The federal banking agencies’ 1,087-page Basel III endgame proposal, released on July 27 after split votes at both the Federal Reserve and the FDIC, has roiled the banking sector. The p...
The FDIC, Federal Reserve and OCC have proposed to extend the long-term debt and clean holding company portions of the Federal Reserve’s existing TLAC Rule for U.S. GSIBs and U.S IHCs o...
The Federal Reserve and FDIC have released the Section 165(d) Rule Guidance Proposals and the FDIC has released an IDI Resolution Planning Rule Proposal, both of which would result in maj...
The Federal Reserve Board released two supervisory letters: one introducing a program to supervise novel activities and one providing details on the process for state member banks to enga...
The House Financial Services Committee approved the Clarity for Payment Stablecoins Act of 2023. If enacted, the legislation would create a regulatory framework for the issuance and overs...
This deck provides an overview of Dodd-Frank Act Section 1033, sometimes referred to as the Dodd-Frank Act’s “open banking” provision, and reviews developments over the past several...
Representatives Patrick McHenry (R-NC) and Maxine Waters (D-CA), the respective Chair and Ranking Member of the House Financial Services Committee, have been negotiating legislation to re...
As the RECOUP Act advances through Congress, there should be a deeper look at the removal and corporate governance provisions, which have been largely ignored by the business press. These...
The Federal Reserve, FDIC and OCC released final joint guidance on banking organizations’ management of risks associated with third-party relationships. The guidance applies to all thir...
The Financial Stability Oversight Council unanimously approved two proposals for public comment regarding FSOC’s authority to designate nonbank financial companies for Federal Reserve s...
