The Federal Reserve, FDIC and OCC today issued a proposed rule that would pause the transition to the Basel III capital framework for banks not using the Basel advanced approaches.
ABA recently hosted two conference calls with bankers to discuss ways to improve the safety and soundness exam process.
The federal regulatory agencies issued a proposal to increase the threshold for required appraisals for commercial real estate transactions from $250,000 to $400,000 following the FDIC’s board meeting yesterday.
The federal regulatory agencies are inviting public comments on additional revisions to the Call Report, which will take effect March 31, 2018.
The federal banking agencies today released a 440-page report to Congress that highlights some of the significant regulatory burdens facing America’s banking industry.
The OCC today finalized a rule that would make several regulatory adjustments as part of its efforts under the Economic Growth and Regulatory Paperwork Reduction Act to reduce unnecessarily burdensome or outdated banking rules.
As part of its response to the recently concluded Economic Growth and Regulatory Paperwork Reduction Act review process, the federal banking agencies are looking to reduce burdens of appraisal requirements and to simplify regulatory capital rules for community banks, Federal Reserve Chairman Janet Yellen told the House Financial Services Committee today.
ABA today hosted a meeting with congressional staffers and representatives from various appraisal industry groups to discuss appraiser shortage issues in rural areas and how regulations are affecting the industry.
ABA on Thursday welcomed a proposal from the OCC that would make several regulatory adjustments as part of its efforts under the Economic Growth and Regulatory Paperwork Reduction Act to reduce unnecessarily burdensome or outdated banking rules.
In a comment letter yesterday, ABA challenged the Consumer Financial Protection Bureau’s improper use of a streamlined review process to conduct research related to overdraft services without providing the public with notice and an opportunity to comment on its research approach.