Events listed in [FED] Federal Reserve Board
Long-Term Debt Requirements for Large Bank Holding Companies, Certain Intermediate ...
ID 26005
As announced earlier in November 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) have now published in the Federal Register the extension of the comment period up to January 16, 2024 on their proposed rule amendments to require certain large depository institution holding companies, U.S. ...
Appraisals for Higher-Priced Mortgage Loans Exemption Threshold
ID 26001
As previously announced, the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board (FED), and Office of the Comptroller of the Currency (OCC) have now published in the Federal Register their joint regulation to increase the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans from $31,000 to $32,400, effective January 1, 2024. This means that financial institution granting mortgage loans ...
Consumer Leasing (Regulation M)
ID 25998
As previously announced, the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board (FED) have now published in the Federal Register their amendment to Regulation M (Consumer Leasing Regulation) to adjust the threshold indicating whether or not a leasing agreement falls under the regulation and is thus subject to enhanced disclosure and marketing requirements on part of the lessor. In detail, the agencies ...
Federal Reserve Board announces annual indexing of reserve requirement exemption ...
ID 25950
The Board of Governors of the Federal Reserve System (FED) has announced its upcoming amendments to statutory instrument 12 CFR Part 204, § 204.4 to adjust the amounts of reservable liabilities, including net transaction accounts, exempt from reserve requirements for 2024. Because the reserve ratio was set to zero at the onset of Covid-19 in 2020 (even beyond the limits), the new boundaries are actually ...
Agencies extend comment period on proposed rule to require large banks to maintain ...
ID 25893
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) (collectively referred to as the „agencies“ or „regulators“) have published a press statement to **announce the extension of the comment period up to January 16, 2024 on their proposed rule amendments to require certain large depository institution holding ...
Federal Reserve Board announces pricing, effective January 2, 2024, for payment ...
ID 25861
The Board of Governors of the Federal Reserve System (FED) has announced on its website and meanwhile published in the Federal Register its 2024 fee schedule for services provided to financial institutions which in this case relates to banks and credit unions only. According to the accompanying statement, the FED has increased fees – on average – by 1.8% based on the newly determined ...
Agencies announce dollar thresholds for smaller loan exemption from appraisal ...
ID 25781
The Consumer Financial Protection Bureau (CFPB), the Federal Reserve Board (FED), and Office of the Comptroller of the Currency (OCC) have announced an upcoming regulation to increase the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans from $31,000 to $32,400, effective January 1, 2024. This means that financial institution granting mortgage loans of less than $32,400 will not need to ...
Agencies announce dollar thresholds for applicability of truth in lending and ...
ID 25769
The Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board (FED) have announced amendments to Regulation M (Consumer Leasing Regulation) and Regulation Z (Truth in Lending Regulation) to adjust the thresholds indicating whether or not a lease transaction or credit agreement falls under the corresponding regulations and is thus subject to enhanced disclosure and marketing obligations or restrictions and extended customer privileges as ...
Regulatory Capital Rule: Large Banking Organizations and Banking Organizations With ...
ID 25543
As previously announced by the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve System (FED), **the regulators have now published in the Federal Register the extended deadline for the submission of comments on their proposed new rule to modify the capital requirements of large financial institutions in the U.S. ...
Risk-Based Capital Surcharges for Global Systemically Important Bank Holding ...
ID 25520
As previously announced by the Board of Governors of the Federal Reserve System (FED), the regulator has now published in the Federal Register the extended deadline for the submission of comments on its proposed adjustments to the calculation of the capital surcharge for the largest and most complex banks. Specifically, the FED is extending the deadline from November 30, 2023 to January 16, 2024 ...