Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
The Federal Reserve Board Thursday announced the termination of a cease-and-desist (C&D) order entered into in July 2011 with the Royal Bank of Scotland Group. That order set requirements for risk management and internal controls, […]
Legislation expanding the frequency, scope and coverage of annual regulatory reviews by the federal financial institution regulators was easily passed by the House Tuesday, 264 – 143. The Comprehensive Regulatory Review Act (H.R. 4607) would […]
Federal Reserve Board Gov. Lael Brainard told an economic club in New York Tuesday that continued, gradual increases in the federal funds rate will likely “remain appropriate to ensure inflation rises sustainably to our target […]
A $1.3 billion-in-assets, New Mexico bank holding company has had a five-year-old enforcement action against it by the Federal Reserve terminated, the central bank said Tuesday. In a release, the Fed said it had terminated […]
Three bills – extending the “qualified mortgage” safe harbor, reducing reporting requirements for smaller financial institutions, and combatting the financial network of transnational criminals – were approved by the House Tuesday. All three passed by […]
The Federal Reserve Board is accepting comments until May 14 on check collection rule updates to better address the evolution of the nation’s check collection system to a virtually all-electronic one. The Fed is proposing […]
The Federal Reserve is working with other financial regulators to produce a proposed rule to inject more clarity and transparency into the Volcker rule, Fed Vice Chairman for Supervision Randal Quarles said during a speech […]
Two large banking organizations in New Jersey and Rhode Island were provided “updated expectations” for their next “living wills” from the nation’s central bank and federal deposit insurer Thursday. The Federal Reserve and the Federal […]
Federal Reserve Board Chairman Jerome H. (“Jay”) Powell told the Senate Banking Committee today that the increased thresholds for “systemically important financial institutions” (SIFIs) proposed in legislation presumed headed for Senate action next week would […]
A final publication of a collection of educational materials outlining the lifecycles and security profiles of today’s primary payment methods will be the last act of the Federal Reserve’s task force on secure payments, the […]
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