Top headlines in today’s news …
Tools being used by the Federal Reserve and other regulators – including revamping of federal anti-redlining regulations – are effective methods for pushing more credit into lower income households, and not necessarily lowering capital standards […]
Climate change and its impact on the risk it presents to national banks took a bigger role Tuesday with the appointment by the banks’ regulator of a climate change risk officer and membership in a […]
Four advisory panels of the Consumer Financial Protection Bureau (CFPB) are set to meet publicly over a three-day period in August, three of them focusing on broad regulatory policy matters, recent bureau initiatives related to […]
Working together to jointly strengthen rules implementing anti-redlining laws is a commitment made by the three federal banking agencies Tuesday, according to a statement released by all three. The statement was released after one of […]
Rising concern about the growing use of “stablecoins” without a regulatory framework led to a meeting Monday of top banking regulators, the Treasury announced. Recommendations, based on the meeting and on a forthcoming report, are […]
The public portions of resolution plans (also known as “living wills”) submitted July 1 by eight large domestic banking firms – and targeted to address the institutions’ response to events surrounding the COVID-19 pandemic – […]
Simplifying deposit insurance rules for revocable and irrevocable trusts, and amending a rule on mortgage service accounts coverage, are addressed in a proposed regulation issued by the federal insurer of bank deposits Tuesday. In a […]
Comments are due Sept. 17 about proposed guidance on third-party risk management at banks – including that related to deals with financial technology (fintech) firms – issued by the federal banking agencies, according to the […]
A proposed rule on a “complex credit union leverage ratio” is slated for consideration during next week’s open meeting of the National Credit Union Administration (NCUA) Board. The meeting, set for 10 a.m. next Thursday, […]
Globally consistent, comparable, and reliable disclosures as well as a broader set of high-quality, relevant data together can provide the basis to assess the risks of climate change, particularly on financial stability, the vice chair […]
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