FDIC approves new guidance for ‘living wills’
The FDIC board approved final guidance for resolution plan submissions—also known as “living wills”— for banks with more than $250 ...
Tag: Federal Reserve
Federal agencies seek comment on bank-fintech arrangements, warn of third-party risks
The Federal Reserve, FDIC and OCC issued a joint request for information on bank partnerships with fintech companies to provide ...
FDIC’s Hill wary of possible collateral requirement for discount window
A possible proposal to require some banks using the Federal Reserve’s discount window to post collateral equivalent to a large ...
Banking agencies seek public feedback on regulatory burden
Banking agencies published their second request for public comment on reducing the regulatory burden for financial institutions, focusing on consumer ...
Banking agencies propose rule to align AML/CFT requirements
Four federal agencies proposed a joint rule that would align each agency's Bank Secrecy Act compliance program requirements with proposed ...
Fed’s Bowman: Liquidity reform must focus on known issues
When it comes to liquidity reform, it is imperative that regulators tackle “known and identified issues” that were exposed during ...
Federal agencies issue guidance on residential real estate reconsiderations of value
Five agencies issued final guidance to highlight what they said are the risks associated with deficient residential real estate valuations, ...
Government watchdog agency: Bank regulators failed to properly document effects of regulation
Bank regulators have failed to consistently document their analyses and reviews of proposed and existing rules, with the Federal Reserve ...
Federal agencies finalize rule on automated valuation models
Six federal agencies issued a final rule to regulate the credibility of algorithmic models used in real estate valuations.
Beige Book: Economic activity maintained ‘modest pace’ of growth
U.S. economic activity has maintained a "slight to modest pace" of growth, although the number of Fed districts reporting flat ...
