Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Failures in oversight, internal controls, and risk management that prevented Goldman Sachs Group, Inc., from detecting a “far-reaching” fraud scheme among its own employees and others against its client 1Malaysia Development Berhad (1MDB) drew a […]
Economic activity is increasing across the country, but a “considerable degree of uncertainty” for the future outlook is prevalent in many areas, according to the latest snapshot of economic activity released Wednesday by the Federal […]
Challenges facing low- to moderate-income (LMI) and minority renters and would-be homeowners underscore the importance of getting modernization of anti-redlining laws right, the point person for the Federal Reserve’s efforts on the issue said Tuesday. […]
A consent order to cease and desist has been executed with a bank employee of First Savings Bank, Jefferson, Ind., related to that individual’s supervision of the bank’s loan production office in Louisville, Ky., according […]
A Financial Stability Board (FSB) report to the G20 Summit next month will give a diagnosis of the financial stability shock related to the coronavirus (COVID-19) pandemic and identify areas for possible policy action, including […]
The advance notice of proposed rulemaking intended to modernize the Federal Reserve’s Community Reinvestment Act (CRA) rules will also make provisions focused on minority depository institutions (MDIs) more prominent and clear, the Fed’s vice chair […]
Title: Community Reinvestment Act Subject: CRA Agency: Federal Reserve Status: Advance notice of proposed rulemaking Summary: The Board of Governors of the Federal Reserve System (Board) is publishing for public comment an advance notice of […]
Transitioning from LIBOR – the widely used but soon-to-be defunct benchmark interest rate banks use to lend to one another, and which also serves as the reference rate for loans to consumers for such products […]
The schedule for Washington next week shows final action ahead at the Federal Deposit Insurance Corp. (FDIC) on the net stable funding ratio (NSFR), participation by Federal Reserve Board Chair Jerome H. (“Jay”) Powell in […]
A proposed revision of anti-redlining rules is scheduled to be unveiled for public comment Monday in the Federal Register, with a 120-day comment period assigned, ending on Feb. 16, 2021. In publishing the 173-page advance […]
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