19apr25 – Regulatory Report

What's up

[ May 18, 2026 ] Fed’s Powell named chair pro tempore pending swearing-in of Warsh The Fed
[ May 15, 2026 ] NCUA proposal would set standards for credit unions issuing stablecoins NCUA
[ May 15, 2026 ] Rules finalized exempting national banks from state laws on escrow accounts, payments OCC
[ May 15, 2026 ] FDIC updates Q&As about signage denoting deposit insurance coverage FDIC
[ May 14, 2026 ] Miran to resign ‘when or shortly before’ Warsh takes seat as Fed governor and chair The Fed

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 […]

Fed’s Powell named chair pro tempore pending swearing-in of Warsh

May 18, 2026 0

Federal Reserve Board governors on Friday voted to name Jerome (“Jay”) Powell as chair pro tempore, a designation that the Fed said will continue until Kevin Warsh is sworn in as new chair. That swearing in will reportedly occur Friday [...]
NCUA proposal would set standards for credit unions issuing stablecoins

May 15, 2026 0

A proposed rule to sets standards for credit unions approved to act as permitted payment stablecoin issuers (PPSIs) under the GENIUS Act was issued Friday by the National Credit Union Administration (NCUA). The proposal supplements the agency’s January proposal dealing [...]
Rules finalized exempting national banks from state laws on escrow accounts, payments

May 15, 2026 0

Exempting national banks from state laws on real estate escrow accounts and payments is the aim of two final rules issued Friday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said the final rules [...]
FDIC updates Q&As about signage denoting deposit insurance coverage

May 15, 2026 0

Updated questions and answers about regulations governing signs notifying customers and the public of federal bank deposit insurance coverage at covered financial institutions have been published by the insurance agency, it said Friday. The Federal Deposit Insurance Corp. (FDIC) said [...]