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Cryptocurrency risks, rewards and red flags for financial institutions

Abrigo

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. Takeaway 2 While these financial products are appealing, the lack of stability and consumer protections surrounding them are a concern for the FDIC. ? .

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Ireland Crypto Regulation Looms

PYMNTS

In Ireland, reported CryptoGlobe , the Irish cabinet has approved legislation that will bring more regulation to the sector. Separately, in India, the action toward crypto regulation seems to be … inaction. Frankly, recent market movements have not given us any reason to be concerned,” she said. In the U.S.,

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2020 CRE Outlook: Trends Expected to Shape Commercial Real Estate Lending

Abrigo

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. Real Estate Market Outlook. MBA Vice President for CRE Research Jamie Woodwell said in a news release that low interest rates gave CRE markets a boost last year. “In

Lending 195
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Robinhood Retreats From Checking, Savings Products

PYMNTS

That marketing material was removed from the page over the weekend, as were tweets promoting it at the launch — the FinTech is now calling the offering a cash management service, reported Bloomberg. The executives told Bloomberg they are working with regulators and are in the process of overhauling the marketing material related to it.

FDIC 191
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CARES Act includes provisions affecting financial institutions and their regulation: some key provisions

CFPB Monitor

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4008 – Debt Guaranty Authority.

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The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

Abrigo

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. On January 28, the Federal Deposit Insurance Corp.

Lending 195
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The Risk Your Asset/Liability Management Process Might Be Missing

Abrigo

Obviously, protecting financial institutions against the impact to capital and earnings of rising interest rates has been the particular focus of regulators for more than a decade. FDIC FIL-46-2013 October 8, 2013. Over the last six years, that rate has risen less than 175 basis points to 1.83% (as of October 2019).