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2022 Dodd-Frank Stress Test Scenarios Released

Perficient

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. As repeated by federal bank regulators, the required economic scenarios are not forecasts.

Capital 294
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The pro-cyclicality of capital ratios and credit supply, a tale of two sizes

BankUnderground

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The reforms aimed to ensure that banks have sufficient capital resources to absorb losses and reduce the cyclical effects of bank capital (and regulation) on the supply of bank credit in stress.

Capital 84
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Treasury Finds Promise In, Urges Regulation Across, FinTech Landscape

PYMNTS

The report urged regulation that would standardize efforts across these tech upstarts, with an eye on new services and the way data is collected and stored. As reported, financing FinTechs has been enthusiastic, touching $22 billion in 2017 — up 13 times from 2010.

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AI, Security And Loosened Rules: How The US Wants To Boost FinTech

PYMNTS

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. The report arrives at a time of growing optimism for U.S.

Fintech 194
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Are the regulators getting you down?

Jeff For Banks

Take for example the language from an FA Article relating to a strategic plan issued by the OCC to The Suffolk County National Bank of Riverhead (“SCNB”) in New York on October 25, 2010: “The Board shall adopt, implement, and thereafter ensure Bank adherence to a written strategic plan for the Bank covering at least a three-year period.

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ECB Wants ‘Single Agency’ For AML Enforcement

PYMNTS

As of now, the central bank is tasked with looking over the compliance of banks to capital standards as well as other financial stability-related regulations. Monitoring money-laundering, however, is usually handled at the national level. and Dutch authorities to a firm owned by an Uzbek official.

Regional 109
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 Dodd-Frank Looms For Capitol Hill Consideration

PYMNTS

Dodd-Frank , the controversial 2010 legislation that came in the wake of the financial crisis that was in the crosshairs of the Trump administration from the start, seems to be resting a bit easy at the moment – but perhaps just for the moment. . Capital requirements would be loosened and stress tests would come less than once a year.