Fiduciary Rule, Libor Transition on SEC Agenda for 2019
Completing the Securities and Exchange Commission’s rulemaking on best interest standards for broker-dealers and investment advisers is a “key priority”...
Policy
Basel Proposes New Leverage Ratio Disclosure Requirements
In a bid to prevent what it calls “window-dressing,” a form of regulatory arbitrage around disclosure deadlines, the Basel Committee...
ABA Chief Economist Previews What 2019 Will Bring for Banks
In an interview in the Novantas Review -- a publication by the consulting firm Novantas -- ABA Chief Economist James...
Data Security, Privacy to Be Early Focus of CFPB’s Kraninger
Newly sworn-in Consumer Financial Protection Bureau Director Kathy Kraninger will focus on data security and privacy in her early days...
Basel Issues Final Set of Pillar 3 Disclosure Requirements
The Basel Committee on Banking Supervision today issued updated Pillar 3 disclosure requirements reflecting the “Basel IV” capital framework released...
ABA to Congress: Delay CECL, Study Before Implementation
The projected effects of the Financial Accounting Standards Board’s Current Expected Credit Loss model for loan loss accounting are significant...
FDIC Launches Initiative to Encourage De Novo Formation
The FDIC formally launched its highly anticipated initiative to foster de novo bank formation.
FDIC’s McWilliams: De Novo Activity ‘Not Where It Should Be’
Addressing the shortage of de novo banks in the U.S. over the past several years, FDIC Chairman Jelena McWilliams today...
McWilliams: ‘Everything on Table’ for FDIC Exam Appeals Process
As part of her efforts to bring greater transparency to the FDIC, Chairman Jelena McWilliams is “looking to strengthen the...
A Fresh Perspective
With a powerful personal story and real-world banking experience, Jelena McWilliams is shaking up the FDIC.
