ABA cautions against allowing state regulation that could expand stablecoin issuer activities
As it seeks to implement the Genius Act, the Treasury Department should not allow states to greatly expand the scope ...
Tag: Regulation
FDIC overhauls review process for deposit insurance applications
The FDIC announced a new, two-phase process for deposit insurance applications meant to speed up agency reviews and encourage de ...
ABA, associations give recommendations for improving home appraisal regulations
ABA and two associations offered federal regulators several recommendations to improve the integrity of residential property valuations, as recently directed ...
ABA, associations: Stablecoin review committee must establish formal procedures
A new committee to review state-level regulatory frameworks for stablecoins must adopt strong, transparent rules before it starts making decisions ...
ABA, associations ask agencies to commit to reproposing conflicting Genius Act rules
As the various federal banking agencies race to establish separate regulations for stablecoin issuers, they should be open to reproposing ...
GAO: Banking agencies lack processes for determining success of regulatory reviews
While federal law requires banking agencies to review their regulations every decade to identify and address unnecessary burdens, the agencies ...
ABA seeks level playing field in stablecoin regulation
ABA urged the FDIC to harmonize its proposed rulemaking to implement the Genius Act with rules put forward by other ...
CEO Q&A: Organically grown banking
First Interstate Bank CEO Jim Reuter sees digital offerings, brand density as keys to bank growth.
Bowman: AI evolution requires flexible response from bank regulators
The rapid evolution of artificial intelligence technologies reinforces the need for regulators to adopt adaptable supervisory guidance and expectations, Federal ...
FSOC, Treasury Department launch effort to support financial sector AI adoption
The Financial Stability Oversight Council and the Treasury Department’s Artificial Intelligence Transformation Office announced the launch of the AI Innovation ...
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