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 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