Financial Services Report - Fall 2014

In This Issue:

- Beltway Report

- Bureau Report

- Mobile and Emerging Payments Report

- Mortgage and Fair Lending Report

- Operations Report

- Preemption Report

- Privacy Report

- Arbitration Report

- TCPA Report

- Excerpt from Beltway Report:

Shifting Cycles -

The Federal Reserve Board issued a notice of proposed rulemaking that would amend the capital plan and stress test rules to modify the start date of the capital plan and stress test cycles from October 1 of a calendar year to January 1 of the following calendar year. The proposed rule would revise the Board’s Policy Statement on the Scenario Design Framework for Stress Testing and the Board’s Regulation YY to reflect the revisions to the start date of the stress test cycle. The proposed rule also would make additional changes to the current rules, including limiting a bank holding company’s ability to make capital distributions to the extent that the bank holding company’s actual capital issuances are less than the amount indicated in its capital plan under quarterly baseline conditions.

Please see full issue below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Morrison & Foerster LLP | Attorney Advertising

Written by:

Morrison & Foerster LLP

Morrison & Foerster LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.