Browsing: Reg reform

Newsbytes

As financial regulators consider the treatment of high-volatility commercial real estate under the S. 2155 regulatory reform law, the American Bankers Association in a comment letter today urged the agencies to reconsider applying the proposed 150 percent weighting to loans that fall under the statutory “HVCRE ADC” definition.

Compliance

After regulators in September issued a joint statement clarifying that regulatory guidance does not have the force and effect of law, the American Bankers Association and the Bank Policy Institute yesterday submitted a rare petition to each agency calling on them to institutionalize the statement by codifying it in a formal rulemaking.

Newsbytes

Reflecting on a year that saw many positive legislative and regulatory changes for the banking industry, outgoing ABA Chairman Ken Burgess urged bankers to remain engaged in advocacy as these changes are implemented.