The Fed – Page 72 – Regulatory Report

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

Agencies offer banks with $10B or less relief from rules triggered by pandemic-related asset bloat

November 23, 2020 0

Community banks that saw a surge of deposits during the coronavirus crisis – spurred in some cases by customers who received stimulus checks or funding through the Paycheck Protection Program – will receive some regulatory […]

Fact sheet aims to clarify BSA due diligence requirements when dealing with charities, non-profits

November 19, 2020 0

The federal banking and credit union regulators Thursday released a fact sheet meant to clarify Bank Secrecy Act due diligence requirements for credit unions and banks that offer services to charities and non-profits. The fact […]

Fed raises asset size triggering assessment fees to holding companies, revises methodology

November 19, 2020 0

The threshold at which annual assessment fees will be applied to bank holding companies (BHCs) and savings and loan holding companies (SLHCs) will rise from $50 billion to $100 billion in total consolidated assets under […]

Regs Z, M exemption thresholds for consumer credit, leases unchanged in 2021

November 18, 2020 0

Dollar thresholds for transactions exempt from consumer credit and lease rules will remain unchanged at $58,300 in 2021, the Federal Reserve and Consumer Financial Protection Bureau (CFPB) announced Tuesday. The exemptions are provided under Regulation […]

Appraisal exemption threshold for higher-priced mortgages unchanged for 2021, agencies announce

November 18, 2020 0

The threshold for exempting loans from special appraisal requirements applied to higher-priced mortgage loans under the Truth in Lending Act will remain at $27,200 in 2021, unchanged from this year’s threshold, according to an announcement […]

Shelton bid for seat on Fed Board stalls after Senate vote – for now

November 17, 2020 0

Confirmation of a controversial nominee to the Federal Reserve Board was blocked Tuesday by the Senate after the nominee could not achieve the bare number of votes. However, the vote could be brought up again […]

WEEK AHEAD: Senate action on Fed nominee Shelton possible; NCUA Board, CFPB councils to meet, more

November 16, 2020 0

A Senate vote on confirmation of the president’s nomination of Judy Shelton to a seat on the Federal Reserve Board could come as early as Tuesday or Wednesday, with approval of the controversial figure considered […]

Vice chair offers view of how new framework for Fed’s dual mandate will work

November 16, 2020 0

The new framework for achieving price stability and maximum employment that will be used by the Federal Reserve in determining monetary policy was outlined Monday by the vice chair of the agency board, as he […]

Fed nominee Shelton will be considered for confirmation as early as next week

November 12, 2020 0

A controversial nominee to fill a seat on the Federal Reserve Board will receive a vote in the Senate, according to news reports Thursday, as soon as next week. Bloomberg News first reported the development. […]

Brainard: Fed will hold three months of public outreach on CRA proposal; says public wants ‘consistent approach’

November 12, 2020 0

Outreach – including meetings with stakeholders – on its advance notice of proposed rulemaking (ANPR) for reforming anti-redlining regulations will be held by the Federal Reserve over the next three months, the point person for […]

« 1 … 70 71 72 73 74 … 186 »

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 [...]