The Financial Stability Oversight Council (FSOC) is accepting comments until April 18 on recent changes to its hearing procedures addressing appeals by certain large firms objecting to their treatment as “non-bank” entities subject to consolidated […]
Legislation that exempts non-bank financial companies from annual “stress tests” was approved by the House Tuesday. However, the House agreed to amend the bill with a provision from Rep. Maxine Waters (D-Calif. and ranking member […]
The Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) on Tuesday sent Congress a report on their 2017 activities to combat illegal debt collection practices. The report on the agencies’ administration of the […]
Three final rules, two proposed rules, one set of technical amendments and a policy statement were approved by the Federal Deposit Insurance Corp. (FDIC) Board at its quarterly meeting Tuesday in Washington. All seven actions […]
Closing the temporary fund meant to resolve troubled corporate credit unions is among the top achievements cited by the federal regulator of credit unions in its annual report for last year. In its annual report […]
The federal insurance fund for bank deposits is expected to reach its statutory reserve target by the second half of this year – good news for larger banks, which will see quarterly surcharges end when […]
The National Credit Union Administration (NCUA) Board’s March 15 proposal on suspension and debarment of contractors and advance notice of proposed rulemaking (ANPR) on federal credit union (FCU) bylaws are slated for publication Wednesday in […]
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