On May 15, James R. Wigand, Director, Office of Complex Financial Institutions of the Federal Deposit Insurance Corporation (FDIC) testified before the U.S. Senate Subcommittee on National Security and International Trade and...more
5/22/2013
On May 13, the Board of Governors (Board) of the Federal Reserve System announced that stress test results from the largest 18 US bank holding companies must be submitted to the Federal Reserve no later than July 5...more
5/22/2013
- Bank Holding Company Federal Reserve Stress Tests
On May 15, Michael S. Gibson, Director, Division of Banking Supervision and Regulation of the Federal Reserve, testified before the Subcommittee on National Security and International Trade and Finance of the U.S. Senate...more
5/22/2013
- Cross-Border Dodd-Frank Federal Reserve Testimony
On April 30, the Consumer Financial Protection Bureau (CFPB) issued its final rule amending subpart B of Regulation E, which implements the Electronic Fund Transfer Act, and the official interpretation to the regulation. This...more
5/16/2013
- CFPB International Remittance Transfers
American Bankers Association President and CEO Frank Keating expressed bankers’ strong support for the House and Senate exam fairness bills — H.R. 1553 and S. 727 – that were reintroduced on April 15....more
4/25/2013
- American Bankers Association Proposed Legislation
On April 17, Steve Antonakes, Acting Deputy Director of the Consumer Financial Protection Bureau (CFPB), addressed the American Bankers Association meeting in Washington, D.C...more
4/24/2013
- American Bankers Association CFPB
On April 1, Thomas J. Curry, Comptroller of the Currency, Office of the Comptroller of the Currency (OCC), was named Chairman of the Federal Financial Institutions Examination Council (FFIEC) for a two-year term. Curry...more
4/11/2013
- FFIEC Thomas Curry
On March 21, the Bureau of Consumer Financial Protection finalized a rule implementing the ATM placard legislation that was signed into law last December. In December 2012, Congress passed and the President signed legislation...more
4/3/2013
- ATMs CFPB Disclosure Requirements EFTA Fees
On March 18, the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (the Agencies) requested comment on proposed revisions to “Interagency Questions and Answers...more
3/27/2013
- Community Reinvestment Act FDIC Federal Reserve
On February 28, and in connection with the start of tax season, the Financial Crimes Enforcement Network (FinCEN) issued an advisory to remind financial institutions about tax refund fraud and the required reporting of such...more
3/7/2013
- FinCEN Fraud Identity Theft Tax Refunds
On February 21, the Federal Deposit Insurance Corporation announced that it will conduct 15 free telephone seminars on deposit insurance coverage for bank officers and employees between March 20 and December 3, 2013...more
2/27/2013
- Deposit Insurance FDIC
The Consumer Financial Protection Bureau (Bureau) announced on January 22 that it is issuing a final rule to delay the February 7, 2013, effective date of final rules published by the Bureau on February 7, 2012, and August...more
2/7/2013
- CFPB EFTA Remittance Transfer Rule
