Top headlines in today’s news …
The National Credit Union Administration (NCUA) is “closely monitoring” Hurricane Florence, has provided information resources online and, if necessary, “will be ready to assist credit unions with maintaining or restoring operations,” the agency said in […]
Five policies and practices aimed to clarify use of supervisory guidance were issued in a joint statement Tuesday by the five federal financial institution regulatory agencies, which the agencies said were meant to clarify that […]
The House Financial Services Committee is set to begin mark-up Thursday of 14 pieces of legislation that range in focus from, among other things, Federal Reserve operations and monetary policy (for example, removing employment from […]
Meetings of three advisory councils, with their newly appointed memberships, of the federal consumer financial protection agency are scheduled for Sept. 27, according to filings Tuesday in the Federal Register. The Bureau of Consumer Financial […]
Federal savings associations with $20 billion or less in consolidated assets could elect to operate with national bank powers – while taking on the duties and restrictions applied to national banks – under a proposed rule issued Monday […]
As the tenth anniversary approaches of the failure of a huge Wall Street investment bank – considered by many the advent of the financial crisis – participants and observers of that event are speaking out […]
Questions about rulemaking under the recently enacted regulatory relief law – with the first hearing set to feature appointees to the four bank and credit union agencies by the current president – will get at […]
The exceptive relief for financial institutions from Financial Crimes Enforcement Network (FinCEN) beneficial ownership rule requirements regarding certain account rollovers and renewals is now permanent, the law enforcement agency announced Friday. The relief, first provided […]
The Bureau of Consumer Financial Protection (BCFP) on Friday announced new memberships for three councils to advise the bureau director on consumer, community bank and credit union views regarding the agency’s supervisory and rulemaking activities. […]
Continuing cybersecurity examinations of consumer reporting agencies (CRAs), such as Equifax and other credit reporting organizations, will be conducted by the federal consumer financial protection – but only if cybersecurity is identified as a priority […]
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