Agencies Signal Call Report Simplification
Testifying before the House Financial Services Committee today, federal banking regulators said they intend to propose “burden-reducing” changes to the Call Report.
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FDIC’s Hoenig Adds Weight to Tailored Regulatory Approach
FDIC Vice Chairman Thomas Hoenig today became the latest regulator to emphasize the need to tailor regulations to suit banks’ risk profiles and business models, suggesting several ways that regulatory burdens could thus be lightened for “the vast majority of commercial banks.”