The Consumer Financial Protection Bureau today issued an interpretive rule clarifying several changes to Home Mortgage Disclosure Act regulations made under S. 2155, the bipartisan regulatory reform law.
Browsing: S. 2155
Implementing a provision in the S. 2155 regulatory reform bill, the federal banking agencies today issued joint interim final rules that make qualifying banks with up to $3 billion in assets eligible for an 18-month on-site exam cycle.
The federal banking agencies today issued an interim final rule that implements an ABA-advocated provision of S. 2155 that expands the pool of what counts as high-quality liquid assets under the Liquidity Coverage Ratio.
In a letter to Federal Reserve Vice Chairman for Supervision Randal Quarles today, six Republican senators called on the Fed to more closely tailor regulations for banks with more than $100 billion in assets.
When asked which provision of the S. 2155 regulatory reform bill would be most meaningful to them, community bankers were most likely to rank the policy change to make most reciprocal deposits non-brokered.
A conversation with Naomi Camper, ABA’s first chief policy officer
When asked to rank eight key provisions of S. 2155 — the new regulatory reform law — based on their likelihood to positively affect their institution, community and midsize bank executives said that the law’s provision amending the Federal Deposit Insurance Act to make most reciprocal deposits non-brokered ranked highest.
Synthetic identity theft is a fast-emerging vector of financial fraud, reaching $8 billion and accounting for the majority of fraud on payment cards, according to expert estimates.