jan2 – Regulatory Report

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[ December 5, 2025 ] Agencies rescind 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’ FDIC
[ December 5, 2025 ] Decrease in reliance on checks for payments has Fed asking ‘should we phase out our services, or upgrade (at higher cost)?’ The Fed
[ December 4, 2025 ] Pair of former U.S. contractors charged with conspiring to delete databases with federal information FDIC
[ December 3, 2025 ] OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration OCC
[ December 3, 2025 ] Misuse of confidential debit card information leads to Ohio banker’s prohibition The Fed

Figuring a HMDA rate spread? Just choose from among three calculators (depending on ‘final action date’)

January 2, 2018 0

Financial institutions, consumers or others attempting to calculate rate spreads for loans reportable under the Home Mortgage Disclosure Act (HMDA) should use one of three online calculators, depending on when “final action” for the loan […]

Long-time economic, policy analyst to take reins of key office for national bank regulator

January 2, 2018 0

A veteran regulator and banker will be the next deputy comptroller of the currency for economic and policy analysis, the federal regulator of national banks announced Tuesday. Norman Williams will succeed the retiring Gary Whalen […]

Fed wants to clarify which motor vehicle dealers are covered under its Reg M – and which are not

January 2, 2018 0

Clarifications about which motor vehicle dealers are subject to the Federal Reserve’s Regulation M – or which are subject to the federal consumer bureau’s rules under the Consumer Leasing Act (CLA) – are being proposed […]

Agencies rescind 12-years-old guidance on leveraged lending; banks told to apply ‘general principles on risk management’

December 5, 2025 0

Recission of guidance issued 12 years ago on leveraged lending was announced Friday by two federal banking regulators, who called it “overly restrictive” and impeding banks’ “risk management principles that guide their other business decisions,” the agencies said in joint [...]
Decrease in reliance on checks for payments has Fed asking ‘should we phase out our services, or upgrade (at higher cost)?’

December 5, 2025 0

With check use steadily declining, check fraud rising, and digital payment methods growing in availability and use, the Federal Reserve wants the public to weigh in on the future of Reserve Banks’ check services, the agency said late Thursday. That [...]
Pair of former U.S. contractors charged with conspiring to delete databases with federal information

December 4, 2025 0

Conspiring to delete databases used to store U.S. government information are the charges faced by two Virginia men who had served as federal contractors, federal banking regulators and prosecutors said Wednesday. According to the Federal Deposit Insurance Corp.’s (FDIC) Office [...]
OCC names former federal prosecutor as deputy chief counsel; will advise on legal, policy, administration

December 3, 2025 0

Advice to senior national bank regulator officials on significant legal, policy and administrative matters affecting the federal banking system will be among the duties of Brian P. Hudak, named new deputy chief counsel of the agency, it said Wednesday. The [...]
Misuse of confidential debit card information leads to Ohio banker’s prohibition

December 3, 2025 0

A former Ohio banker has consented to her prohibition from serving in a financial institution in the future after allegedly obtaining confidential customer information, including debit card information, the Federal Reserve said Wednesday. The Fed said Tahjanae Richardson, a former [...]
Bureau’s consumer advisory group to meet on fair lending/debanking

December 2, 2025 0

The Dec. 10 afternoon meeting of the Consumer Financial Protection Bureau’s (CFPB) Consumer Advisory Board (CAB) will be preceded that morning with one addressing fair lending/debanking, according to a notice on the agency’s website. The CAB is scheduled to meet [...]
NCUA OIG report: 6 credit union failures cost NCUSIF $18.4 million; 2 due to fraud

December 2, 2025 0

Total losses to credit unions’ federal share insurance fund due to credit union failures amounted to about $18.4 million from April through September, according to a recent inspector general semiannual report supplied to Congress. The National Credit Union Administration (NCUA) [...]
No changes for ‘26 assessment rates at OCC, continuing decrease made in fall

December 1, 2025 0

No changes for assessment rates are on tap for 2026 by the national bank regulator, which will continue the reduced rate adopted in September, the agency said Monday. The Office of the Comptroller of the Currency (OCC) said the new [...]
Agencies, in effort to streamline call reports, look for sources of ‘reporting burden’

December 1, 2025 0

Sources of regulatory reporting burden for banks that file call reports are being sought by the federal banking agencies, they said in joint communications Monday, in an effort aimed at streamlining the quarterly reports. “This request for information (RFI) offers [...]

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