Notices and information from other, related federal agencies of interest (FinCEN, etc.)
The current expected credit losses (CECL) accounting methodology adopted by the accounting industry’s governing board is among the items included on a preliminary executive agenda for a planned Dec. 19 meeting of the Financial Stability […]
Improving the effectiveness and efficiency of anti-money laundering laws – and opening thedoor to bankers for ideas in protecting the financial system from illicit threats – were two objectives outlined by one of the Treasury […]
A joint Senate-House committee has canceled Wednesday’s hearing featuring testimony by the head of the nation’s central bank, citing “the changing congressional schedule.” Federal Reserve Board Chairman Jerome (“Jay”) Powell had been scheduled to testify […]
A vote on the president’s nomination of Kathleen (“Kathy”) Kraninger to a permanent post as director of the consumer financial protection bureau cleared a procedural step Thursday and is on track for a Senate vote […]
Tailoring examination plans and procedures based on risk – and key principles for gauging that risk – are both addressed in a second update issued by the umbrella group for federal financial institution regulators Tuesday. […]
A much-anticipated Senate vote to confirm the next consumer financial protection bureau director is among the top items slated for the coming week, along with speeches about financial stability and monetary policy by the chairman […]
Financial institutions affected by the California wildfires are encouraged to contact their functional regulators as well as the Financial Crimes Enforcement Network (FinCEN) “as soon as practicable” to discuss any delays in their ability to […]
The uncertain future of LIBOR – the London Interbank Offered Rate – and efforts to develop alternative reference rates to serve in its place will be discussed during a Dec. 6 webinar held by the […]
Risks to U.S. financial stability remain “in the medium range,” according to the annual report of the agency created by post-financial crisis legislation to keep a finger on the pulse of the nation’s financial system. […]
A new loan-level dataset that provides insights into borrowers’ experiences in getting residential mortgages was released Thursday for public use by the consumer financial protection bureau and the federal regulator of the housing government-sponsored enterprises. […]
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