S. 2155 Rule Changes to Be Done by Year-End, Regulators Say
The heads of the banking agencies told lawmakers that they expect to have regulatory changes from the S. 2155 regulatory reform law implemented by year-end.
Browsing: Reg reform
ABA Calls for Broader Application of TILA to PACE Loans
The American Bankers Association yesterday offered feedback to the Consumer Financial Protection Bureau on its planned rulemaking on of residential Property Assessed Clean Energy loans.
Rep. Hollingsworth Calls for Diverse Business Models in Banking
In an address during ABA’s Emerging Leaders Forum today, Rep. Trey Hollingsworth (R-Ind.) made a plea for tailored regulation that would allow banks of all sizes and models to compete on a level playing field.
FDIC Approves Proposal to Exclude Central Bank Deposits from SLR
The FDIC today approved a joint agency proposal to exclude central bank deposits from the denominator of the supplementary leverage ratio for banking organizations predominantly engaged in custody banking activities.
ABA Calls for Uniform National Privacy Standards
Ahead of yesterday’s House Energy and Commerce Committee hearing and today’s Senate Commerce Committee hearing — both on data privacy — ABA submitted statements for the record urging lawmakers to enact uniform national privacy standards that preempt the existing patchwork of state laws.
FDIC Outlines Plans for Deposit Insurance Calculations Under Community Bank Leverage Ratio
As the agencies prepare to finalize the framework for the community bank leverage ratio, the FDIC has issued a proposal for how it will assess banks for deposit insurance that elect to use the CBLR framework.
Senate Banking Committee Chairman Added to ABA Summit Lineup
Sen. Mike Crapo (R-Idaho) has been added as a keynote speaker at the American Bankers Association Washington Summit, to be held April 1-3 in the nation’s capital.
ABA Calls for Increased Transparency, Flexibility in De Novo Application Process
The American Bankers Association today offered several recommendations on how the FDIC can modify the deposit insurance application process for community banks.
Federal Reserve Issues 2019 CCAR Scenarios
The Federal Reserve today released the three economic and financial market scenarios that it will use in the next round of the Comprehensive Capital Analysis and Review process for the nation’s largest financial institutions and foreign firms with U.S. operations
ABA Supports Proposed Residential Real Estate Appraisal Threshold Increase
The American Bankers Association today offered support for a recent proposal by the financial regulatory agencies to raise the appraisal threshold for residential real estate transactions to $250,000 to $400,000.