ABA, associations ask agencies to commit to reproposing conflicting Genius Act rules
As the various federal banking agencies race to establish separate regulations for stablecoin issuers, they should be open to reproposing ...
Tag: ABA news
ABA highlights banker comments seeking stronger ‘know your customer’ rules for originating providers
In a new comment letter, ABA highlighted the dozens of bankers who wrote to the Federal Communications Commission in support ...
ABA seeks equal treatment for all institutions under proposed stablecoin BSA, sanctions rule
ABA supports the OCC’s proposed approach to treat stablecoin issuers like financial institutions for Bank Secrecy Act and sanctions compliance, ...
ABA cautions against removing Fannie Mae, Freddie Mac guardrails in product offerings
In a letter, ABA said that while it supports FHFA efforts to streamline and reduce administrative burdens in its Duty ...
ABA, CBA urge Fed to strengthen safeguards for proposed ‘payment accounts’
The Federal Reserve’s proposed payment account framework is a prudent approach to responsible innovation if additional safeguards are adopted to ...
ABA, associations release best practices for sharing sensitive data with regulators
ABA joined other financial sector associations to release a guide for financial institutions in determining which data shared with federal ...
ABA, associations: Updated crypto market structure bill still puts local lending at risk
The latest version of a proposed market structure bill for digital assets still puts at risk the local lending that ...
ABA offers improvements for FSB’s ‘sound practices’ in AI adoption
The Financial Stability Board’s draft list of 12 recommendations to guide the adoption of artificial intelligence by financial institutions is ...
Nichols: ABA seeks ‘surgical’ changes to crypto market structure bill
ABA isn’t opposed to market structure legislation for digital assets but is seeking “tiny, surgical” changes to ensure the Genius ...
ABA: Federal Home Loan Bank System vital for liquidity, affordable housing
The Federal Home Loan Bank System remains uniquely positioned to support local lending and economic growth through its member-focused cooperative ...
