FSOC

Will industry get what it wants on CECL?

12/20/18

Detractors are suddenly hopeful that the controversial accounting standard could be delayed or altered after FSOC's longer-than-expected closed session on the issue.

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Nonbanks' rapid growth poses risks to industry: FDIC's McWilliams

11/15/18

FDIC Chairman Jelena McWilliams questioned whether regulators and banks are fully capturing the emerging risks of a new shadow banking system.

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Fed to delay new big-bank capital measure until 2020: Quarles

11/09/18

The central bank's top regulator said public comments about the new tool, used to gauge capital strength during stress tests, will likely result in changes before it is adopted.

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Industry group urges delay in new accounting standard for loan losses

10/18/18

The Bank Policy Institute said the Current Expected Credit Loss model is a “sea change” from how banks have traditionally set aside reserves.

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Prudential is no longer a SIFI. Now what?

10/17/18

The administration says it wants to focus on risky activities as opposed to individual nonbank firms. But there are big questions with that.

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Prudential, the last nonbank SIFI, sheds the label

10/17/18

The Financial Stability Oversight Council announced Wednesday that it was rescinding the SIFI label for Prudential, a culmination of almost a decade of fierce debate about how regulators should address the risk of nonbank financial firms.

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FSOC to detail new approach to nonbank supervision: Treasury official

09/12/18

Dodd-Frank authorized the council to designate specific nonbanks for tougher supervision, but the Trump administration has signaled support for "activities-based" designations.

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FSOC removes Zions' systemic risk label

09/12/18

The interagency council voted in favor of the bank's application to remove its designation, though the practical effect of the decision is muted by the regulatory relief law passed this spring.

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Texas bank commissioner appointed to nonvoting FSOC seat

09/07/18

The Dodd-Frank Act requires that one of the five nonvoting members of the Financial Stability Oversight Council be a state banking supervisor.

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Trump nominee for financial stability agency sought to eliminate it

07/27/18

As a House staffer, Dino Falaschetti tried to repeal Treasury’s Office of Financial Research. He should not be put in charge of it.

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