💳Proposed Extension of Interchange Fees Survey - Comment Request
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Interchange Transaction Fees Survey (FR 3064; OMB No. 7100-0344).
Learn More🏦Change in Bank Control Notices
The Federal Reserve is accepting applications for changes in bank control under the Change in Bank Control Act. Interested parties can publicly comment on applications for acquiring shares of banks and bank holding companies, emphasizing the importance of transparency and compliance in financial dealings within the banking sector.
Learn More📑Rescission of State Notification Rules and Business Implications
This direct final rule rescinds the Consumer Financial Protection Bureau's (Bureau's) procedures by which a State official must notify the Bureau when the official takes an action to enforce the Consumer Financial Protection Act.
Learn More🏦FDIC Sunshine Act Meeting
The Federal Deposit Insurance Corporation (FDIC) will hold a public meeting to discuss vital matters, including updates on the Deposit Insurance Fund Restoration Plan. The board's discussions may influence banking policies and regulatory frameworks affecting financial institutions and stakeholders. Participants can observe the meeting via webcast for further engagement.
Learn More🏦Federal Reserve Notice on Bank Control and Acquisition Requirements
The Federal Reserve System has issued a notice detailing applications under the Change in Bank Control Act for acquiring bank shares. Interested parties can submit comments on related regulations, with guidance on where and how to express their views. The notice outlines the processes for public disclosure and compliance in such acquisitions.
Learn More🏦Federal Reserve Notice on Bank Holding Companies and Mergers
The Federal Reserve System issues a notice regarding the applications for bank holding company formations, acquisitions, and mergers. The notice invites public comments on the applications, emphasizing transparency and compliance with the Bank Holding Company Act and related regulations. Applications are available for public inspection, providing insights into ongoing banking transactions.
Learn More💰FDIC's Notice on Termination of Receiverships - Business Implications
The FDIC announced its intention to terminate receiverships for specific banks following completed asset liquidation. Proven creditors will receive final dividends as a result, and public comments are invited regarding this termination, providing a significant closure for affected stakeholders in the banking sector.
Learn More⚖️CFPB Proposed Rule
The Consumer Financial Protection Bureau (Bureau) is proposing to rescind the amendments it adopted to the Rules of Practice for Adjudication Proceedings (Rules of Practice) on February 22, 2022, and March 29, 2023.
Learn More🏦Federal Reserve Notice on Bank Holding Companies Regulation
The Federal Reserve notice discusses applications for bank holding company formations, acquisitions, and mergers under the Bank Holding Company Act. It outlines the public's right to comment and specifies the procedural requirements for approval, emphasizing transparency and public disclosure in the regulatory process.
Learn More💳USPS Privacy Act Changes and Their Impact on Business Compliance
The United States Postal Service (USPS) is proposing to revise a Customer Privacy Act System of Records (SOR), in order to enhance the flexibility needed to support ongoing administrative and compliance activities for the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) requirements and standards, as determined by the Financial Crimes Enforcement Network (FinCEN).
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