Browsing: Regulatory burden

Newsbytes OCC to lower assessments next year

The Office of the Comptroller of the Currency will lower assessment fees in 2023 as part of an effort to close the pricing differential between state and federal charter assessments.

Newsbytes ABA, BPI oppose proposed replacement for troubled debt restructuring

In comments filed with the FDIC Friday, the American Bankers Association and Bank Policy Institute came out against an agency proposal to replace troubled debt restructuring in assessments scorecards for large banks with a new term, “modifications to borrowers experiencing financial difficulty.”

Newsbytes ABASA: More securities market transparency could have negative consequences

In a comment letter filed Friday, the American Bankers Association Securities Association and two other trade groups raised concerns about a Treasury Department proposal to require additional post-trade data transparency in the Treasury securities market, saying that information could have “significant” potential downsides if it were made publicly available.

Newsbytes Associations seek comment extension for proposed QPAM amendments

The American Bankers Association and seven trade groups submitted a letter today to the U.S Department of Labor requesting a 60-day extension for the comment period on proposed amendments to Prohibited Transaction Exemption 84-14, known as the Qualified Professional Asset Manager exemption.

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