The Fed – Page 82 – 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

Lending facilities given three-month extension to smooth planning by users

July 28, 2020 0

Dec. 31 is the new deadline date for special lending facilities set up to deal with the financial impact of the coronavirus crisis, the Federal Reserve said Tuesday. The facilities were originally scheduled to wrap […]

Fed allows FIs to share confidential supervisory info with all affiliates, service providers; clarifies FOIA procedures

July 24, 2020 0

A final rule clarifying Freedom of Information Act (FOIA) procedures and rule changes on the disclosure of confidential supervisory information (CSI) – removing some previous restrictions – was issued Friday by the Federal Reserve Board […]

Fed expands group of firms eligible for emergency lending facilities transactions, services

July 23, 2020 0

The group of firms eligible to transact with and provide services in three emergency lending facilities was widened Thursday by the Federal Reserve, which the central bank said would increase its “operational capacity and insight” […]

GAO study outlines liquidation authority for dealing with failed big banking firms

July 21, 2020 0

A report that looks at current options for winding down a failed, systemically important banking firm (GSIB) in an orderly fashion was released Tuesday by the Government Accountability Office (GAO). The report, as directed under […]

Fed nominees both recommended for confirmation by panel – but animus, controversy over one continues

July 21, 2020 0

(In the video, Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) make their respective cases for recommending for confirmation (or denying the recommendation) for Federal Reserve Board Nominee Judy Shelton […]

With pandemic in mind, Fed will make no changes to payment services prices

July 21, 2020 0

There will be no changes to prices for payment services in 2021, out of deference to the impact of the coronavirus crisis, the Federal Reserve said Tuesday in an early declaration of its plans for […]

More than 200 banks went away in 2019, Fed reports, along with nearly 1,200 branches

July 17, 2020 0

There was a net reduction of 211 banks nationwide at the end of last year compared with year-end 2018, the Federal Reserve reported Friday, and a net reduction of 1,182 branches and additional offices over […]

Fed extends permission for PPP loans to be offered to small business owners who are bank directors, shareholders, officers

July 17, 2020 0

Paycheck Protection Program (PPP) loans to businesses owned by their directors and certain shareholders who are also bank directors, officers and shareholders will be allowed – subject to certain limits, and without favoritism – under […]

With latest changes, nonprofits have more access to Fed’s Main Street Lending Program

July 17, 2020 0

Nonprofit organizations such as educational institutions, hospitals, and social service organizations will have more access to credit through the Federal Reserve’s Main Street Lending Program (MSLP) as a result of modifications that added two new […]

Bankers uneasy about impact of end to PPP, loan deferrals, latest Beige Book indicates

July 15, 2020 0

While a number of bankers and financial institutions reported improving financial conditions over the last six weeks, many others expressed concern about what happens to conditions once incentives subside that were adopted to help fight […]

« 1 … 80 81 82 83 84 … 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 [...]