FDIC

Regulators offer CECL guidance to aid industry's adoption

10/17/19

The four prudential agencies, which will enforce the new credit loss methodology developed by the Financial Accounting Standards Board, said they want to promote consistency.

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Joint CRA plan is no sure thing, FDIC's McWilliams says

10/16/19

The three federal bank regulators often say they want to work together to reform the Community Reinvestment Act. But once again, a senior official has raised the possibility the agencies will move separately.

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Regional banks sound alarm over new interest rate benchmark

10/16/19

Executives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability.

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FDIC to rescind four policies deemed outdated

10/10/19

As part of an effort to reduce regulatory burden, the agency will retire policy statements from the 1980s and nineties dealing with securities subsidiaries, failed-bank receiverships and other matters.

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FDIC to offer parental paid leave to employees

10/09/19

All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.

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It's not enough to fix the de novo application process

10/09/19

Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough.

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Agencies sign off on final Volcker Rule changes

10/08/19

The reforms will result in significant changes to the proprietary trading ban first proposed by former Federal Reserve Chairman Paul Volcker and mandated in the Dodd-Frank Act.

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CRA reforms must go beyond branch banking

10/07/19

Regulators should consider online lending and a list of what loans qualify for CRA credit in any revamp of the outdated law.

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Regulators need new approach to innovation

10/04/19

FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency.

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'Litigation threats are destroying innovation': Comments of the week

10/03/19

Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobby groups, Freddie Mac's exploration into AI and more.

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