Promoting “interoperability” by the establishment of joint data standards for financial regulatory data is the aim of a final rule issued Thursday by the five federal financial regulatory agencies. The rule, which applies the Financial […]
June 24, at 4 p.m. ET, is the release date and time for results of the Federal Reserve’s latest stress tests, the agency said late Tuesday, that were conducted with 32 large banks. The latest […]
“Squeezing more life out of every dollar before deciding to spend it” is how middle-income consumers are described in the latest report on economic activity by the Federal Reserve, released Wednesday. Low-income consumers, the latest […]
The banking industry is largely healthy, according to a report issued Wednesday by the Federal Reserve summarizing 2025 conditions, but there are some warning signs such as in delinquent loans. In its Supervision and Regulation […]
References to “reputation risk” have been expunged from interagency documents used by federal banking agencies, the agencies said in a release issued jointly Tuesday. The agencies – Federal Reserve Board, Federal Deposit Insurance Corp. (FDIC), […]
Feedback letters to the eight largest, most complex domestic banking organizations, plus 56 foreign banking organizations, received feedback letters sent jointly by federal regulators on their 2025 resolution plan – or “living will” – submissions. […]
The Treasury Department and federal financial institution regulators are charged in a recent executive order to take action aimed at mitigating potential credit risks post by the “non-work authorized population.” “My Administration will not tolerate […]
Clearing and settling of payments is the aim of a proposed “payment account” by the Federal Reserve, which would be used by legally eligible financial institutions, the agency said late Wednesday. Comments are due July […]
A revised regulatory ratings system for banks and credit unions will be available for public comment for 90 days, the regulators said late Wednesday as the proposed new scheme was unveiled. The ratings regiment – […]
Federal Reserve Board governors on Friday voted to name Jerome (“Jay”) Powell as chair pro tempore, a designation that the Fed said will continue until Kevin Warsh is sworn in as new chair. That swearing […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info