In a bid to prevent what it calls “window-dressing,” a form of regulatory arbitrage around disclosure deadlines, the Basel Committee on Banking Supervision has proposed revisions to its disclosure framework for the Basel III leverage ratio.

In an interview in the Novantas Review -- a publication by the consulting firm Novantas -- ABA Chief Economist James Chessen offered his thoughts on the state of the banking industry and the U.S. economy, and the opportunities and challenges that 2019 will bring.

Newly sworn-in Consumer Financial Protection Bureau Director Kathy Kraninger will focus on data security and privacy in her early days in office, she said at a press briefing on her first day at the bureau this afternoon.

The Basel Committee on Banking Supervision today issued updated Pillar 3 disclosure requirements reflecting the “Basel IV” capital framework released in December 2017.

The projected effects of the Financial Accounting Standards Board’s Current Expected Credit Loss model for loan loss accounting are significant enough that FASB should delay CECL’s effective date and perform a quantitative impact study of the model, ABA said today.

The FDIC formally launched its highly anticipated initiative to foster de novo bank formation.

Addressing the shortage of de novo banks in the U.S. over the past several years, FDIC Chairman Jelena McWilliams today said more can be done to encourage new bank formation.

As part of her efforts to bring greater transparency to the FDIC, Chairman Jelena McWilliams is “looking to strengthen the ombudsman and bank appeals process at the FDIC,” she said in a recent interview with the ABA Banking Journal.

With a powerful personal story and real-world banking experience, Jelena McWilliams is shaking up the FDIC.

The U.S. Postal Service should not move into “postal banking” with new financial services offerings, according to a report issued today by a Treasury Department task force focused on postal reform.