Upcoming Events – Regulatory Report

Fed ends special program, will now address crypto, fintech in banks through regular supervisory process

August 15, 2025 0

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 announced Friday. In Friday’s announcement, [...]
OCC updates bank accounting advisory guide; revises content, removes outdated questions

August 15, 2025 0

Answers to frequently asked questions from banks and examiners on a variety of accounting topics are outlined in an update to the bank accounting advisory series (BAAS) from the national bank regulator, the agency said Friday. According to the Office [...]
AL bank executive pleads guilty to theft, receives 5 years in clink, 5 years in supervised release

August 14, 2025 0

Five years in prison – plus another five years in supervised release – was the sentence for a a former Alabama bank executive convicted of embezzlement, according to the inspector general for the federal bank deposit insurance agency in a [...]
FDIC watchdog wants performance goals, metrics for program overseeing service providers to banks

August 13, 2025 0

A program overseeing service providers to banks does not have performance goals and metrics to measure overall effectiveness and efficiency, according to a report issued Wednesday by the inspector general for the federal bank deposit insurance agency. According to the [...]
Fed invites ‘statements of interest’ in insurance advisory panel membership

August 12, 2025 0

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 yearly for the IPAC, which [...]
CFPB contemplates changes, seeks input on larger-market-participant tests

August 11, 2025 0

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 Financial Protection Bureau (CFPB). Nonbank [...]
OCC developing rule removing ‘reputation risk’ from regs, following Trump’s lead in ‘fair banking’ executive order

August 8, 2025 0

A rule removing references to “reputation risk” in the national bank regulator’s regulations will soon be proposed, and the agency will also review whether banks have engaged in “debanking” and take remedial actions “if appropriate,” the agency’s leader said Friday. [...]