House Passes 2020 Spending Bills; CECL Study Required
The House today approved a spending package for the current fiscal year, funding the government through Sept. 30, 2020. The...
Policy
Fintech, Stablecoins, Cross-Border Payments on FSB’s 2020 Agenda
Next year, the FSB expects to tackle fintech developments worldwide, including the growing role of big tech firms in finance;...
Agencies Release 2018 CRA Data on Small Biz, Community Development Lending
The federal banking agencies today released 2018 Community Reinvestment Act data on small business, small farm and community development lending....
CFTC Proposes Relief from Swaps Clearing Requirements
The Commodity Futures Trading Commission last week issued a proposal intended to provide relief for market participants from the swaps...
ABA Welcomes 18-Month Extension for SCCL Final Rule
ABA today welcomed the Federal Reserve’s proposal for an 18-month extension of the compliance date for limits on the amount...
Bonus Podcast: Digging into the Details on CRA Modernization
In this bonus episode of the ABA Banking Journal Podcast, senior OCC policy official Grovetta Gardineer digs into the details...
OCC, FDIC Propose New Regulatory Framework for CRA
The OCC and the FDIC today proposed major changes to the regulations implementing the Community Reinvestment Act.
FDIC Issues Proposal to Reform Brokered Deposit Regulations
The FDIC today issued a long-awaited proposal to modernize the existing brokered deposit rules and foster greater innovation by financial...
ABA, Industry Groups Call on Senate to Pass SAFE Banking Act
The American Bankers Association joined a coalition of housing and insurance groups in a letter to Senate Banking Committee leaders...
Basel Committee Taking a Look at Crypto-Assets, Virtual Currencies
The Basel Committee on Banking Supervision is seeking public feedback on how regulators should incorporate “crypto-assets,” including virtual currencies like...
