Supervision and Regulatory Report

What's up

[ November 23, 2020 ] McWatters resigns, Hood says thanks for serving; Hauptman nomination nears action NCUA
[ November 23, 2020 ] Climate change presents physical risks, including diving asset prices, and transition risks, report finds Other
[ November 23, 2020 ] GAO: Model privacy form should disclose more about third-party info sharing by banks, credit unions CFPB
[ November 23, 2020 ] Bank performance for third quarter to be outlined in report set for Dec. 1 delivery FDIC
[ November 23, 2020 ] CFPB notes updates to HMDA filing instructions guide for 2021 data CFPB

COVID-19 spurred 32 actions by Fed over two months, supervision/reg report shows

May 8, 2020 0

The Federal Reserve, in number, matched a year’s worth of regulatory actions over just two months’ time in its efforts to help banking institutions and their customers withstand the financial impacts of the coronavirus (COVID-19) […]

McWatters resigns, Hood says thanks for serving; Hauptman nomination nears action

November 23, 2020 0

Rodney Hood, the current chairman of the National Credit Union Administration (NCUA) Board, issued a brief statement Monday thanking J. Mark McWatters, who resigned Friday, for his service on the board. “Board Member Mark McWatters’ service on the NCUA Board [...]
Climate change presents physical risks, including diving asset prices, and transition risks, report finds

November 23, 2020 0

Physical risks posed to financial stability by climate change – even in the short term – include a sharp fall in assets prices and an increase in uncertainty, according to a new report issued Monday by an international group of [...]
GAO: Model privacy form should disclose more about third-party info sharing by banks, credit unions

November 23, 2020 0

The consumer financial protection agency should update the model privacy form that many banks and credit unions use to disclose their information-sharing practices to their customers and members, according to a report Monday by the congressional watchdog office to the [...]
Bank performance for third quarter to be outlined in report set for Dec. 1 delivery

November 23, 2020 0

Third-quarter financial performance results for banks will be released Dec. 1, the federal insurer of bank deposits said Monday, during a live briefing streamed via the Internet. The Federal Deposit Insurance Corp. (FDIC) said the briefing will begin at 1 p.m. [...]
CFPB notes updates to HMDA filing instructions guide for 2021 data

November 23, 2020 0

An update to the filing instructions guide (FIG) for data collected in 2021 and reported in 2022 under the Home Mortgage Disclosure Act (HMDA) was announced Monday by the Consumer Financial Protection Bureau (CFPB). The bureau said edits Q656 and [...]