As House Financial Services Committee members continue preparing a much-anticipated long-term reauthorization of the National Flood Insurance Program, Chairwoman Maxine Waters (D-Calif.) said today that she is focusing on affordability of NFIP premiums.
Consumer Financial Protection Bureau Director Kathy Kraninger will be a keynote speaker at the 2019 American Bankers Association Regulatory Compliance Conference, which kicks off Sunday in New Orleans.
The Securities and Exchange Commission today finalized a rule implementing a “best interest” standard of conduct for broker-dealers when making recommendations on securities transactions or investment strategies to retail customers.
The Task Force on Climate-Related Disclosures found that 78% of companies it reviewed disclosed at least some climate-related information in 2018, up from 70% two years prior.
As the Federal Communications Commission prepares to vote Thursday on a proposal permitting telephone companies to block unwanted calls, the American Bankers Association submitted two letters (dated May 31 and June 3) to the commission explaining how it could result in the erroneous blocking of lawful calls placed by banks.
With leveraged lending-related risk on regulators’ minds — and on the agenda of the House Financial Services Committee tomorrow — the ABA Banking Journal Podcast discusses the issue with ABA Senior Economist Curtis Dubay.
In the clearest terms expressed by any regulator to date, Federal Reserve Vice Chairman for Supervision Randal Quarles emphasized that banks need to begin transitioning away from the London Interbank Offered Rate as a benchmark.
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Recent FDIC guidance points to steps banks can take to beef up their vendor agreements.