Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Federal and state financial institution regulators teamed up Wednesday to issue a joint statement on supervisory practices regarding financial institutions affected by Hurricane Michael, which careened through the eastern Gulf Coast the same day. The […]
A recent joint agency statement on resource-sharing as a way to better manage Bank Secrecy Act/anti-money laundering (BSA/AML) programs was forwarded individually by regulators to the institutions they supervise – most noting that such collaboration is […]
A final rule that conforms provisions of the Swap Margin Rule with banking agency rules limiting certain qualified financial contracts (QFCs) has been adopted as proposed and is set to take effect Nov. 9. The […]
Regulators were on stage this past week, discussing initiatives, implementation of the new regulatory relief law, their roles and what they wanted from Congress – among other things – in different venues, but all on […]
One of the tasks of central banks is to demonstrate that they are “appropriate institutions” in democratic societies, the vice chairman of the U.S. central bank said in remarks Thursday, supporting the continued independence of […]
Despite recent criticisms from President Donald Trump, the Federal Reserve Board is not concerned about the independence of the organization, the agency’s chairman told a Washington gathering Wednesday. “My focus is on essentially controlling the […]
Types of instances in which banks and credit unions may form collaborative arrangements to share resources to better manage their Bank Secrecy Act/anti-money laundering (BSA/AML) responsibilities are addressed in a statement issued jointly on Wednesday […]
Developing a nationwide, real-time interbank settlement payment system would “significantly improve” the prospect that a financial institution of any size would have access to faster payments, and keep the United States apace with other nations […]
Two actions the Federal Reserve Board could take to support real-time interbank settlement of faster payments in the United States are detailed in a request for comments issued Wednesday under a public comment deadline of […]
Cybersecurity issues and lending bubbles top the list of potential risks to today’s financial system, according to comments offered by bank and credit union regulators during a hearing Tuesday on implementation of this year’s financial […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info