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What's up
  • [ December 10, 2025 ] OCC says 9 biggest supervised banks engaged in ‘debanking’; more to come OCC
  • [ December 10, 2025 ] UPDATED: Credit union regulator launches ‘first round’ of changing, eliminating ‘overly burdensome’ regulations NCUA
  • [ December 10, 2025 ] FinCEN says virtual currency trading platform facilitated suspicious activity; imposes $3.5 million penalty Other
  • [ December 9, 2025 ] Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending OCC
  • [ December 9, 2025 ] OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions OCC
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19nov8

The Fed

Fed proposes extending, by 18 months, counterparty credit limit rule compliance for foreign banks

November 8, 2019 0

A proposal to extend by 18 months the initial compliance dates for foreign banks subject to the Federal Reserve’s single-counterparty credit limit rule was issued by the agency Friday, with a 30-day comment period. The […]

Other

In secret session, regulators’ council names new executive director, hears CECL presentation

November 8, 2019 0

Stephen Ledbetter is the new executive director of the umbrella council of federal financial regulators that works to oversee financial stability, the group said Thursday. In a release describing its latest meeting (on Nov. 7), […]

Other

Latest audit of TARP financials shows estimated lifetime cost of $32.4 billion (after recoveries)

November 8, 2019 0

A final cost of $32.4 billion is estimated for the fund that was established in 2008 to help prevent the U.S. financial system’s collapse as the financial crisis reached its zenith, the congressional watchdog said […]

The Fed

In speech, Fed governor says central bank will need to assess financial system for climate risk vulnerabilities

November 8, 2019 0

The financial system needs to be resilient to the effects of climate change, and the nation’s central bank will need to assess the system for vulnerabilities to important climate risks, a Federal Reserve Board governor […]

The Fed

Proposal to increase thresholds for fee assessments to be issued, as mandated by reg relief law

November 8, 2019 0

The minimum threshold for being considered an “assessed company” would rise to $100 billion (from $50 billion) for bank holding companies under a proposal scheduled to be published in the Federal Register Tuesday. Under the […]

Today

  • OCC says 9 biggest supervised banks engaged in ‘debanking’; more to come

    December 10, 2025 0
    A five-page report (plus cover) providing “preliminary findings” of a supervisory review of purported “debanking” activities by the nine largest banks it supervises was released Wednesday by the Office of the Comptroller of the Currency (OCC). The OCC’s review, still [...]
  • UPDATED: Credit union regulator launches ‘first round’ of changing, eliminating ‘overly burdensome’ regulations

    December 10, 2025 0
    Calling it the “first round” of proposed regulatory changes, the federal credit union regulator Wednesday released a laundry list of rules it said it intends to change or remove. According to the National Credit Union Administration (NCUA), it plans to [...]
  • FinCEN says virtual currency trading platform facilitated suspicious activity; imposes $3.5 million penalty

    December 10, 2025 0
    A convertible virtual currency, peer-to-peer trading platform was fined $3.5 million for allegedly facilitating more than $500 million in suspicious activity involving “a host of illicit actors,” Treasury’s financial crimes enforcement arm said. The fine against Paxful, Inc., and Paxful [...]
  • Comptroller jumps on board to oppose state enforcing usury laws on out of state bank, fintech lending

    December 9, 2025 0
    The courts, or Congress, should remedy the outcome of a legal case decided last month that out-of-state banks and fintech partners lending to someone in Colorado must comply with state interest rate caps, the national banking regulator said Tuesday as [...]
  • OCC letter: Banks permitted to engage in ‘riskless’ principal crypto-asset transactions

    December 9, 2025 0
    Banks may engage in “riskless” principal crypto-asset transactions with and on behalf of their customers, according to an interpretive letter released Tuesday by the Office of the Comptroller of the Currency (OCC). The letter, from the agency’s senior deputy comptroller [...]
  • New credit union, third this year, will provide lending, saving to CA underserved area

    December 8, 2025 0
    A new credit union will soon be offering financial services – including mortgages and home equity loans — to its membership in the Bay Area of California, its federal regulator said Monday. The charter for Haven Federal Credit Union(FCU)  – [...]
  • Three banks ‘outstanding,’ three others ‘need improvement,’ FDIC says in latest CRA report

    December 8, 2025 0
    Three banks earned ratings of “outstanding” for their compliance with anti-redlining rules in results of examinations in September, the federal bank deposit insurance agency said Friday. However, three other banks earned ratings of “needs improvement” and the remaining 52 banks [...]

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