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What's up
  • [ February 13, 2026 ] FinCEN pares down beneficial ownership reporting requirements as effort to ‘modernize’ BSA Other
  • [ February 13, 2026 ] NCUA doubles max amount for newly chartered CU, urgent needs grants NCUA
  • [ February 13, 2026 ] Exam council shrinks uniform report peer groups from 12 to three for smaller banks Other
  • [ February 13, 2026 ] Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs Other
  • [ February 12, 2026 ] Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5 FDIC
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House gives nod to bill calling on regulators to calculate counterparty credit risk exposure

July 10, 2018 0

Legislation designed to facilitate liquidity in options markets by calling on federal banking agencies to provide targeted capital relief was approved by the House Tuesday on a 368-19 vote. The Options Markets Stability Act (H.R. 5749), […]

The Fed

Powell to talk monetary policy, and likely more, during Senate Banking hearing next week

July 10, 2018 0

The head of the nation’s central bank is scheduled to appear before the Senate Banking Committee next Tuesday to give his second semiannual report to Congress on monetary policy. Federal Reserve Board Chairman Jerome (“Jay”) […]

FDIC

Guidance offers regulatory relief for Texas banks affected by summer storms

July 10, 2018 0

Facilitating recovery from late June severe storms and flooding in Texas — which caused significant property damage in some areas of the state and triggered a July 6 federal disaster declaration — is the aim […]

Seminar
OCC

OCC hosts risk governance, credit risk workshops for bank directors next month

July 10, 2018 0

Two workshops for directors of national community banks and federal savings associations supervised by the Office of the Comptroller of the Currency (OCC) will be hosted by the agency in St. Louis Aug. 21 and […]

CFPB

83 comments received on bureau’s ‘financial education programs’ RFI; one RFI to go

July 10, 2018 0

A total of 83 comment letters were received on the consumer financial protection bureau’s request for information (RFI) on its financial education programs as of midnight Monday, the close of the public comment period, according […]

CFPB

With deputy director resignation, consumer bureau acting director appoints acting deputy director

July 9, 2018 0

Brian Johnson is the new acting deputy director for the federal consumer financial protection agency, taking the place of the former incumbent who officially resigned Monday. Johnson was selected for the position by Bureau of […]

FDIC

Agencies post public portions of ‘living wills’ for 4 foreign banking firms

July 9, 2018 0

The public portions of resolution plans for four foreign banking organizations – Barclays PLC, Credit Suisse Group AG, Deutsche Bank AG, and UBS AG – were published Monday by the Federal Reserve Board and Federal […]

Today

  • FinCEN pares down beneficial ownership reporting requirements as effort to ‘modernize’ BSA

    February 13, 2026 0
    A requirement to identify and verify the beneficial owners of a legal entity customer each time the customer opens a new account has been removed for some banks by the Treasury’s financial crimes enforcement arm, it said Friday. The order [...]
  • NCUA doubles max amount for newly chartered CU, urgent needs grants

    February 13, 2026 0
    The federal credit union regulator is increasing its maximum award amount for grants available to low-income-designated credit unions from $7,500 to $15,000, the agency said Friday. The newly chartered and urgent needs grants come from the Community Development Revolving Loan [...]
  • Exam council shrinks uniform report peer groups from 12 to three for smaller banks

    February 13, 2026 0
    Banking industry consolidation leading to disappearing peer groups for bank examination purposes has led to changes to uniform performance reports by the umbrella group for federal financial regulators, the agency said Friday. The Federal Financial Institution Examination Council (FFIEC) said [...]
  • Whistleblowers on BSA, sanctions can use new website; Treasury tightens scrutiny on MSBs

    February 13, 2026 0
    Tips involving violations and conspiracies related to the Bank Secrecy Act (BSA), U.S. sanctions programs, and several other laws affecting financial system security may be entered through a new whistleblower website announced Friday by the Treasury’s financial crimes enforcement arm. [...]
  • Agencies release stress test scenarios with 28 variables for ’26; submissions due by April 5

    February 12, 2026 0
    Stress test scenarios for banks with $250 billion or more in assets were released Thursday by two federal banking regulators, with submissions due by April 5 and public release of the results required between June 15 and July 15. In [...]
  • Former bank employee barred for taking customer funds

    February 12, 2026 0
    A former relationship banker at Regions Bank, Birmingham, Ala., is barred from any future work in federally insured depository institutions under a February consent order with the Federal Reserve Board. The Fed, in the order released Thursday, said that Nicole [...]
  • Late to the game, credit union regulator issues proposal to allow for stablecoin issuers under GENIUS

    February 11, 2026 0
    Credit unions that want to become “permitted payment stablecoin issuers” will get that opportunity under a rule proposed Wednesday by their federal regulator, lagging other federal supervisors. The National Credit Union Administration (NCUA) said the proposal implements provisions of the [...]
  • Latest deregulation proposal would ease credit unions’ path to convert to mutual savings bank

    February 10, 2026 0
    Credit unions would have an easier path to convert to mutual savings banks (MSBs), and other changes, under the latest round of deregulation proposed by their federal regulator Tuesday. The National Credit Union Administration (NCUA), in what it said is [...]
  • FDIC gives more time to comment on GENIUS Act rule proposal

    February 10, 2026 0
    The comment period on a proposed rule issued setting procedures for insured, state-chartered nonmember banks or savings associations to seek federal approval to issue stable coins through a subsidiary is extended to May 18, the federal deposit insurer said. The [...]

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