Rising Credit Risk on Regulatory Radar
Regulatory agencies are focused on the growth of credit risk outside the banking industry, according to remarks by top officials...
Compliance and Risk
ABA Urges Alternative Method for Setting Management Interlock Rule Threshold
While noting that it appreciates the bank regulators’ intent in their recent proposal to raise the thresholds at which bank...
CFPB Releases Bank-Level HMDA Data
The Consumer Financial Protection Bureau today published Home Mortgage Disclosure Act modified loan application registers for approximately 5,400 financial institutions.
FDIC Proposes Changes to Large Bank Deposit Recordkeeping Requirements
The FDIC board today approved two proposals to resolve workability issues with its deposit insurance regulations.
Quarles Defends Fed Decision to Hold Capital Buffer at Zero
Federal Reserve Vice Chairman for Supervision Randal Quarles today defended the agency’s decision to hold the countercyclical capital buffer for...
Fed’s Quarles: Global Regulators Keeping Close Eye on Big Tech, Shadow Banking
Prominent on the Financial Stability Board’s 2019 agenda are the role of big technology firms in financial services and the...
GAO Recommends Beefing Up FTC, CFPB Enforcement of Nonbank Data Privacy
To mitigate the risk of data breaches like the Equifax breach in 2017, the Federal Trade Commission should have civil...
CFPB Proposal on Debt Collection Expected This Spring
The Consumer Financial Protection Bureau is expected to issue a notice of proposed rulemaking this spring to address a number...
FDIC’s ‘Supervisory Insights’ Highlights Libor Transition
With the future of Libor uncertain beyond 2021, the FDIC’s Winter 2018 Supervisory Highlights provides an overview of steps for...
ABA Calls for Extension of Compliance Date of CFPB Small-Dollar Lending Rule
ABA today urged the Consumer Financial Protection Bureau to extend the compliance date for all provisions of its final rule...
