Federal banking regulators have again demonstrated their focus on bank oversight and management of risk from third party relationships through a series of guidance and proposed guidance published in the third quarter of 2021....more
10/25/2021
/ Banking Regulators ,
Banking Sector ,
Community Banks ,
Compliance ,
Cybersecurity ,
FDIC ,
Federal Reserve ,
FinTech ,
Internal Controls ,
OCC ,
Partnerships ,
Popular ,
Proposed Guidance ,
Risk Management ,
Third-Party Risk
After six years of deliberation, the Federal Reserve announced on Monday that it will develop a new interbank real-time gross settlement (RTGS) system. The Fed expects the system, called FedNow, to be operational in 2023 or...more
On June 3, 2016, the Board of Governors of the Federal Reserve System (FRB), approved an advance notice of proposed rulemaking (ANPR) regarding two potential regulatory capital frameworks for institutions under the FRB’s...more
6/8/2016
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Comment Period ,
Dodd-Frank ,
Federal Reserve ,
IDIs ,
Insurance Industry ,
Leverage Capital Ratio ,
Other-SIIs ,
Parent Corporation ,
Risk Capital ,
Risk-Based Approaches
At the NAIC’s tenth International Insurance Forum, Daniel K. Tarullo, a member of the Board of Governors of the Federal Reserve System (FRB), outlined the FRB’s plans for: -
..the capital and liquidity rules for...more
5/31/2016
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Capital Rules ,
Federal Reserve ,
G-SII ,
IAIS ,
Insurance Industry ,
Liquidity ,
NAIC ,
Other-SIIs ,
Risk-Based Approaches ,
Savings and Loan Companies ,
Stress Tests
On March 21, the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency (OCC), and the U.S. Department of...more
3/30/2016
/ Banking Sector ,
Cell Phones ,
Customer Identification Program (CIP) ,
FDIC ,
Federal Reserve ,
Internet ,
NCUA ,
New Guidance ,
OCC ,
Prepaid Payment Products ,
Third-Party Agents
On July 16, 2015, the agencies responsible for implementing the Volcker rule (Agencies) issued FAQ 16, which provides guidance on the circumstances under which a seed investment would not cause (i) a registered investment...more
On December 10, 2013, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Securities and Exchange Commission, and the Commodity Futures...more
1/15/2014
/ Antitrust Provisions ,
Bank Holding Company Act ,
Banks ,
CFTC ,
Collateralized Debt Obligations ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
OCC ,
Private Funds ,
Proprietary Trading ,
Securities and Exchange Commission (SEC) ,
Volcker Rule
On December 10, 2013, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, and the Commodity Futures Trading...more
1/15/2014
/ Bank Holding Company Act ,
Banks ,
CFTC ,
Collateralized Debt Obligations ,
Dodd-Frank ,
Federal Reserve ,
OCC ,
Proprietary Trading ,
Securities and Exchange Commission (SEC) ,
Trust Preferred Securities ,
Volcker Rule
On December 10, 2013, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Securities and Exchange Commission and the Commodity Futures...more
1/13/2014
/ Bank Holding Company Act ,
Banks ,
CFTC ,
Collateralized Debt Obligations ,
Compliance ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
OCC ,
Proprietary Trading ,
Trust Preferred Securities ,
Volcker Rule
On December 10, 2013, the U.S. Federal Reserve, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Commodity Futures Trading Commission, and the Securities and Exchange Commission...more
1/10/2014
/ Banks ,
Business Development Companies ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
Investment Company Act of 1940 ,
OCC ,
Proprietary Trading ,
RICs ,
Securities and Exchange Commission (SEC) ,
Volcker Rule