Feedback on the collection, use and protection of sensitive information by financial regulators and private companies is being sought by the leaders of the Senate Banking Committee, toward the ultimate goal of examining how well […]
An error in a historical dataset provided to banking organizations for 2019 Dodd-Frank Act stress tests was corrected, and the stress scenarios reissued, Wednesday, the Federal Reserve Board said in a release. The correction was […]
The federal regulator of national banks and federal savings associations issued a bulletin Wednesday pointing supervised institutions to the proposed stress testing rule that was published this week in the Federal Register. In Bulletin 2019-7, […]
Legislation aimed at offering cannabis/marijuana-related legitimate businesses access to banking services – which would include imposing a number of requirements on federal financial institution regulators – was among the topics of scrutiny during a House […]
The public comment deadline of Feb. 19 remains as is – so far – but the Federal Reserve Board’s proposal to revise its stress-test rules to conform with requirements of last year’s regulatory relief law is finally […]
A statistical study of household finances aimed at providing policymakers with “important insight” into the economic condition of a broad cross-section of American families will get underway in March, the Federal Reserve said Wednesday. The […]
Federal flood insurance requirements that open the door to private flood insurance beginning this summer are summarized for supervised banks and thrifts in a Financial Institution Letter issued Wednesday by the Federal Deposit Insurance Corp. […]
A final rule providing the option for financial institutions and firms to phase in over a three-year period the day-one regulatory capital effects of the “current expected credit losses” (CECL) accounting methodology is finally scheduled […]
Payments industry leaders with specific expertise have only until Thursday, Feb. 14, to express their interest in joining a new Fraud Definitions Work Group led by the Federal Reserve and focused on developing recommendations for […]
The new director of the Consumer Financial Protection Bureau (CFPB) has issued her first semiannual report to Congress in which she describes the actions covered in the report – from April 1 to Sept. 30, […]
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