Top headlines in today’s news …
Two information collections up for renewal – one on money laundering risk (MLR) assessments and the other on guidance regarding data breaches – will be proposed by the federal regulator of national banks as early […]
The federal regulator of credit unions said it was pleased with a Tuesday decision by a federal appeals court upholding the agency’s rules for membership in credit unions, turning back a challenge by the banking […]
Changes to the “Volcker rule” – called by some long overdue, but by one regulator a total evisceration of measures to prevent risky activities at banks – were approved Tuesday on yet another split vote […]
The chairman and vice chairman (for supervision) of the Federal Reserve will be on the podia this week, and the board of the federal insurer of bank deposits will be the first bank regulator to […]
In a case reminiscent of one reported in January, the Consumer Financial Protection Bureau (CFPB) and the Office of the Arkansas Attorney General on Tuesday filed a proposed settlement that bans a broker – Andrew […]
A final rule with revisions to the Volcker Rule, which generally prohibits proprietary trading by banks with more than $10 billion in consolidated assets, is the top item for discussion Aug. 20 during the next […]
The president’s reappointment of Federal Reserve Board Gov. Michelle (“Miki”) Bowman to a full, 14-year term on the board could clear a routine procedural vote in the Senate shortly after that body resumes work Sept. […]
The Federal Reserve’s plan to develop a round-the-clock, real-time payment settlement service – FedNow – is explained in detail in a notice for comment slated for publication in the Federal Register Friday, with a 90-day public […]
An increased cost of liquidity to firms is caused by the Volcker Rule, while at the same time the rule does not decrease their exposure to liquidity risk, a new report issued Tuesday by a […]
Everyone deserves the same ability to make and receive payments immediately and securely, and every financial institution deserves the same opportunity to offer that service to its community, the Federal Reserve governor overseeing the agency’s […]
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