The financial system today is much stronger today than 10 years ago, when the financial crisis began, and in better position to handle needs of both households and businesses – largely through efforts of the […]
Two reports focused on the impact on small businesses in Puerto Rico of Hurricanes Maria and Irma – use of and availability of credit, insurance coverage (or lack of it) and prospects for a full […]
A supervisory agreement entered into in May 2010 over unsafe and unsound “and/or violations of law or regulation” by Presidential Holdings Inc., Bethesda, Md., was terminated Tuesday by the Federal Reserve Board. The supervisory agreement […]
A bill to create a Treasury-led financial technology (fintech) task force to improve public and private sector coordination on ways to reduce terrorist and illicit use of new financial technologies, including digital currencies, was passed […]
One of the most important lessons of the financial crisis of 10 years ago is the stability of the financial system – and the Fed is using the tools it has to maintain stability, the […]
Federal financial institution regulators have taken at least 35 individual public actions since late May to put into effect the new regulatory relief legislation, according to a compilation of the actions by Regulatory Report. According […]
The coming week brings a mix of developments related to federal banking regulation and policy, including another potential rate hike from the Fed, consumer bureau advisory council meetings (the first held since the panels were […]
The Federal Deposit Insurance Corp. (FDIC) is joining the Federal Reserve and the Conference of State Bank Supervisors (CSBS) in sponsoring the annual Community Banking in the 21st Century research and policy conference. The sixth annual […]
Essentially cleaning up its regulatory roster, the Federal Reserve Friday proposed rule changes that reflect the transferal of its jurisdiction over certain mortgage-licensing related rules to the federal consumer financial protection agency. The Fed is […]
Legacy swaps entered into before the applicable compliance date will not become subject to swap margin requirements if they are amended solely to comply with the requirements of qualified financial contracts (QFCs) of systemically important […]
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