requirements, according to releases Thursday by the Consumer Financial […]
A rule designed to boost banking regulators’ abilities to resolve non-global systemically important banks (GSIB) “in an orderly way” should they fail was unveiled Friday by the Federal Reserve. The proposal was also accompanied by […]
Progress in the transition away from a now-defunct reference rate is “encouraging,” but “timely action” is still needed by banks before use of the rate is cut off completely by next summer, a Federal Reserve-sponsored […]
Five former bank workers are now prohibited from future banking industry employment for fraudulently obtaining loans and grants administered under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Federal Reserve said Thursday. In […]
Regulating financial institutions innovations – including stablecoins, payment systems, tokenizing bank liabilities and more – is critical to the safety and soundness of the overall financial system, the Federal Reserve’s top supervisor said Wednesday. Fed […]
Increases of 75 basis points (bps) in the rate of interest paid on depository institutions’ reserve balances at Federal Reserve Banks and the rate banks pay on Reserve Bank primary credit took effect Oct. 7 […]
The system that banks supervised by the Federal Reserve must use to file their applications with the Fed will be replaced Oct. 17 with a new cloud-based system called FedEZFile, the Fed announced Thursday in […]
Title: Financial market utilities Subject: Regulation HH; operational risk management Agency: Federal Reserve Status: Proposed rule Summary: The Board of Governors of the Federal Reserve System (Board) is proposing to amend the requirements relating to […]
Requirements relating to operational risk management, particularly with regard to systemically important financial market utilities (FMUs), under the Federal Reserve’s Regulation HH would be amended under a proposal published Wednesday in the Federal Register. The […]
Debit card issuers should enable at least two payment card networks to process all debit card transactions, including “card-not-present” transactions such as online payments, under a final rule issued late Monday by the Federal Reserve. […]
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