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Tag: Federal Reserve Board


Regulations

Federal Banking Agencies Adopt Climate-Related Financial Risks Guidance

November 6, 2023

Via: JD Supra

On October 24, 2023, the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (together, the “Agencies”) released their final Principles for Climate-Related Financial Risk Management for Large Financial Institutions (the […]


Regulations

Under the Fed’s Tiered System, Requests for Master Account Access by Cryptocurrency Companies Will Be Subject to the Strictest Scrutiny

August 22, 2022

Via: JD Supra

On August 15, the Federal Reserve Board (Fed) issued final guidelines, outlining the tiered approach it will use when evaluating the growing requests from fintech firms and cryptocurrency companies for access to master accounts. The guidelines make clear that while […]


Capital and Risk, Macroeconomic

Stephen Moore says the decline in ‘male earnings’ is a big issue for the economy

April 30, 2019

Via: CNBC

The drop in earnings for men is the biggest challenge facing the economy, according to Stephen Moore, the man President Donald Trump has said he wants to nominate to the Federal Reserve board. Speaking Tuesday with CNBC’s “Squawk Box, ” […]


Regulations

U.S. Bancorp Announces Resolution Finalizing Legacy BSA / AML Matters

February 15, 2018

Via: Yahoo

U.S. Bancorp (USB), parent company of U.S. Bank, announced today that it has resolved previously disclosed matters related to its Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs with the U.S. Attorney’s Office for the Southern District of […]