CDIAC Calls for Framework for Better Collaboration on Cyber Threats
Members of the Federal Reserve’s Community Depository Institution Advisory Council flagged cybersecurity threats—particularly related to ransomware—as a top threat facing ...
Tag: Federal Reserve
Fed Pays $107.4 Billion to Treasury in 2021
The Federal Reserve System paid $107.4 billion out of its annual net income to the U.S. Treasury in 2021, according ...
Biden Announces Three Key Fed Nominations
As expected, President Biden today nominated Sarah Bloom Raskin to serve as vice chair for supervision at the Federal Reserve ...
Regulators Preview Forthcoming BSA/AML Rule Changes
As FinCEN works to create a long-awaited database of beneficial ownership information—a key provision of the Anti-Money Laundering Act of ...
Fed to Automate Non-Merger-Related Adjustments to Capital Stock Subscriptions
In a move that will significantly reduce the annual reporting burden on banks, the Federal Reserve today finalized a rule ...
Fed Clarifies Its Approach to HOLA Flexibility
The Federal Reserve has released a long-awaited set of frequently asked questions regarding its approach with regard to OCC-regulated federal ...
FOMC: Higher Inflation, Labor Developments Spurred Asset Purchase Tapering
In light of elevated inflation pressures and further improvements in the labor market, Federal Open Market Committee members decided in ...
Federal, State Regulators Issue Joint Statement on Recent Tornadoes
With many communities in Kentucky and surrounding states receiving serious damage from severe storms and tornadoes over the weekend, federal ...
FOMC to Accelerate Asset Purchase Tapering
The Federal Reserve will accelerate its planned tapering of Treasury securities and mortgage-backed securities purchases, according to the latest Federal ...
Fed Reiterates Supervisory Guidance on Counterparty Credit Risk Management
The Federal Reserve today reminded banks of its expectations for safe and sound practices with regard to counterparty credit risk ...
