Financial Assistance, Compliance 15 Jan 2025 banking, federal reserve, reporting and recordkeeping requirements, banks, economic policy, business financing, federal reserve system, regulation a, credit rates

📉Federal Reserve's Regulation A Changes Affect Business Credit Rates

The Board of Governors of the Federal Reserve System ("Board") has adopted final amendments to its Regulation A to reflect the Board's approval of a decrease in the rate for primary credit at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically decreased by formula as a result of the Board's primary credit rate action.

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Compliance, Regulatory 15 Jan 2025 regulatory compliance, federal reserve, acquisitions, financial services, mergers, bank holding companies
Regulatory Compliance, Financial Impact 15 Jan 2025 banking, federal reserve, reporting and recordkeeping requirements, financial institutions, interest rates, banks, reserve requirements, regulation d

💰Analysis of Regulation D Amendments and Financial Implications

The Board of Governors of the Federal Reserve System ("Board") has adopted final amendments to its Regulation D to revise the rate of interest paid on balances ("IORB") maintained at Federal Reserve Banks by or on behalf of eligible institutions. The final amendments specify that IORB is 4.4 percent, a 0.25 percentage point decrease from its prior level. The amendment is intended to enhance the role of IORB in maintaining the federal funds rate in the target range established by the Federal Open Market Committee ("FOMC" or "Committee").

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Regulatory Updates, Financial Compliance 14 Jan 2025 regulatory compliance, federal reserve, acquisitions, mergers, bank holding companies
Regulatory Compliance, Financial Data 13 Jan 2025 compliance, federal reserve, financial institutions, data collection, payments study

📊Federal Reserve Payments Study Approved for Three-Year Extension

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Federal Reserve Payments Study (FR 3066; OMB No. 7100-0351).

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Compliance, Consumer Trends, Financial Reporting 13 Jan 2025 information collection, federal reserve, credit terms, financial survey, banking compliance

📊Federal Reserve Proposes Extension of Credit Officer Survey through 2025

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Senior Credit Officer Opinion Survey on Dealer Financing Terms (FR 2034; OMB No. 7100-0325).

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Regulatory Compliance, Financial Reporting 13 Jan 2025 compliance, information collection, regulation, federal reserve, business operations

📋Federal Reserve Proposes Extension of Regulation II Compliance Requirements

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision the Recordkeeping and Disclosure Requirements Associated with Regulation II (FR II; OMB No. 7100-0349).

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Regulatory Compliance, Financial Impact 13 Jan 2025 compliance, business regulation, federal reserve, administrative practice and procedure, inflation adjustment, penalties, claims, civil money penalties, lawyers, equal access to justice, crime

💼Federal Reserve Updates Civil Money Penalties for Inflation in 2025

The Board of Governors of the Federal Reserve System (the "Board") is issuing a final rule amending its rules of practice and procedure to adjust the amount of each civil money penalty ("CMP") provided by law within its jurisdiction to account for inflation as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Compliance, Regulatory 7 Jan 2025 regulatory compliance, federal reserve, financial services, bank control, business acquisitions
Regulatory Compliance, Financial Regulation 3 Jan 2025 compliance, federal reserve, acquisitions, bank control, california, texas