7,238 results found

On March 24, acting FDIC Chairman Travis Hill informed Congress that the agency is preparing to eliminate the use of "reputation risk" as a basis for supervisory criticism.

Ms. McWilliams added that only three banks were lost during COVID-19 and none due to the pandemic or subsequent economic stress.

On Nov. 18, 2024, the Federal Deposit Insurance Corporation (FDIC) announced a 45-day extension to the public comment period for its proposed rule making (Proposed Rule)...

On July 23, the U.S. District Court for the Eastern District of Pennsylvania denied the Department of Justice's motion to terminate a consent order requiring a Pennsylvania bank to implement a five-year fair lending...

On March 28, the Federal Reserve, FDIC, and OCC jointly announced plans to rescind 2023 revisions to the Community Reinvestment Act (CRA) regulations.

On April 30, the Board of Governors of the Federal Reserve System released an Updated Statement of Supervisory Operating Principles for Federal Reserve supervisory staff.

In November, the Financial Industry Regulatory Authority launched a targeted examination into firm practices regarding retail communications concerning crypto asset products and services.

Crypto with Katten will present "Fireside Chat With NY Department of Financial Services Deputy Superintendent of Virtual Currency Peter Marton" on Tuesday, September 13.

In the fast-paced world of business consulting, when it comes to choosing a consultant to secure money transmission licenses, experience offers significant advantages. Here are five reasons why seasoned expertise.

Initial coin offerings or similar types of sales of virtual-based coins and tokens, are quickly becoming an important fundraising tool for many early-stage companies.

On June 26, Florida enacted House Bill 175 and Senate Bill 1568, establishing a state licensing framework for payment stablecoin issuers and a voluntary pilot program for payments to the Department of Financial Services.

For Bloomberg Law, Gary examined recent market turbulence and how it has renewed debate over federal regulation of crypto.

On June 16, Michael Hsu, the Acting Comptroller of the Currency gave remarks at the American Bankers Association's Risk and Compliance Conference about the risks of tokenization and AI on the banking industry.

The IOSCO Board approved its Work Program 2021-2022, which includes a study of (i) systemic risk resulting from non-bank financial intermediation, and (ii) risks that were increased by the COVID-19 virus, including fraud and ...

On July 26, the CFPB released its Summer 2023 Supervisory Highlights reporting unfair, deceptive, and abusive acts or practices (UDAAPs) across a number of consumer financial products...

On October 11, 2019, the leaders of the Commodity Futures Trading Commission, Financial Crimes Enforcement Network, and Securities...

On February 12, the National Credit Union Administration issued a notice of proposed rulemaking to implement the licensing framework required by the GENIUS Act.