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What's up
  • [ July 17, 2026 ] Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers FDIC
  • [ July 17, 2026 ] OCC updates examiner booklet on allowances for credit losses OCC
  • [ July 16, 2026 ] ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’ FDIC
  • [ July 16, 2026 ] Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer The Fed
  • [ July 16, 2026 ] TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred OCC
Home20dec21

20dec21

CFPB

CFPB, remittance provider settle over findings of ‘thousands’ of remittance rule violations; penalty set at $750k

December 21, 2020 0

A large remittance provider was assessed a $750,000 civil money penalty over “thousands” of remittance rule violations and required to correct its practices under a consent order announced Monday by the Consumer Financial Protection Bureau […]

CFPB

CFPB issues advisory opinion on special purpose credit programs under Reg B

December 21, 2020 0

An advisory opinion clarifying the content that a for-profit organization must include in a written plan that establishes and administers a special purpose credit program (SPCP) under Regulation B, which implements the Equal Credit Opportunity […]

NCUA

Hauptman names former credit union services exec as his senior advisor

December 21, 2020 0

Sarah Canepa Bang has been named senior advisor to Kyle Hauptman, who joined the National Credit Union Administration (NCUA) Board Dec. 14 and was named vice chairman Friday. The NCUA, in a release Monday, said […]

FDIC

Looking for a bank (or data about it)? New look for online tools aimed at making it easier

December 21, 2020 0

If you’re looking for a bank – or information about a bank that you’ve already found – the federal insurer of bank deposits Monday unveiled new looks for doing both. The two new bank data […]

The Fed

Fed keeps big banks’ capital buffer (CCyB) requirement at 0%

December 21, 2020 0

The countercyclical capital buffer (CCyB) that the Federal Reserve uses to increase the resilience of the financial system during times of heightened risk will remain at 0%, the Federal Reserve Board decided Friday. The CCyB […]

The Fed

In wake of stress tests, Fed keeps restrictions on distributions, share repurchases; no changes to capital requirements

December 21, 2020 0

Large banks saw their losses rise to more than $600 billion under conditions simulated under a second stress test conducted by the Federal Reserve – but the banks’ capital ratios, despite the losses, would continue […]

NCUA

Warning signs for human trafficking outlined in webinar set for Jan. 7

December 21, 2020 0

How to spot warning signs of human trafficking is in the spotlight for a webinar next month sponsored by the federal credit union regulator, the agency said Monday. In a release, the National Credit Union […]

The Fed

Waller fills sixth seat on Fed Board after taking oath Friday; still no word on who fills seventh position

December 21, 2020 0

The newest member of the Federal Reserve Board of Governors has now taken his seat after taking the oath of office Friday via a video call, leaving just one seat open on the seven-member board. […]

CFPB

Bureau names two to executive roles as deputy staff chief, assistant innovation director

December 21, 2020 0

Two new executives have been named to the federal consumer financial protection agency, one a new face and the other a “veteran” of the relatively new agency, which was formed after 2010 legislation. Jocelyn Sutton […]

NCUA

Newbie to credit union regulator board (and credit unions) gets new title: vice chairman

December 21, 2020 0

A new title has been bestowed on the newest member of the three-member board for the federal credit union regulator, who is now “vice chairman,” according to a release from the agency on Friday. Kyle […]

Today

  • Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers

    July 17, 2026 0
    Weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers (PPSI) have been proposed by the federal bank deposit insurance agency, it said Friday. The Federal Deposit Insurance Corp. (FDIC) said the new forms were prompted [...]
  • OCC updates examiner booklet on allowances for credit losses

    July 17, 2026 0
    An updated Comptroller’s Handbook booklet on allowances for credit losses (ACL) was issued Friday by the national bank regulator, which rescinded previous guidance. The update is version 2.0 of the “Allowances for Credit Losses” booklet  of the handbook, published by [...]
  • ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’

    July 16, 2026 0
    Reviewing examination materials on the site of the bank exam, rather than transferring the materials onto the examining agency’s systems, is one of the methods outlined in a joint statement issued by regulators Thursday focusing on “enhanced security procedures.” In [...]
  • Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer

    July 16, 2026 0
    Appraisal-related lending misconduct at an Illinois bank has led to the prohibition of the institution’s former chief lending officer, the Federal Reserve said Thursday. The Fed said James Burns, the former chief lending officer of Heritage Bank in Lawrenceville, Ill., [...]
  • TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred

    July 16, 2026 0
    A Dallas, Texas, bank that converted from state to federal charter this May is under a consent cease-and-desist order over previous findings of “significant deficiencies” related to risk management and compliance with anti-money laundering (AML) rules and laws, including the [...]

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