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 […]
A webinar providing more information for federally chartered credit unions (FCUs) on recent rule changes affecting membership regulations for the cooperative financial institutions is set for Oct. 24, the federal credit union regulator said Tuesday. […]
Federally chartered credit unions may use a written narrative to meet requirements for expanding their membership scope in a community, as long as the narrative demonstrates the institution’s ability for serve the community and intent […]
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 […]
Chairman Jelena McWilliams will both open and close the Oct. 10 meeting of the Advisory Committee on Community Banking of the Federal Deposit Insurance Corp. (FDIC), the agency noted Thursday in releasing the agenda for […]
One of the tasks of central banks is to demonstrate that they are “appropriate institutions” in democratic societies, the vice chairman of the U.S. central bank said in remarks Thursday, supporting the continued independence of […]
Promoting consistency across business areas and fostering a deeper culture of openness is the aim of the “Trust through Transparency” initiative unveiled by the chairman of the Federal Deposit Insurance Corp. (FDIC) Wednesday. Jelena McWilliams, […]
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 […]
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 […]
As federal financial institution regulators spoke Tuesday to Senate Banking Committee members in testimony and during questions and answers, many words and terms were thrown about. But one term noticeably was left unsaid: EGRRCPA, as […]
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