Fed exploring whether it has appropriate resolution tools for large bank failures
The Federal Reserve today announced it is seeking public comment on possibly drafting new requirements for large banks to alleviate ...
Tag: Regulatory burden
Trade groups: Data argues against deposit insurance assessment rate hike
The American Bankers Association and five trade associations reiterated their opposition to a proposed two basis-point increase in deposit insurance ...
Regulators stress importance of third-party due diligence
The FDIC is “working diligently” to issue updated guidance to financial institutions on third-party risk management, the agency’s Associate Director ...
ABA urges Labor Department to withdraw QPAM exemption proposal
The U.S. Department of Labor should withdraw its proposed amendments to Prohibited Transaction Exemption 84-14, known as the Qualified Professional ...
U.S. Access Board issues proposed rulemaking on self-service kiosks
The federal agency responsible for developing technical accessibility standards is seeking public comment on accessibility requirements for self-service kiosks.
Trade groups urge Congress to reject credit card routing amendments
A proposal to add new credit card routing mandates and a related study to a major defense spending bill has ...
ABA, trade groups sue CFPB for exceeding its statutory authority
ABA and six other trade groups today sued the Consumer Financial Protection Bureau and Director Rohit Chopra for exceeding the ...
Biden administration calls for more digital asset regulation
Federal regulators should “aggressively” pursue enforcement against illegal practices in digital asset markets and redouble efforts to monitor consumer complaints ...
Bankers: Marshall-Durbin bill, Fed proposal will hurt consumers and banks alike
Legislation giving merchants broad say over which credit card routing networks they use will be a security risk for consumers ...
Banking groups call out CFPB’s vague request for input on credit card terms
The American Bankers Association and several banking trade groups today called on the CFPB to provide additional information on a ...
