Tag Archives: regulatory burden

ABA Urges House Members to Support TAILOR Act

In a letter to the House Financial Services Committee today, ABA urged members of Congress to vote in favor of the TAILOR Act, which would direct financial regulators to tailor regulatory actions based on the sizes, business models, risk profiles and other differentiating characteristics of the institutions they supervise.

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FDIC Proposes Deposit Account Recordkeeping Rule

The FDIC today issued a proposal requiring banks with more than 2 million deposit accounts to upgrade their deposit recordkeeping systems to facilitate the determination of FDIC insured deposits in the event of a bank failure.

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Curry: OCC to Issue Guidance on Higher LTV Lending

The OCC will issue guidance in the coming months on managing risk for higher loan-to-value lending in communities targeted for revitalization, Comptroller of the Currency Thomas Curry announced today in his remarks at the 2016 National Interagency Reinvestment Conference in Los Angeles.

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Op-Ed: Congress Must Stand Up to Fiduciary Proposal

In a joint op-ed with several trade group CEOs today, ABA President and CEO Rob Nichols voiced his opposition to the Department of Labor’s proposal to redefine who counts as a fiduciary under the Employee Retirement Income Security Act.

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