ABA Offers Feedback on Federal Reserve Faster Settlement Proposal
In a comment letter to the Federal Reserve today, ABA offered feedback on potential Fed actions to accelerate interbank settlement...
CFPB Proposes Updates to ‘No-Action Letter’ Policy
The Consumer Financial Protection Bureau is proposing changes to its so-called no-action letter policy and proposing to establish a regulatory...
DOL Issues New Directives on Opinion Letters, Compliance Evaluations
The Department of Labor’s Office of Federal Contract Compliance programs has issued three new directives regarding its enforcement of the...
A New Dawn for De Novo Banks
With the regulatory posture shifting, the next generation of de novo banks is finally beginning to emerge.
ABA Donates $45K to California Wildfire Relief Effort
The American Bankers Association today announced that it will donate a total of $45,000 to help communities in California recover...
Culture Equals Capital
Having a strong internal culture pays dividends in combating conduct risk.
Kathy Kraninger Confirmed as CFPB Director
The Senate by a vote of 50 to 49 today confirmed Kathy Kraninger to a five-year term as director of...
FDIC Launches Initiative to Encourage De Novo Formation
The FDIC formally launched its highly anticipated initiative to foster de novo bank formation.
FDIC’s McWilliams: De Novo Activity ‘Not Where It Should Be’
Addressing the shortage of de novo banks in the U.S. over the past several years, FDIC Chairman Jelena McWilliams today...
