Four U.S. financial institution and capital markets regulators announced they have joined the Global Financial Innovation Network (GFIN), a global network of regulators and other organizations focused on financial innovation “in the interests of consumers.” […]
A “phase in” of a court’s ruling allowing expanded credit union membership eligibility got underway Thursday when the federal credit union regulator proposed new rules, despite the banking industry’s vow to continue to try and […]
Information collected, reported, and made public through credit applications made by women-owned, minority-owned and small businesses will be the subject of the federal consumer financial protection agency’s next symposium, set for Nov. 6. The Consumer […]
The basis for measuring the regulatory limit on non-member and “public unit” shares will change under a new rule approved by the federal credit union regulator board Thursday, essentially giving federally insured credit unions (FICUs) […]
Three “guidance” letters issued as long ago as 2011 are rules under the purposes of the Congressional Review Act (CRA) and thus are subject for consideration to be overturned by Congress, the congressional watchdog said […]
The timing remains unclear about when the White House will formally nominate a pair of candidates for empty seats on the Federal Reserve Board, the chairman of the Senate Banking Committee said Wednesday. As reported […]
A final rule implementing last year’s statutory revisions on company-run stress testing – in this case, for state-chartered, nonmember banks and savings associations that are federally insured – is slated for publication in the Federal […]
Feedback on the consistency of ratings assigned by banking regulators under the Uniform Financial Institutions Rating System, or CAMELS ratings, was urged in a Financial Institution Letter issued Wednesday by the Federal Deposit Insurance Corp. […]
A Federal Reserve Board proposal, issued in September, to create risk-based capital requirements for depository institution holding companies that are significantly engaged in insurance activities is slated for publication in the Federal Register Thursday. Comments will […]
A requirement that federally insured credit unions must advertise any deposit or savings account insurance they have in excess of federal insurance would be extended under filings made by the federal credit union regulator Wednesday. […]
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