BAFT Releases Playbook for Correspondent Banking Users
As part of its efforts to address the significant decline in global correspondent banking relationships since 2011, BAFT today released...
Newsbytes
Legal Analysis Finds FDIC Has Broad Authority on Brokered Deposits
The FDIC has “ample existing authority” to address the regulation of brokered deposits, according to a legal analysis by law...
ABA, Industry Groups Urge Congress to Repeal Tax on Health Benefits
Along with nearly 600 stakeholder organizations, the ABA HSA Council signed onto a letter urging the House to support a...
ABA, Trade Groups Oppose Remittance Tax to Fund Border Security
Imposing a 5 percent tax on cross-border remittances to fund border barriers -- as envisioned in H.R. 85, the Fund...
With UMBS Looming, FHFA Issues Final Rule Aligning GSEs’ Practices
With housing GSEs Fannie Mae and Freddie Mac set to issue a single security -- the Uniform Mortgage-Backed Security --...
