Ceding to ABA’s request, the FDIC agreed to rebate outstanding assessment credits after these have applied against premiums for four quarters—instead of waiting for eight quarters.
The Federal Reserve Board on Friday issued a proposal to extend the deadline for its final rule limiting the amount of credit exposure that foreign banking organizations can have to each other and to other counterparties.
In remarks before a public symposium on small business loan data collection today, Consumer Financial Protection Bureau Director Kathleen Kraninger signaled the importance of balancing the statutory objectives of Section 1071 of the Dodd-Frank Act with the need to avoid negative credit effects on the $1.4 trillion small business lending market.
The Consumer Financial Protection Bureau announced 2020 changes in dollar thresholds for several Regulation Z provisions governed by the CARD Act, the Home Ownership and Equity Protection Act and the Dodd-Frank Act.
In remarks at a conference at the Federal Reserve Bank of Boston today, Fed Vice Chairman for Supervision Randal Quarles highlighted ways his agency is working to make stress tests more transparent, simple and less volatile.
The Federal Reserve and the Consumer Financial Protection Bureau today finalized changes to Regulation CC (the Expedited Funds Availability Act) to adopt a method for making inflationary adjustments to the dollar amounts in Regulation CC every five years pursuant to the Dodd-Frank Act.
The largest U.S. banks collectively showed that they can withstand a severe economic downturn and continued to improve their capital positions, according to the results of Dodd-Frank Act-mandated stress tests the Federal Reserve released today.
As previewed earlier this year by CFPB Director Kathy Kraninger, as part of its effort to clarify the meaning of “abusive acts or practices,” the bureau will host a symposium on June 25 in Washington, D.C.
The FDIC today sought public feedback on potential changes to its resolution planning framework for financial companies’ bank subsidiaries with over $50 billion in assets.
The Federal Reserve today proposed several changes to its resolution planning framework for large banking companies, as well as to the regulatory capital requirements for U.S. subsidiaries of foreign banking organizations.