Moving to hinder any “threat to financial stability in times of market stress,” the Federal Deposit Insurance Corp. (FDIC) Board Wednesday adopted a rule on qualified financial contracts (QFCs) to ensure that the compacts do […]
A modification in federal mortgage rules that the Consumer Financial Protection Bureau (CFPB) said is aimed at providing additional flexibility for lenders in collecting consumer ethnicity and race information was finalized and published Wednesday by […]
A guide intended to be an easy-to-use summary of the Consumer Financial Protection Bureau’s (CFPB) Arbitration Agreements rule — and to highlight information that may be helpful when implementing the rule — has been published […]
Community Reinvestment Act (CRA) regulations would be amended to conform to changes made this summer by the CFPB to its Regulation C (Home Mortgage Disclosure Act) and set to take effect Jan. 1, under a […]
Following the Oct. 2 release of its 2018-19 proposed budget, NCUA plans for an Oct. 18 public briefing on its spending plan, with an aim of “budget transparency” according to Board Chairman J. Mark McWatters. […]
Extending existing transitional capital treatment for certain capital deductions and risk weights for banking organizations that are not subject to federal banking agencies’ advanced approaches capital rules was proposed today by the FDIC, OCC and […]
Enhancing the effectiveness of boards of directors of firms under supervision is the aim of a proposal issued Thursday by the Federal Reserve Board. Additionally, the Fed issued a second proposal that it said is […]
A stay of the “arbitration rule” by the Consumer Financial Protection Bureau (CFPB) will not be sought by the comptroller of the currency, given that Congress is considering use of the “Congressional Review Act” to […]
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