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Newsbytes

On Friday, the House passed—and President Trump signed into law—the CARES Act, a $2 trillion stimulus package to provide relief to American consumers and businesses struggling as a result of the coronavirus pandemic.

Compliance and Risk

The Basel Committee on Banking Supervision today announced that it will delay the implementation of outstanding capital standards—commonly referred to as “Basel IV”—to allow banks to focus their resources on navigating the coronavirus pandemic.

Compliance and Risk

Acknowledging the significant burdens that banks are currently facing as they provide assistance to customers during the coronavirus pandemic, the Federal Financial Institutions Examination Council last night announced a 30-day extension for institutions for the Call Report due on March 31.

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