Lowering from 9% to 8% the “community bank” leverage ratio (CBLR) in capital requirements was proposed by all three federal bank regulatory agencies Tuesday, which also proposed a longer period for the banks to achieve […]
So-called national “community banks” received some easing of anti-money laundering (AML) requirements under a bulletin issued Monday by their federal regulator. Separately, the Office of the Comptroller of the Currency (OCC) also issued a request […]
A former Wells Fargo Bank executive has won a reprieve from a national bank regulator order earlier this year that would barred her from further financial institution service and assessed a multi-million dollar fine, the […]
So-called “gas fees” – or network fees – may be paid on blockchain networks, the national bank regulator said Tuesday in an interpretive letter, to facilitate “otherwise permissible activities.” The Office of the Comptroller of […]
Data on small business, small farm, and community development lending during 2024 – required by rules implementing anti-redlining laws – was released Thursday by federal banking agencies. In joint releases, the Federal Reserve, Office of […]
The risk-based supervision approach is now incorporated into a booklet used by the national bank regulator to assess compliance with statutes designed to provide protections to active-duty customers in the U.S. armed services, the agency […]
Ten banks, out of 76 examined, earned “outstanding” ratings for their compliance with anti-redlining laws, two federal bank regulators said Monday. In reporting on Community Reinvestment Act (CRA) ratings, the Office of the Comptroller of […]
Calling the current stress-test regime for large banks “too complex and opaque,” the national bank regulator late Monday praised the Federal Reserve for proposing changes to the stress test models. Comptroller of the Currency Jonathan […]
Big banks – those with at least $100 billion in assets – are expected to be well managed and have appropriate risk-management processes in place; thus, no guidelines on “recovery planning” are necessary, the national […]
Updated for published Federal Register notice and comment deadline. Codifying the elimination of reputation risk from the supervisory program of the federal credit union regulator is the aim of a notice of proposed rulemaking unveiled […]
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