FSOC

Treasury details overhaul of nonbank SIFI supervision process

11/17/17

The Treasury Department outlined its vision Friday for how and when federal agencies should use their powers to subject nonbanks to enhanced regulatory scrutiny, emphasizing activities over individual firms.

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Treasury must seize opportunity to rein in SIFI powers

11/09/17

The authority of the Financial Stability Oversight Council to label a firm a “systemically important financial institution” triggers duplicative regulation even if bank-like rules are not appropriate to the company.

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Fed’s Powell says U.S. bank capital is 'about right'

10/03/17

Federal Reserve Gov. Jerome Powell said capital levels have been well calibrated but that some changes to the capital rules may be in order to make compliance easier.

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MetLife may be next to lose ‘too big to fail’ label

10/02/17

After the FSOC voted to rescind its systemic designation for AIG, it's unclear whether the interagency council will continue to appeal a court ruling overturning MetLife's SIFI designation.

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ABA, banks sue CFPB to block rule; Equifax eyes clawbacks

10/02/17

A number of banks and business groups sue to block prohibition on mandatory arbitration; credit bureau weighs how far back to look in denying compensation.

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AIG no longer systemically important, FSOC says

09/29/17

The Financial Stability Oversight Council said Friday that AIG, whose collapse threatened to bring down the U.S. financial system during the financial crisis, should no longer be subject to enhanced standards.

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Is Trump’s FSOC still a regulator? Maybe it never was

09/25/17

The Trump administration has implemented an apparent role reversal for the Financial Stability Oversight Council, leaving the true intended role of the post-crisis systemic risk body unclear.

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The rise and fall of Equifax; JPM plans Polish expansion

09/25/17

Ironically, the credit bureau’s rise was built on promise to safeguard customers’ most sensitive information; bank to build global ops center in Warsaw.

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Mnuchin shows no interest in continuing FSOC’s hedge fund inquiry

09/22/17

The lack of progress by the Trump administration with an examination of hedge fund risks is particularly troubling in light of key Trump backers’ ties to the hedge fund industry.

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Prudential is said to plot its escape from Fed oversight

08/17/17

Prudential Financial is laying the groundwork to escape the government's label that it's too big to fail, a move that would dramatically reduce federal oversight of the largest U.S. life insurer.

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