Basel officials warn of ‘unrealistic’ expectations for banks in green transition
Top economic and regulatory officials at the Basel, Switzerland Bank for International Settlements emphasized the limits of the financial industry’s...
Policy
ABA, state associations thank Reps. Correa, Fitzpatrick
ABA joined the California Bankers Association and the Pennsylvania Bankers Association today in releasing voter education ads recognizing two lawmakers...
ABA, state bankers associations tell House to reject ‘self-serving’ credit union legislation
Any sincere effort to improve financial inclusion through credit unions must include comparable mechanisms to ensure accountability, the banking groups...
ABA raises concerns about digital asset regulation bill
Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) today introduced the Responsible Financial Innovation Act—a bill that would create a regulatory framework for digital...
CFTC seeks feedback on climate-related financial risk
The Commodity Futures Trading Commission today issued a request for information regarding climate-related financial risks related to the derivatives markets...
ABA recommends several priority issues in need of IRS guidance
ABA last week submitted recommendations to the Internal Revenue Service on tax issues that are in need of interpretive guidance...
ABA calls for ‘flexible, iterative’ approach to FDIC climate risk management
While expressing overall support for the FDIC’s Statement of Principles for Climate-Related Financial Risk Management for Large Financial Institutions, ABA...
ABA, CBA express support for CFPB’s nonbank supervision, opposition to disclosure of CSI
The American Bankers Association and the Consumer Bankers Association this week expressed support for the Consumer Financial Protection Bureau’s recent...
ABA, SIFMA ask SEC to delay effective date on crypto-asset bulletin
Amid the growing ownership of digital assets like cryptocurrencies, the American Bankers Association and the Securities Industry and Financial Markets...
ABA: Updates needed to FDIC merger guidelines
In a detailed comment letter to the FDIC on Friday, the American Bankers Association called for updates to the agency’s...
