Fed’s Bowman: Regulators shouldn’t set bank strategy
The Federal Reserve’s role as supervisor is not to replace a bank's management and board of directors in adopting a ...
Tag: Regulation
Fed’s Bowman urges return to regulatory tailoring
Federal Reserve Governor Michelle Bowman said that she worried that “an overbroad application” of bank requirements could become a characteristic ...
Top bank risks for 2024
Compliance risk, interest rates, credit top banker, expert concerns going into the new year.
Navigating risk while staying nimble
We need to strike the right balance between managing risks, pushing back on unfair rules and leaders and keeping ourselves ...
Banking agencies extend comment deadline for long-term debt rulemaking
Banking regulators announced that they will extend the comment period on a proposed long-term debt requirement for banks with more ...
Regulators tighten liability standards for Treasury check returns
The Treasury Department issued a final rule to hold financial institutions liable if they pay canceled Treasury checks without waiting ...
ABA pushes back on latest administration move on fees
President Joe Biden today announced a renewed push to eliminate what his administration has branded “junk fees” across several business ...
California poised to adopt emissions, climate risk reporting laws
California lawmakers have advanced two proposed state laws to require companies doing business in the state to report their greenhouse ...
ABA, BPI caution against CRA rule changes
Two recent policy developments could fundamentally alter banks’ Community Reinvestment Act programs, and policymakers should avoid finalizing proposed changes to ...
Basel committee previews changes to core principles for banking supervision
The Basel Committee on Banking Supervision issued a consultative document updating its core principles for effective banking supervision—a universally applicable ...
