OFR Report: Credit Rating Alternatives Pose Regulatory Challenges
Alternative approaches to the use of credit ratingS, as mandated by Dodd-Frank, pose challenges for regulators and could give rise...
Newsbytes
Agencies Unveil Revised Executive Compensation Proposal
The first of six regulatory agencies voted today to re-propose the executive compensation rule mandated by the Dodd-Frank Act.
Bill Introduced to Address Effects of Fed Dividend Cut
Reps. Randy Neugebauer (R-Texas) and Pete Sessions (R-Texas) yesterday introduced ABA-advocated legislation (H.R. 5027) that would alter the formula for...
Basel Drops Mandatory Capital Plan From Interest Rate Risk Standard
After persistent and active industry advocacy led by the American Bankers Association, the Basel Committee today announced that it has...
CFPB: Online Payday Loans Can Lead to Unanticipated Overdraft Fees
Repeated attempts by online payday lenders to collect payments via direct debit can lead to unanticipated consequences for consumers’ bank...
ABA Urges Regulators to Consider Costs, Benefits of CECL
ABA in a letter today urged the federal banking regulators to take an active part in the Financial Accounting Standards...
Boozman: Wholesale Reg Relief Unlikely in Next Appropriations Bill
In an interview with Politico today, Senate Financial Services Appropriations Subcommittee chairman John Boozman (R-Ark.) said that he plans to...
Fed Launches Off-Site Reviews for Electronic Loan Records
The Federal Reserve today announced that the banking organizations it supervises with less than $50 billion in assets may choose...
Visa Offers Free Tech to Speed Up Chip Card Readers
Visa today announced the launch of Quick Chip for EMV, a technology enhancement designed to speed up EMV card authorizations...
