Keith Morton, director of the Southern Region for the National Credit Union Administration (NCUA) and past president of the agency’s Asset Management Assistance Center (AMAC), is retiring Friday, Aug. 29, the agency said. Morton has […]
A binding definition of “risk to consumers” that must be considered in any decision to bring a nonbank service provider under consumer bureau supervision will be out for a 30-day comment period under a notice […]
A “strategic plan town hall” closed to all but industry representatives and their partner organizations will be held Sept. 9 by the National Credit Union Administration (NCUA) to discuss the agency’s strategic plan and priorities, […]
A “novel activities” supervision program implemented in 2023 that focused on certain crypto and fintech activities in banks is ceasing, with such supervision to be integrated into the Federal Reserve’s standard supervisory process, the Fed […]
The Federal Reserve Board opened a solicitation for consideration of membership on its Insurance Policy Advisory Committee (IPAC) and is accepting “statement of interest” through the first Monday of October. The Fed makes this solicitation […]
Changes in the tests for defining larger participants in the auto financing, consumer debt collection, consumer reporting, and international money transfer markets are contemplated in four advance notices of proposed rulemaking (ANPRs) from the Consumer […]
An exemptive relief order for investment advisors (IAs) covered by a September 2024 final rule imposing Bank Secrecy Act (BSA) anti-money laundering (AML) program requirements was issued Tuesday and will remain in effect until Jan. […]
Banks supervised by the Federal Reserve Board are now permitted to obtain a customer’s tax identification number (TIN) from a third party under an exemption order approved July 24 and announced Thursday by the Federal […]
A former loan officer for MassMutual Federal Credit Union (Springfield, Mass.) who reportedly caused more than $900,000 in losses to his credit union has been barred from any future work in any federally insured depository […]
Adam Cohen is poised to take the post of senior deputy comptroller and chief counsel at the Office of the Comptroller of the Currency (OCC) as of Aug. 11, according to the agency. In a […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info