Nichols Talks 2019 Legislative Agenda on Bloomberg Radio
ABA President and CEO Rob Nichols appeared on Kevin Cirilli’s Bloomberg Radio show yesterday to discuss the legislative outlook for...
Policy
FSOC Meets Today; CECL on Agenda
The Financial Stability Oversight Council meets today in open and executive sessions. Among other things, the preliminary agenda for the...
ABA Urges Fixes to SBA Loan Program Proposal
In a comment letter today, ABA recommended that the Small Business Administration reconsider several elements of changes to its Express...
Agencies Propose Rule Exempting Community Banks from Volcker Rule
The financial regulatory agencies today issued a proposed rule to implement a section of the S. 2155 regulatory reform law...
Nonbank Backtracks on ‘Checking and Savings’ Account After Outcry
Nonbank fintech company Robinhood, an online brokerage firm, has backtracked on plans to offer what it called a “checking and...
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”...
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...
