Key points of a final rule, issued Feb. 14, by banking agencies to implement the new accounting standard for current expected credit losses (CECL) are highlighted in a bulletin issued Monday by the federal agency […]
Mark those calendars for a March 7 hearing about the federal consumer financial protection agency by the U.S. House committee that has top oversight of the agency, according to a schedule released Monday by the […]
Senate committee votes on two nominations to the board of the federal credit union regulatory agency, the Federal Reserve Board chairman’s monetary policy report to Congress, and speeches by the chairman and vice chairman of […]
Nine recommendations aimed at preventing the federal regulator of national banks from becoming the victim of “regulatory capture” in its supervision of large banks are contained in a report released Monday by the congressional watchdog […]
A proposed rulemaking to exclude “a majority of community banks” from restrictions on proprietary trading – the “Volcker Rule” – consistent with last year’s financial regulatory relief law is highlighted in a bulletin issued Monday […]
Workers at the federal consumer financial protection agency who are witnesses to waste, fraud, abuse, or gross mismanagement are urged to contact the chairwoman of the House committee overseeing the agency, she told the agency […]
Two nominations for seats on the board of the federal credit union regulator are scheduled to be voted on by the Senate Banking Committee Tuesday, just before the panel hears testimony from the nation’s top […]
Credit unions will be able to submit comments to their federal regulator until April 26 on a set of proposed revisions to the agency’s supervisory committee audit rules, according to a notice slated for publication […]
[UPDATED] A list of 25 enforcement decisions and orders – one from October, the rest from January – regarding banks and individuals were released Friday by the Federal Deposit Insurance Corp. (FDIC), including five ordering or […]
Revised interagency examination procedures for prepaid accounts are outlined in attachments to a letter issued Friday, in advance of new regulations affecting the accounts that are set to take effect April 1. The Financial Institution […]
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