Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Switching interdealer trading conventions from the current LIBOR to a new alternative rate developed (and promoted) by the Federal Reserve Bank of New York was recommended Tuesday by the federal agency overseeing the commodities markets. […]
A former personal banker who worked at a Phoenix, Ariz., branch of BBVA USA (Birmingham, Ala.) has been prohibited from participating in the affairs of any federally insured financial institution under a consent order announced […]
Coordination with other federal banking regulators on financial technology (fintech) firms’ use of alternative data, better communication on issues related to post-stress capital ratios, and a process to articulate certain risk tolerance levels are urged […]
The nation’s central bank said it plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that ceased its purchases of eligible assets Dec. 31. […]
The latest collection of feedback from the Federal Reserve’s 12 districts notes slight to moderate loan growth in most districts, not much change (overall) in credit standards, still-strong growth in deposits due to recent stimulus […]
Steps that should be taken now and through the rest of the year by those with exposure to soon-to-be-defunct LIBOR are outlined in a “roadmap” issued Wednesday by an international group of financial regulators. In […]
A “new and comprehensive” set of rules – but whose concepts are like existing regulations – to govern the Federal Reserve’s new round-the-clock instant payments service was proposed Tuesday by the agency. According to the […]
A single interest on reserve balances (IORB) rate will replace two former rates under a final rule amending Regulation D announced Tuesday by the Federal Reserve. The rule takes effect July 29; it contains no […]
Modifying the policy on payment system risk (PSR) to expand access to collateralized capacity and clarifying terms for accessing and retaining uncollateralized capacity were proposed by the Federal Reserve Friday. The PSR governs the provision […]
Banks’ community development activities to help revitalize areas in Puerto Rico and the U.S. Virgin Islands following Hurricane Maria will continue to receive favorable Community Reinvestment Act (CRA) for 36 months, federal regulators said Thursday. […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info