Tech firms that use behavioral targeting in their marketing of individual consumers regarding financial products are liable for violations if they do not comply with federal consumer finance protections, the federal consumer financial protection agency […]
Two key rate changes were approved by the Federal Reserve Board in connection with the central bank’s July 27 increase in the federal funds target rate, according to notices Tuesday in the Federal Register on […]
Steps underway now and plans going forward to move to new rates or to update fallback language in a reference rate that goes out of existence next summer are the subject of a survey being […]
Amber Gravius has been named Director of the Office of Business Innovation and Chief Data Officer for the National Credit Union Administration (NCUA), the agency announced Tuesday. According to the NCUA, Gravius previously served in […]
A final rule to require the collection and reporting of small-business loan data under Regulation B (Equal Credit Opportunity Act) is slated for action about March 2023, according to the latest regulatory agenda published by […]
Two directors workshops focusing on credit risk and operational risk are scheduled in Orlando, Fla., Sept. 13 and 14, the agency said Monday. The workshops, hosted by the Office of the Comptroller of the Currency […]
Two events – one virtual, the later one in person – are slated for August and September to begin a discussion with financial institutions and their providers on implementation of an upcoming small-business lending data […]
A proposal to update anti-redlining laws falls short in covering the costs of implementation by banks and does not explain how the benefits exceed the costs, a member of the Federal Reserve Board said Saturday. […]
Done right, a well-designed central bank digital currency (CBDC) may enhance – not weaken – financial stability, according to a blog posting Monday by the Treasury’s financial analysis arm. A key part of that, according […]
A Treasury office created to support financial stability oversight said it will accept applications from experts in a broad range of fields (economics, financial institutions, technology, etc.) to membership in its advisory committee until Sept. 9, […]
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