Top headlines in today’s news …
Five nominations are in the pipeline for seats at the leadership of three federal financial institution regulatory agencies – but only one of the five is close to taking that seat, according to a review […]
A final, “supplemental” rule delaying implementation of risk-based capital for federally insured credit unions, and applying the rule to fewer credit unions, was adopted during Thursday’s open meeting of the National Credit Union Administration (NCUA) […]
A proposal that could change the payday lending rule currently set to kick in next August is expected to be out for comment by the spring of 2019, according to a blog post by the […]
No other independent financial regulator discloses its proposed budget and provides justification with the detail, care, and scope of its budget than the federal regulator of credit unions, its top official said Wednesday in a […]
Noting changes that have been made at the firm since 2013, a group of federal regulators announced Wednesday that it has rescinded the “systemically important” designation from Prudential Financial Inc., one of the nation’s largest […]
The growth of the value of noncash payments fraud outpaced the overall growth of the value of noncash payments made during 2012-2015, according to the results of a Federal Reserve study released Tuesday. The survey […]
The Federal Reserve is committed to regulatory changes to strengthen anti-redlining rules and is following four principles in guiding its approach to revising the regulations, a Federal Reserve Board governor said Monday, noting that “simplifying […]
The coming week will bring developments across a range of agencies, including a deadline for comments on the Volcker Rule, a public airing of views on the coming year’s budget for credit unions’ federal regulator […]
Third 2018 quarter call reports – which now include two items added regarding reciprocal deposits as a result of this spring’s regulatory relief legislation – are due by Oct. 30, the federal banking regulators reminded […]
A final rule supplementing risk-based capital regulation for credit unions by delaying the effective date by one year will be considered during a meeting of their federal regulator next week (Oct. 18), according to the […]
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