Browsing: Policy

Community Banking

Rep. Scott Tipton today introduced the TAILOR Act (H.R. 2896), which would require financial regulators to consider bank risk profiles and business models when taking regulatory actions. The bill — a part of ABA’s Agenda for America’s Hometown Banks — has been strongly advocated by ABA and the alliance of state bankers associations.

Newsbytes

The Federal Reserve is pursuing improvements to the stress testing process of systemically important banks, Fed Vice Chairman Stanley Fischer said today in a speech at a conference in Stockholm. In addition asking for feedback from financial institutions, the Fed asked market analysts and academics to come forward with suggestions on “how to overhaul the process,” Fischer said.

Newsbytes

The Basel Committee on Banking Supervision today finalized a common format for internationally active banks to disclose the Net Stable Funding Ratio standard that is expected to take effect in January 2018 following rulemaking in individual countries.

Newsbytes

The National Credit Union Administration Thursday proposed substantial changes to its member business lending regulations. Among other things, NCUA proposed to exempt participations in loans to non-members from the MBL cap. It also proposed to eliminate explicit loan-to-value requirements, aggregate limits on construction and development loans, as well as the requirement of a personal guarantee.

Legal

By a bipartisan 24-8 vote, the House Judiciary Committee yesterday approved the Innovation Act (H.R. 9), which would seek to reduce abuse of the patent system.

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