The three advisory councils of the federal consumer financial protection bureau convened Thursday for the first time after being reconstituted, and in what is reportedly the first joint gathering of all three panels. The councils […]
A supervisory agreement entered into in May 2010 over unsafe and unsound “and/or violations of law or regulation” by Presidential Holdings Inc., Bethesda, Md., was terminated Tuesday by the Federal Reserve Board. The supervisory agreement […]
A bill to create a Treasury-led financial technology (fintech) task force to improve public and private sector coordination on ways to reduce terrorist and illicit use of new financial technologies, including digital currencies, was passed […]
A supervisory booklet for bank examiners to use in reviewing Truth in Lending Act (TILA) compliance has been updated to reflect changes in mortgage servicing rules, the definition of small creditor and more. The booklet, […]
Increases of 4.3% and 2.7% in total budget dollars for 2019 and 2020 are proposed by the federal regulator of credit unions in documents slated for publication soon in the Federal Register and due to be […]
One of the most important lessons of the financial crisis of 10 years ago is the stability of the financial system – and the Fed is using the tools it has to maintain stability, the […]
At least eight databases and other “core data assets” are maintained or accessible to the federal consumer financial protection agency – including financial institution call reports, supervisory activities data and more – according to a […]
A nearly month-old interim final rule that treats liquid, readily marketable, investment-grade municipal obligations as high-quality liquid assets (HQLA) – and which remains open for public comment until Oct. 1 – is noted in a […]
Proposed rule changes announced by the Federal Deposit Insurance Corp. (FDIC) earlier this month on the treatment of banks’ reciprocal deposits under the recently enacted regulatory reform law are in the Sept. 26 Federal Register. […]
Sources for data and how the information is used are the subjects for a “request for information” (RFI) issued Tuesday by the federal consumer financial protection agency; comments will be accepted until Dec. 27. Accompanying […]
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