Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
A set of frequently asked questions (FAQs) providing existing legal interpretations related to a half-dozen of the Federal Reserve Board’s rules were published Wednesday and will be updated periodically, the Fed said. The Fed said […]
A final rule that outlines and confirms the use of supervisory guidance for regulated institutions – and specifying that supervisory guidance does not have the force and effect of law – was announced Wednesday by […]
Title: Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning Subject: FIs’ use of artificial intelligence Agency: CFPB, FDIC, Federal Reserve, NCUA, OCC Status: Request for information and comment […]
Two former Wyoming bank employees who were ordered in 2018 to pay a collective $2.2 million in damages to the bank were barred from future involvement in the affairs of any federally insured depository institution […]
Studies and reports with recommendations about how to deal with the overall impact of the coronavirus crisis on the international banking community, particularly via non-bank financial intermediaries (NBFIs), are forthcoming over the next several months, […]
The Federal Reserve will continue its independence from the Treasury Department and other federal entities in order meet its dual mandates of promoting maximum employment and stable prices, the agency’s newest board member said in […]
Information on how financial institutions use artificial intelligence (AI) in their activities, including fraud prevention, personalization of customer services, credit underwriting, and more is sought under a request for information announced Monday by federal bank, […]
Temporary and additional restrictions on bank holding company dividends and share repurchases now in place will end for most firms after June 30, after completion of the current round of stress tests, the Federal Reserve […]
The interagency council formed under the 2010 Dodd-Frank Act to identify risks to financial stability and respond to emerging threats is set to meet next Wednesday on climate change and its potential impact on stability, […]
The hardwired fallback language for syndicated and bilateral business loans that reference U.S. dollar (USD) London Interbank Offered Rate (LIBOR) has been supplemented by the Federal Reserve committee for establishing alternative reference rates, the committee […]
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