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What's up
  • [ May 8, 2025 ] OCC restores previous merger act rules; comments due in 30 days OCC
  • [ May 7, 2025 ] Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles OCC
  • [ May 6, 2025 ] ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered CFPB
  • [ May 5, 2025 ] OCC’s RFI asks about obstacles to community banks going digital OCC
  • [ May 5, 2025 ] FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’ FDIC
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CFPB

CFPB annual audit recommends actions related to travel, contracts

April 19, 2018 0

The budget process relative to policies and procedures is among the items outlined in the annual independent audit of the federal consumer financial protection agency, published Wednesday. Among the recommendations included in the document are […]

Other

National registry of appraisal management companies opens in July

April 19, 2018 0

The federal panel that sets real estate appraisal requirements and rules will open its national registry of appraisal management companies (AMCs) to the states by July 16, six weeks later than originally planned. States that […]

The Fed

FDIC’s split with Fed, OCC over leverage capital ratio gets attention in Senate hearing with Quarles

April 19, 2018 0

The division among federal banking regulators over last week’s proposed leverage capital rule change for banks was questioned by Senate Democrats during a Senate Banking Committee hearing Thursday with Federal Reserve Board Vice Chairman for […]

FDIC

Report examines shortcomings in FDIC information security, reporting systems (including to Congress)

April 19, 2018 0

A report making recommendations to address systemic issues associated with the federal deposit insurer’s information security incident response and reporting – particularly to members of Congress – was released Monday by the agency’s office of inspector […]

The Fed

Central banker fires warning shot at ‘better tailored’ rules; urges big banks be pushed to keep capital buffers intact

April 19, 2018 0

A Federal Reserve governor warned regulators Thursday to push large banks to keep their capital buffers intact to avoid trouble during financial downturns, adding that even conditions today are “somewhat stretched.” In remarks to the […]

NCUA

CU regulator gives nod to shorter, TV/radio-friendly ‘official statement’ for advertising

April 19, 2018 0

A final rule revising parts of the federal credit union regulator’s rules allowing an option to make television and radio advertising less cumbersome, and making other changes, was approved Thursday by the agency’s board. The […]

NCUA

NCUA adopts revised, final rule on capital planning, stress testing to give ‘relief’ to larger credit unions

April 19, 2018 0

A final rule on capital planning and stress testing for large credit unions, giving those institutions more control over the testing action, was approved by the federal regulator of credit unions Thursday. The National Credit […]

Today

  • OCC restores previous merger act rules; comments due in 30 days

    May 8, 2025 0
    The national bank regulator is restoring its pre-2024 business combinations rule under the Bank Merger Act (BMA), undoing the rule adopted last September and also rescinding its related policy statement. The changes by the Office of the Comptroller of the [...]
  • Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

    May 7, 2025 0
    National banks and federal savings associations may buy and sell crypto assets held in custody, the national bank regulator confirmed Wednesday in an interpretive letter. The Office of the Comptroller of the Currency (OCC) said the banks may transact the [...]
  • ‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

    May 6, 2025 0
    Enforcement of last year’s interpretive rule on “buy now, pay later” loans will not be prioritized and could be rescinded in the future, the Consumer Financial Protection Bureau (CFPB), the bureau said Tuesday. As with other rules the bureau has [...]
  • OCC’s RFI asks about obstacles to community banks going digital

    May 5, 2025 0
    Questions about the key challenges and barriers faced by community banks in adopting and implementing digital banking solutions are posed in a request for information (RFI) announced Monday by the national banking regulator. The Office of the Comptroller of the [...]
  • FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

    May 5, 2025 0
    Of the 64 banks assigned ratings under the federal anti-redlining statute this February, three were rated “outstanding” and 2 were rated “needs to improve,” the federal bank deposit insurer said Monday. The remaining 57 banks were deemed “satisfactory” under the [...]
  • Enforcement of ECOA small-business loan data collection deprioritized at CFPB

    May 1, 2025 0
    Add the agency’s Equal Credit Opportunity Act (ECOA) small-business loan data collection rule to those the Consumer Financial Protection Bureau (CFPB) won’t be going out of its way to enforce. The bureau said Wednesday that in light of a stay [...]
  • Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

    May 1, 2025 0
    About half of banks – out of 25 total – earned “outstanding” ratings for their compliance with anti-redlining regulations during April, the regulator of national banks said Thursday. In its latest monthly release of ratings for compliance with Community Reinvestment [...]
  • Texas commissioner re-elected as chair of state liaison committee to Exam Council

    May 1, 2025 0
    The Texas commissioner of banking will serve as the chair of the state regulator liaison committee for another year to the umbrella group of federal financial institution regulators, the agency announced Thursday. Charles G. Cooper, commissioner of the Texas Department [...]

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