Browsing: SIFIs

Newsbytes

The FDIC and Federal Reserve announced today that they had reviewed resolution plans submitted in December 2015 by 16 regional and credit card banks and that none were found “not credible” or inadequate to facilitate an orderly resolution under the Bankruptcy Code.

Compliance and Risk

The Federal Reserve today released the three economic and financial market scenarios that it will use in the next round of the Comprehensive Capital Analysis and Review process for 34 of the nation’s largest financial institutions, including one participating in CCAR for the first time.

Newsbytes

Speaking at a legal event in Washington, D.C., today, Federal Reserve General Counsel Scott Alvarez outlined several issues the agency will focus on in 2017, including certain regulatory relief measures and the entrance of nonbank fintech companies into the Federal Reserve System.

Economy

Federal Reserve Governor Daniel Tarullo today defended the post-financial crisis regulatory regime for the nation’s largest banks and said regulators should be cautious when determining whether to roll back regulatory provisions.

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