19apr25 – Regulatory Report

What's up

[ April 21, 2026 ] Proposed rule changes would make it easier for credit union boards to consider conversions, mergers to banks NCUA
[ April 21, 2026 ] FDIC deploys relief for banks serving WA areas affected by storms, flooding, more FDIC
[ April 20, 2026 ] FDIC seeks papers for September research conference FDIC
[ April 17, 2026 ] Banking regulators revise model risk management guidance, rescind previous FDIC
[ April 16, 2026 ] Bank agrees to make restitution after allegedly deceiving customers to take ‘cash out’ VA loans OCC

CFPB, in RFI, seeks input on remittance rule coverage, temporary disclosures exception

April 25, 2019 0

How to mitigate the impact on remittance providers of next year’s expiration of a remittance rule disclosure exception, and just what firms are subject to the rule itself, is the focus of a Consumer Financial […]

Branch of Tokyo-based Sumitomo Mitsui bank latest to face BSA/AML enforcement action

April 25, 2019 0

Another foreign bank operating in the U.S. has found itself at odds with the country’s anti-money laundering regulations and is now subject to an enforcement action, the Federal Reserve said Thursday. Sumitomo Mitsui Banking Corporation […]

Proposed rule changes would make it easier for credit union boards to consider conversions, mergers to banks

April 21, 2026 0

Conversion or merger of a credit union into a bank would be made easier for a credit union board to propose and decide under the latest round of deregulation proposals issued by the federal regulator Tuesday. The National Credit Union [...]
FDIC deploys relief for banks serving WA areas affected by storms, flooding, more

April 21, 2026 0

Measures aimed at helping banking institutions and communities in Washington affected by severe storms, straight-line winds, and other damaging events in December was announced Tuesday by the federal bank deposit insurer. The Federal Deposit Insurance Corp. (FDIC) said in a [...]
FDIC seeks papers for September research conference

April 20, 2026 0

A call for theoretical and empirical appers on banking issues was issued Monday for the Federal Deposit Insurance Corp. (FDIC) 25th Annual Bank Research Conference, slated Sept. 24-25 in Arlington, Va. The agency said topics for papers may include, but [...]
Banking regulators revise model risk management guidance, rescind previous

April 17, 2026 0

The three federal prudential banking regulators on Friday issued revised model risk management guidance generally applicable to banking organizations with more than $30 billion in total assets. The Federal Deposit Insurance Corp. (FDIC), in a release, said the guidance “does [...]