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HomeAdjustable Interest Rate (LIBOR) Act

Adjustable Interest Rate (LIBOR) Act

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The Fed

Aug. 29 is deadline for comments on Fed-proposed rule on LIBOR contract default rules

July 28, 2022 0

Comments are due Aug. 29 on a Federal Reserve proposal setting default rules for certain contracts that use the London Interbank Offered Rate (LIBOR) but which won’t expire before LIBOR is discontinued after June 30, […]

Today

  • Kansas bank found ‘significantly undercapitalized,’ must seek acquisition, merger with another institution

    July 2, 2026 0
    A Lenexa, Kansas, bank is “significantly undercapitalized” and has adopted a prompt corrective action directive prepared by the Federal Reserve, the agency said Thursday. Small Business Bank of Lenexa adopted the prompt corrective action directive after being found undercapitalized by [...]
  • Agency promotes from within for leader to oversee supervisory data, systems

    July 2, 2026 0
    Supervisory data, systems, reports and analytics, in support of supervision objectives and the national bank regulator’s mission, will be the responsibility of Jamie Wilds, the agency announced Thursday. In a release, the Office of the Comptroller of the Currency (OCC) [...]

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