Speech: Federal Reserve (Vice Chairman Clarida)
Speech: Vice Chairman Richard H. Clarida The Federal Reserve’s Review of Monetary Policy Strategies, Tools, and Communications At the 2019 U.S. Monetary Policy Forum, New York, New York
Federal Reserve
FDIC
Banking agencies extend comment period by one month for counterparty credit risk measuring proposal
The comment period was extended Friday by one month for a proposed rule to update the standards for regulators about how financial firms measure counterparty credit risk posed by derivative contracts. The extension means comments […]
The Fed
Fed corrects a variable for 2019 stress tests
An error in a historical dataset provided to banking organizations for 2019 Dodd-Frank Act stress tests was corrected, and the stress scenarios reissued, Wednesday, the Federal Reserve Board said in a release. The correction was […]
The Fed
Fed’s stress test proposal set to publish in Federal Register Thursday
The public comment deadline of Feb. 19 remains as is – so far – but the Federal Reserve Board’s proposal to revise its stress-test rules to conform with requirements of last year’s regulatory relief law is finally […]
The Fed
Fed launching consumer finance survey in March (running through December)
A statistical study of household finances aimed at providing policymakers with “important insight” into the economic condition of a broad cross-section of American families will get underway in March, the Federal Reserve said Wednesday. The […]
FDIC
Final rule for three-year CECL phase-in of ‘day-one adverse effects’ finally set for publication
A final rule providing the option for financial institutions and firms to phase in over a three-year period the day-one regulatory capital effects of the “current expected credit losses” (CECL) accounting methodology is finally scheduled […]
The Fed
Feb. 14 is deadline to ask inclusion in new Fed-led Fraud Definitions Work Group
Payments industry leaders with specific expertise have only until Thursday, Feb. 14, to express their interest in joining a new Fraud Definitions Work Group led by the Federal Reserve and focused on developing recommendations for […]
FDIC
Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations
Title: Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations Subject: CECL Agency: FDIC, Federal […]
Regulation lookup
Rules of Practices for Hearings
Title: Rules of Practices for Hearings Subject: CMP Agency: Federal Reserve Status: Final rule Summary: The Board of Governors of the Federal Reserve System (the “Board”) is issuing a final rule amending its rules of […]
The Fed
Fed chairman suggests CRA rule reform would be path to encourage service to rural, underserved areas
The financial needs of many rural and underserved communities may be overlooked, particularly as banks deploy online and other “non-branch delivery systems,” but revisions to rules implementing anti-redlining law may be a way to encourage […]