Final Fiduciary Rule Includes ABA-Advocated Revisions
The Labor Department’s final rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act and Internal...
Newsbytes
Hoenig Pitches Regulatory Relief Plan Again
Speaking at the agency’s community banking conference today, FDIC Vice Chairman Thomas Hoenig again offered a “legislative remedy” for excessive...
FDIC Announces Effort to Encourage De Novo Applications
FDIC Chairman Martin Gruenberg announced today that the FDIC will reduce the period of heightened supervisory monitoring for newly chartered...
Largest ACH Originators on Track for Same-Day ACH in 2016
With same-day ACH transfers phasing in this fall, 95 percent of the nation’s largest ACH originating institutions are on track...
Latest Issue of FDIC Publication Covers Corporate Governance
The FDIC today released a special edition of its Supervisory Insights publication that focuses on corporate governance for community banks.
In 2015, Almost Half of FCS Lending Goes to Just 4,458 Borrowers
Just 4,458 persons or entities had each borrowed at least $5 million from the FCS in 2015. Can taxpayer-subsidized financing...
ABA Challenges FinCEN Analysis of Proposed CTR Changes
In a comment letter today, ABA criticized the Financial Crimes Enforcement Network’s proposed revisions to the Bank Secrecy Act Currency...
