Fed’s Barr outlines supervisory expectations for counterparty credit risk
The Federal Reserve plans to continue its supervisory focus on fundamental risk management related to counterparty credit risk, and it...
Policy
ABA: Proposed revisions to Call Report need further work
ABA recommended that banking agencies make several changes to their proposed revisions of the Federal Financial Institutions Examination Council reports—including...
ABA urges FCC to take steps to stop illegal texts impersonating banks
ABA and six associations urged the Federal Communications Commission to take additional action to combat text messages sent by bad...
The true cost of too much data
A 2024 ABA survey shows that the CFPB’s 1071 final rule will significantly increase the cost of small business credit.
CDFI Fund seeks comments on New Markets Tax Credit allocation application
The CDFI Fund and Treasury Department announced they are soliciting public comments concerning the New Markets Tax Credit program’s allocation...
OCC proposes changes to Freedom of Information Act process
The OCC proposed a new rule that could potentially speed up the agency’s process for considering Freedom of Information Act...
From triple threat to total impact
Regulations' cumulative effect on basic banking services.
ABA: Proposed revisions to bad debt regulation need reworked
In a letter, ABA urged the IRS to make several changes to proposed regulations concerning bad debt deductions for regulated...
FATF pushes forward with beneficial ownership information guidance
The Financial Action Task Force announced that it will issue updated risk-based guidance on beneficial ownership and transparency of legal...
Nichols discusses ‘real-world impacts’ of regulatory tsunami
In keynote remarks during ABA's Wealth Management and Trust Conference in New Orleans, ABA President and CEO Rob Nichols highlighted...
