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What's up
  • [ August 20, 2026 ] Fed makes public two consents to prohibitions, both for misappropriation of customer funds The Fed
  • [ August 20, 2026 ] Crews awaits swearing-in to seat on NCUA Board NCUA
  • [ August 19, 2026 ] With GENIUS Act date looming, OCC chief says rules will be ready in November OCC
  • [ August 17, 2026 ] FinCEN rule exempting U.S. firms from beneficial ownership reporting in effect Other
  • [ August 13, 2026 ] Banks flagged nearly $5 billion in suspected human trafficking, agency finds in BSA data Other
Home19may21

19may21

FDIC

Agencies bring forward proposal, comment request, on reg capital requirements for mid-sized holding companies of FBOs

May 21, 2019 0

A proposal to determine the application of regulatory capital requirements for intermediate-sized holding companies of foreign banking organizations (FBOs) is set to be published Friday by the federal banking agencies. Comments will be due June […]

OCC

Does your business have a bank account? OCC wants Congress to require info on who owns the entity under ‘beneficial ownership’

May 21, 2019 0

Congress should establish a consistent, nationwide requirement that legal entities provide and update accurate beneficial ownership information, a top official of the regulator of national banks told a Senate committee Tuesday. In testimony before the […]

NCUA

Agency charters first new federal credit union of 2019 (matching 2018 tally)

May 21, 2019 0

The first federal credit union chartered in 2019 is now on the books, according to the federal regulator of the financial cooperatives, with service anticipated to 4,200 members and a variety of small businesses related […]

The Fed

Fed chair (again) points to business debt as possible trouble spot, but stops short of citing risk to financial stability

May 21, 2019 0

While rising business debt does not elevate risk to financial system stability, the level of debt could stress borrowers if the economy weakens, the chairman of the Federal Reserve Board said Monday. In a speech […]

CFPB

Consumer bureau’s consumer advisory board, bank and CU advisory councils, scheduled to meet June 5-6

May 21, 2019 0

Meetings of advisory councils and board of the federal consumer financial protection agency are on tap for next month, according to notices set for publication as early as Wednesday. In filings with the Federal Register […]

NCUA

Credit unions will begin receiving $160 million payout from regulator this week

May 21, 2019 0

More than 5,500 credit unions are beginning to receive statements this week showing their share of a $160 million payout by their federal regulator of excess funds from the federal insurance fund for the cooperative […]

Today

  • Fed makes public two consents to prohibitions, both for misappropriation of customer funds

    August 20, 2026 0
    Two more former bank workers have consented to prohibition orders, both for misappropriation of customer funds, the Federal Reserve said Thursday. The one of the prohibitions is for a former employee at Regions Bank, adding to the at least four [...]
  • Crews awaits swearing-in to seat on NCUA Board

    August 20, 2026 0
    There’s been no news yet of the swearing-in of John Crews to a term on the board of the National Credit Union Administration (NCUA), which is apparently working with all three board seats vacant. Crews, a Treasury official, was nominated [...]
  • With GENIUS Act date looming, OCC chief says rules will be ready in November

    August 19, 2026 0
    Banking regulators are working to complete final rules on the application procedure banks must follow to issue payment stablecoins, with one agency on Wednesday pledging it will have a final rule ready in November. Meanwhile, a proposed rule from the [...]
  • FinCEN rule exempting U.S. firms from beneficial ownership reporting in effect

    August 17, 2026 0
    Exemptions from beneficial ownership reporting by U.S. companies in place under a March 2025 interim rule became final as of Friday, Aug. 14, according to a Federal Register notice. The Aug. 14 notice shows the final rule from the Treasury’s [...]
  • OCC updates advisory series on bank accounting

    August 14, 2026 0
    Its annual update to the Bank Accounting Advisory Series (BAAS), with answers to frequently asked questions (FAQs) and updates on accounting industry standards, was released Friday by the Office of the Comptroller of the Currency (OCC). The OCC, in Bulletin [...]

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