Events listed in Dodd-Frank Act
Agency Information Collection Activities; Submission for OMB Review; Comment ...
ID 23684
In February 2023, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FED), and the Federal Deposit Insurance Corporation (FDIC) requested comments on their proposed revised data collection in connection with „Call Reports“ and the FFIEC 002 and 002S reports. Call reports must be filed by all banks and bank holding companies located in the ...
Announcement of Financial Sector Liabilities
ID 23678
The Board of Governors of the Federal Reserve System (FED) published in the Federal Register its annual determination of the aggregate consolidated liabilities of financial companies as required by section 622 of the Dodd-Frank Act. The act prohibits a financial company from combining with another company, if the resulting company’s liabilities would exceed 10 percent of the aggregate consolidated liabilities of ALL financial companies. ...
Agencies request comment on quality control standards for automated valuation ...
ID 23526
Several U.S. banking regulators, including the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency, have announced an upcoming consultation as regards the use of automated valuation models (AVMs) in assessing the value of collaterals involving ...
Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)
ID 23493
The Bureau of Consumer Financial Protection has published in the Federal Register (FR) its final rule amendments to Statutory Instrument 12 CFR Part 1002 regarding the reporting under the Equal Credit Opportunity Act. The final rules are accompanied by the feedback the Bureau has received from commenters on the Bureau’s corresponding consultation that was launched in October 2021. According to the finalized document, the ...
FSOC Issues for Public Comment Proposed Analytic Framework for Financial Stability ...
ID 22887
The U.S. Department of the Treasury, USDT, has published a [press statement](https://home.treasury.gov/news/press-releases/jy1432) to announce two (upcoming) consultations in connection with the maintenance of financial stability in the U.S., both launched by the USDT’s Financial Stability Oversight Council: The first consultation, which was meanwhile published in the Federal Register, seeks feedback on a proposed analytical framework for the identification, assessment, ...
Federal Reserve Board announces its approval for UBS Group AG to acquire the U.S. ...
ID 22776
The Board of Governors of the Federal Reserve System (FED) has published a press release to inform that it has approved the acquisition of the U.S. subsidiaries of Credit Suisse Group AG by UBS AG. Specifically, the FED approved the purchase of all voting shares of Credit Suisse Holdings (USA), Inc. (CSHUSA). This approval is required for companies exceeding certain thresholds. Additionally, the FED ...
Interest Rate Risk: Interest Rate Risk Statistics Report
ID 22733
On April 12, 2023, the Office of the Comptroller of the Currency (OCC) issued a press statement to inform that it has published its latest Interest Rate Risk (IRR) Statistics Report which is released semi-annually and based on data gathered during „examinations of OCC-supervised midsize and community banks and federal savings associations“. The report does not reflect any expectations of the OCC, but rather ...
Proposed Agency Information Collection Activities; Comment Request (FED proposes to ...
ID 22521
On March 28, 2023, the Board of Governors of the Federal Reserve System (FED) published in the Federal Register a proposal to extend for three years, with revisions, the collection of all FR Y-9 reports. The reports must be filed by bank holding companies, certain savings and loan holding companies, all securities holding companies, and U.S. intermediate holding companies and include the following: – ...
SEC Office of Municipal Securities Issues FAQs for Registration of Municipal ...
ID 22361
The U.S. Securities and Exchange Commission has published an update to its frequently asked questions (FAQs) as regards the registration and registration requirements of „Municipal Securities Advisors“. Specifically, the Commission has added an entirely new section, section 18 entitled „COMPLETION OF FORM MA, FORM MA-I, AND FORM MA-NR“, with the following questions – as cited: ***Question 18.1: What Constitutes “Prompt” Filing of Required Forms . ...
CFTC Staff Announces Modifications to the Technical Specification for Parts 43 and ...
ID 22221
The U.S. Commodity Futures Trading Commission, CFTC, has published a revised version (Version 3.2) of its technical specifications for the reporting and public dissemination of swap contracts and transaction data under Statutory Instruments 17 CFR Part 43 (Real-Time Public Reporting) and 17 CFR Part 45 (Swap Data Recordkeeping and Reporting Requirements). The document – which sets out detailed instructions on such reporting, including „the ...