The Financial Accounting Standards Board today voted to add two projects to its technical agenda based on feedback it received through its CECL project implementation review process.
The Federal Reserve, FDIC and OCC are seeking comments on a joint proposal designed to manage risks associated with third-party relationships, including relationships with financial technology-focused entities.
The global financial system has weathered the pandemic due to greater resilience, supported by the G20 reforms, and a “swift, determined and bold international policy response,” according to a new interim report from the Financial Stability Board.
As part of regulators’ efforts to facilitate the ongoing transition away from Libor, the Commodity Futures Trading Commission’s Market Risk Advisory Committee today recommended “SOFR First” as a market best practice.
ABA issued a members-only staff analysis of the government-wide policy priorities for anti-money laundering and countering the financing of terrorism that the Financial Crimes Enforcement Network released June 30.
The Internal Revenue Service released a Spanish-language version of its online tool that helps users determine whether they qualify for the Child Tax Credit and its monthly advance payments.
Trade groups submitted a joint response to the Federal Reserve regarding its proposal to create a uniform policy for all Federal Reserve Banks to use in evaluating applications for accounts and payment services.
The number of Bank On-certified deposit accounts has surpassed 100.
President Biden today issued a wide-ranging executive order on competition issues across the U.S. economy.
The American Bankers Association today filed a comment letter responding to a notice of proposed rulemaking from the federal banking regulators that would establish requirements for tax allocation agreements between institutions and their holding companies in a consolidated tax filing group.