ABA Endorses FTN Financial’s Municipal Credit Review Platform
Through its Corporation for American Banking subsidiary, ABA today endorsed FTN Financial’s platform for municipal credit review and monitoring.
Browsing: Municipal finance
House Passes ABA-Advocated Liquidity Bill
The House today agreed by voice vote to pass H.R. 2209. The bill, which is part of ABA’s Agenda for America’s Hometown Banks, would further expand the ability of banks to count municipal securities as high-quality liquid assets under the Liquidity Coverage Ratio.
ABA-Advocated Bills to Get Committee Vote This Week
The House Financial Services Committee is expected to vote this week on several bipartisan bills that are part of ABA’s Agenda for America’s Hometown Banks. H.R. 1309, introduced by Rep. Blaine Luetkemeyer (R-Mo.) with 112 bipartisan co-sponsors, would eliminate the automatic designation of banks as systemically important based solely on asset size, recognizing that regulators should consider many different components of risk.
ABA Comments on Disclosure for Muni Loans
ABA yesterday urged the National Federation of Municipal Analysts to remove from its draft recommended best practices a requirement to disclose bank loans to municipalities in advance of loan closing.