22oct31 – 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

Global task force revises list of countries under increased monitoring for illicit funds movement and use in terrorism, other threats

October 31, 2022 0

The intergovernmental Financial Action Task Force (FATF) this month removed Nicaragua and Pakistan from its list of jurisdictions under increased monitoring related to standards for anti-money laundering, countering the financing of terrorism and others, but […]

CFPB to seek more input from public on big-tech firms’ policies, practices

October 31, 2022 0

More input from the public on large technology firms’ use and policies surrounding the huge amounts of consumer data they hold will be accepted by the Consumer Financial Protection Bureau (CFPB) for 30 days following […]

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) [...]