Top headlines in today’s news …
Federal and state financial institution regulators teamed up Wednesday to issue a joint statement on supervisory practices regarding financial institutions affected by Hurricane Michael, which careened through the eastern Gulf Coast the same day. The […]
Seven new members have been named to the advisory committee that provides community banking advice and recommendations on policy and regulatory matters to the federal bank deposit insurance agency, the agency announced Wednesday. The Federal […]
Consumer compliance issues and topics related to regulatory relief legislation enacted last spring will be addressed in an Oct. 25 teleconference sponsored by the federal insurer of bank deposits. In a Financial Institution Letter issued […]
Regulators were on stage this past week, discussing initiatives, implementation of the new regulatory relief law, their roles and what they wanted from Congress – among other things – in different venues, but all on […]
Despite recent criticisms from President Donald Trump, the Federal Reserve Board is not concerned about the independence of the organization, the agency’s chairman told a Washington gathering Wednesday. “My focus is on essentially controlling the […]
Types of instances in which banks and credit unions may form collaborative arrangements to share resources to better manage their Bank Secrecy Act/anti-money laundering (BSA/AML) responsibilities are addressed in a statement issued jointly on Wednesday […]
Developing a nationwide, real-time interbank settlement payment system would “significantly improve” the prospect that a financial institution of any size would have access to faster payments, and keep the United States apace with other nations […]
Two actions the Federal Reserve Board could take to support real-time interbank settlement of faster payments in the United States are detailed in a request for comments issued Wednesday under a public comment deadline of […]
Bank regulators were urged to move apace on efforts to tailor prudential standards for banks under $250 billion in assets during a Senate Banking Committee hearing Tuesday on implementation of the recently enacted financial reform […]
Regulators took a forward look in testimony Tuesday about recently enacted regulatory relief legislation, telling a Senate committee where they hope to go in coming weeks and months with their regulatory plans, and what more […]
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