Agencies to Determine ‘Living Will’ Requirements for Regional Banks
As they implement S. 2155, the Federal Reserve and the FDIC today said that they are beginning the process of...
Policy
ABA Urges CFPB to Use Guidance Appropriately, Effectively
In the latest in its series of comment letters to the Consumer Financial Protection Bureau responding to the bureau’s 12...
ABA to Agencies: No Minimum Haircuts for SFTs in Basel IV
As the federal banking agencies weigh the implementation of Basel IV standards in the United States, ABA on Friday urged...
Fed, FDIC Seek Comment on Living Will Guidance for GSIBs
The Federal Reserve and the FDIC today requested comments on proposed guidance for the eight global systemically important banks participating...
California Enacts Controversial Data Privacy Law
California Gov. Jerry Brown yesterday signed a bill creating new data privacy requirements for businesses that handle consumer data in...
ABA Urges FCC to Issue New TCPA Rules
ABA today urged the Federal Communications Commission to issue new rules to ensure that customers can receive important communications from...
Senate Passes Farm Bill with Flood Insurance Extension
By a bipartisan 86-11, the Senate today passed its version the 2018 farm bill.
Fed Approves U.S. Banks’ Capital Plans
The Federal Reserve today approved the capital plans of 34 large banks participating in the Comprehensive Capital Analysis and Review.
Fed’s Quarles: Basel Participation Facilitates Tailored Regulation
The U.S. financial system, including community banks, benefits from its regulators’ participation in the Financial Stability Board, Federal Reserve Vice...
Banks and the Cannabis Conundrum
The gray area of marijuana-related businesses makes it a difficult judgment call for banks—regardless of their policies on cannabis customers.
