The Board of Governors of the Federal Reserve System (Board) is requesting comment on whether it should propose amendments to its Regulation D (Reserve Requirements of Depository Institutions, to lower the rate of interest paid […]
The OCC, Federal Reserve Board, FDIC, FCA, and FHFA (each an Agency and, collectively, the Agencies) are adopting and invite comment on an interim final rule amending the Agencies’ regulations that require swap dealers and security-based […]
Financial Stability Board Agenda At the Joint Conference of the European Central Bank and the Journal of Money, Credit and Banking: Financial Intermediation, Regulation and Economic Policy: The 50th Anniversary of the Journal of Money, […]
Ask the Regulators: Changes to the Current Expected Credit Losses accounting standard The webinar will cover the significant differences financial institutions should expect in their accounting procedures following the CECL changes, scheduled for 2022. Hosted […]
A webinar on the new current expected credit loss (CECL) accounting standard that will cover “significant differences” credit unions and other financial institutions should expect once the standard takes full effect is set for April […]
Federal banking and credit union regulators – along with state supervisory authorities – will provide “appropriate regulatory assistance” to financial institutions they oversee that are affected by the massive flooding in the upper Midwest, the […]
Federal Reserve banks saw their earnings drop by nearly 22% in 2018 – or $17.6 billion — from the previous year, to $63.1 billion, the central bank reported Friday. In the Federal Reserve System’s annual […]
A Fintech Advisory Group formed to provide the Federal Reserve Bank of New York with perspectives and insight on financial technology (fintech) issues and their impacts on the markets – and the bank – was […]
Interchange fees across all debit and general-use prepaid cards (exempt and covered) totaled $20.73 billion in 2017, an increase of 5.9% since 2016, the Federal Reserve said Thursday. In its report, 2017 Interchange Fee Revenue, Covered […]
A December 2018 cease-and-desist order regarding Bank Secrecy Act/anti-money laundering deficiencies of Commercial State Bank, Andrews, Texas, has been terminated, the Federal Reserve Board announced Thursday. The consent order, also signed by Texas’ state banking […]
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