A hearing on the nominations for two members for the Federal Reserve’s board of governors will be held May 15 by the Senate Banking Committee, the panel said in a statement Tuesday. The committee will […]
The Federal Deposit Insurance Corp. (FDIC) has wrapped up the affairs of six defunct banks and announced it terminated its receiverships of the institutions May 1. The six institutions were The Elizabeth State Bank (Elizabeth, […]
The House, voting 234 to 175, on Tuesday adopted a Senate-passed resolution to repeal 2013 guidance from the Bureau of Consumer Financial Protection (BCFP) on indirect auto lenders’ compliance with federal fair lending requirements. The […]
Two actions in which the Federal Deposit Insurance Corp.’s (FDIC) office of inspector general (OIG) partnered with federal law enforcement have resulted in a recent conviction and a recent indictment, the office said Tuesday. In […]
Currency transaction reports (CTRs) will transition to a new format June 1, according to a reminder issued Tuesday by the Financial Crimes Enforcement Network (FinCEN) for batch CTR e-filers. Financial institutions that batch file must […]
A worldwide group of central banks working to promote the safety and efficiency of payment, clearing, settlement and related arrangements released a global strategy for reducing wholesale payments fraud Tuesday. In a report, “Reducing the […]
Financial institution “regulatory relief” will proceed on two fronts in the House this month – including action on legislation already approved by the Senate, and an additional separate piece of legislation, leaders said Tuesday. In […]
A broad array of subjects – including the Home Mortgage Disclosure Act (HMDA), the Electronic Fund Transfer Act (Regulation E), debt collection, and mortgage origination – are on the agenda for the meeting of the […]
Changes to Federal Reserve rules for setting Federal Reserve Banks’ primary credit rate charged to depository institutions take effect June 8, the Fed Board said in an announcement late Monday. A notice is slated for […]
The Federal Reserve will continue to build resilience in the domestic financial system and support efforts to do the same in financial systems around the globe, the central bank’s board chairman said Tuesday. Addressing a […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info