Credit Suisse – Regulatory Report

What's up

[ March 24, 2026 ] Limits on credit union car loan participations eliminated under latest dereg proposal Federal financial regulation
[ March 23, 2026 ] Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool NCUA
[ March 20, 2026 ] Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay The Fed
[ March 19, 2026 ] Agencies release three proposals that will result in lower capital for nation’s banks, claiming ‘framework will be improved’ FDIC
[ March 19, 2026 ] Registration open for OCC workshops for community bank directors, senior management OCC

Swiss bank faces $655 million in fines from U.S., European regulators over conduct of failed institution it took over

July 24, 2023 0

The conduct of a failed Swiss bank has earned the financial institution that took it over in June a $268.5 million fine, the Federal Reserve said Monday, blaming unsafe and unsound counterparty credit risk management […]

Credit Suisse must correct BSA/AML deficiencies under order with Fed, NY regulator

December 22, 2020 0

Credit Suisse has 90 days to provide the Federal Reserve Bank of New York an acceptable plan for strengthening oversight of Bank Secrecy Act/anti-money laundering (BSA/AML) compliance across its U.S. operations under an order announced […]

Limits on credit union car loan participations eliminated under latest dereg proposal

March 24, 2026 0

No limits on purchase or participation in indirect auto loans serviced by a third party would be imposed on credit unions under a proposal issued by their federal regulator Tuesday. In its so-called “eighth round” of deregulation proposals, the National [...]
Smaller, non-complex credit unions offered latest quarterly version of simplified CECL tool

March 23, 2026 0

The latest life-of-loan—or Weighted Average Remaining Maturity—factors are included in the March 2026 update of the simplified tool the federal regulator provides to smaller credit unions for estimating the allowance for credit losses on loans and leases, the agency said [...]
Fed bars former bank employee over taking customer funds, more; another for faking active duty for leave pay

March 20, 2026 0

A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future service in federally insured financial institutions under a March consent order finding that she withdrew $323,500 from a bank customer’s account for her own benefit. The [...]