Browsing: Policy

Newsbytes

Due to the importance of large banks to the overall economy, regulatory agencies should prod more disclosures of certain supervisory information by the large financial institutions they oversee, FDIC Vice Chairman Thomas Hoenig said in a speech today in New York.

Compliance and Risk

The federal banking agencies are preparing updates to the Community Reinvestment Act questions and answers to provide guidance on how alternative delivery methods for financial services, including those provided through financial technology platforms, Comptroller of the Currency Thomas Curry said today at a community reinvestment conference in Washington, D.C.

Community Banking

Passing major regulatory relief for banks is going to be a heavy lift in 2016, according to a bipartisan panel of legislators at ABA’s Government Relations Summit, although the lawmakers emphasized their efforts to find common ground on regulatory reform. Rep. Blaine Luetkemeyer (R-Mo.) said passing reg relief this year would be “difficult” and that

Community Banking

Economic growth requires a robust, competitive banking system, and the Dodd-Frank Act and current regulatory environment inhibit that, Senate Banking Committee Chairman Richard Shelby (R-Ala.) said at ABA’s Government Relations Summit.

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