Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency For immediate release December 19, 2013 Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings … [Read more...]

Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the CurrencySecurities and Exchange Commission For immediate release December 19, 2013 Federal Financial Regulators Extend Comment Period for Proposed Policy Statement on Assessing Diversity Policies and Practices of Regulated Entities Six federal financial regulatory agencies announced today that they are … [Read more...]

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 13, 2013 Agencies issue statement on supervisory approach for qualified and non-qualified mortgage loans WASHINGTON--Four federal financial institution regulatory agencies today issued a statement to clarify safety-and-soundness expectations and Community Reinvestment Act (CRA) considerations related to … [Read more...]

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 13, 2013 Agencies issue statement on supervisory approach for qualified and non-qualified mortgage loans WASHINGTON--Four federal financial institution regulatory agencies today issued a statement to clarify safety-and-soundness expectations and Community Reinvestment Act (CRA) considerations related to … [Read more...]

Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationFederal Housing Finance AgencyNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 12, 2013 Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements WASHINGTON--Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal … [Read more...]

Board of Governors of the Federal Reserve SystemConsumer Financial Protection BureauFederal Deposit Insurance CorporationFederal Housing Finance AgencyNational Credit Union AdministrationOffice of the Comptroller of the Currency For immediate release December 12, 2013 Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements WASHINGTON--Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal … [Read more...]

Board of Governors of the Federal Reserve SystemCommodity Futures Trading CommissionFederal Deposit Insurance CorporationOffice of the Comptroller of the CurrencySecurities and Exchange Commission For immediate release December 10, 2013 Agencies Issue Final Rules Implementing the Volcker Rule Five federal agencies on Tuesday issued final rules developed jointly to implement section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Volcker Rule"). The final rules … [Read more...]

Release Date: December 10, 2013 For immediate release The Federal Reserve Board on Tuesday announced that banking entities covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act will be required to fully conform their activities and investments to the statute and regulations by July 21, 2015. Section 619, commonly referred to as the "Volcker Rule," prohibits insured depository institutions and any company affiliated with an insured depository institution from … [Read more...]

Release Date: December 10, 2013 For immediate release The Federal Reserve Board on Tuesday announced that banking entities covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act will be required to fully conform their activities and investments to the statute and regulations by July 21, 2015. Section 619, commonly referred to as the "Volcker Rule," prohibits insured depository institutions and any company affiliated with an insured depository institution from … [Read more...]

Release Date: December 6, 2013 For immediate release The Federal Reserve Board on Friday issued a final rule that makes technical changes to the Board's market risk capital rule to align it with the Basel III revised capital framework adopted by the Board earlier this year. The market risk capital rule is used by banking organizations with significant trading activities to calculate regulatory capital requirements for market risk. Technical changes to the rule reflect modifications by the … [Read more...]