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”  Specifically, the final CRA rule applies to all national banks and savings associations supervised by the OCC, including federal and state-chartered savings associations, and uninsured federal branches of foreign banks. [read post]
14 Jun 2020, 4:27 pm by INFORRM
Global Banking & Finance Review had a piece “Harnessing blockchain to revamp the data privacy landscape”. [read post]
14 Jun 2020, 1:44 pm
  As a slogan ethics has been broadened to signify any sort of conduct that is to be condemned; as a narrowly tailored disciplinary rule system, it has become an arcane science with a vocabulary and logic of its own that is hardly ever self evident (as at least a couple of generations of law students might attest). [read post]
12 Jun 2020, 7:44 am by Kristian Soltes
And some of them also are dealing with demands from their merchant acquirers for more cash to fund reserve accounts. [read post]
4 Jun 2020, 7:30 am by Kristian Soltes
Federal Reserve Kicks Fedwire’s ISO 20022 Can Down the RoadFinextra – June 3, 2020 The Federal Reserve has announced it will not implement Phase 1 of the Fedwire Funds Services migration to ISO 20022 during 2020 or 2021. [read post]
3 Jun 2020, 9:05 pm by Gaurav Vasisht
News reports suggest that the Federal Reserve may be concerned about suspending capital distributions because it could signal a lack of confidence in banking system solvency. [read post]
3 Jun 2020, 8:58 am by Scott H. Kimpel
Monetary policy neutral: A digital dollar will not impact the Federal Reserve’s ability to affect monetary policy and control inflation. [read post]
2 Jun 2020, 1:53 pm by Mark Ashton
As I write this, the Atlanta branch of the Federal Reserve System has just announced their forecast that second quarter gross domestic product is expected to plummet 53%; a harrowing statistic. [read post]
2 Jun 2020, 6:57 am by Peter E. Harrell
Federal Reserve has partial oversight of Hong Kong’s U.S. [read post]
29 May 2020, 6:10 am by Shannon O'Hare
GERMAN LEGAL SYSTEM The Federal Republic of Germany is a state made up of a federation (Bund) of 16 states (Länder). [read post]
29 May 2020, 3:00 am by Jim Sedor
As Trump Removes Federal Watchdogs, Some Loyalists Replacing Them Have ‘Preposterous’ Conflicts MSN – Lisa Rein and Tom Hamburger (Washington Post) | Published: 5/24/2020 For the first time since the system was created in the aftermath of the Watergate scandal, inspectors general find themselves under systematic attack from the president, putting independent oversight of federal spending and operations at risk. [read post]
28 May 2020, 6:35 am by Jon L. Gelman
”“Congress must take swift action and begin contemplating a solution to provide all businesses protection against future pandemic risks,” said Leon Buck, National Retail Federation Vice President for Government Relations, Banking and Financial Services. [read post]
Additionally, the ARRC issued guidance on how to use the SOFR index published daily by the Federal Reserve Bank of New York in practice. [read post]
19 May 2020, 10:50 am by Kevin Kaufman
As described in a paper by then-Vice President of the Federal Reserve Bank of Boston Richard K. [read post]
18 May 2020, 9:01 pm by Joseph Margulies
According to the Federal Reserve, nearly four in ten Americans do not have enough cash on hand to cover an unanticipated expense of $400. [read post]
17 May 2020, 9:30 pm by Dan Ernst
  Although the statute did not mention grazing by name, the Interior Department established a permit system for grazing in the forest reserves. [read post]
14 May 2020, 9:05 pm by Max Masuda-Farkas
To increase the resilience of the financial system, Gelzinis recommended that the Federal Reserve require banks to suspend all capital distributions, change the annual stress tests, raise more capital through equity markets, and suspend the stress capital buffer rule. [read post]
12 May 2020, 4:00 am by Charlotte Butash
Mazars, Deutsche Bank and Capital One declined to take a position in the litigation. [read post]