21mar05 – Regulatory Report

What's up

[ December 16, 2025 ] Latest new bank — this one in Ohio — will focus on virtual currency market, among other things FDIC
[ December 16, 2025 ] Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act FDIC
[ December 16, 2025 ] DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4% FDIC
[ December 16, 2025 ] OCC system risk report emphasizes innovation; economic, cyber risks eyed OCC
[ December 15, 2025 ] Mortgage holders staying current on loans, but foreclosures on the rise, report shows OCC

Model privacy form, fintechs’ use of alternative data among areas flagged for CFPB action, report shows

March 5, 2021 0

A recent report by the federal agency charged with financial consumer protection provides a window into some of the actions currently underway – including a potential update of the model privacy form explaining information-sharing to […]

Vaccine, economic improvements raising some optimism, but concern remains over lending

March 5, 2021 0

While the accelerating rollout and inoculations of COVID-19 vaccinations are raising economic optimism in some districts across the country, some challenges remain for financial institutions in non-mortgage lending as deposits continue to rise, according to […]

Latest new bank — this one in Ohio — will focus on virtual currency market, among other things

December 16, 2025 0

A newly chartered bank for Columbus, Ohio — which will focus on financial products for businesses and individuals in the technology, payment systems, investment, and defense industries, including virtual currency market participants — was approved for federal deposit insurance Tuesday, [...]
Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act

December 16, 2025 0

Banks wishing to issue payment stablecoins would need to follow an application procedure outlined in a proposed rule issued Tuesday by the board of the federal bank deposit insurance agency. The proposal, if finalized, would execute application provisions contained in [...]
DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4%

December 16, 2025 0

A 16.4% decrease in the budget for 2026 of the federal bank deposit insurance agency is attributable to staffing cuts made at the beginning of the year in line with White House demands, the agency said Tuesday. According to the [...]
OCC system risk report emphasizes innovation; economic, cyber risks eyed

December 16, 2025 0

The importance of innovation in banking is given “special topic” attention in the national banking regulator’s semiannual risk perspective report, which also provides updates on the industry’s credit, market, cybersecurity and fraud risks. The report, released Tuesday by the Office [...]
Mortgage holders staying current on loans, but foreclosures on the rise, report shows

December 15, 2025 0

Consumers are holding their own with their mortgages as banks reported 97.4% current and performing at the end of the third quarter – which was the same level a year ago, the Office of the Comptroller of the Currency (OCC) [...]