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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

Impacted organizations include certain large depository institution holding companies , U.S. intermediate holding companies of foreign banking organizations , and certain insured depository institutions. Comments must be received on or before November 30, 2023. Contact us to discuss your specific risk and regulatory challenges.

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Understanding U.S. Regulator’s Proposed Extended Comment Period

Perficient

A Brief Overview Initially slated for comments by November 30, 2023, the proposed rule mandates specific financial institutions to issue and maintain a minimum amount of outstanding long-term debt (LTD), including: Large depository institution-holding companies U.S. Learn More: U.S.

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in pointed remarks at the DC Blockchain Summit 2022. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation. . Responsible Innovation “.

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Financial Policy Predictions 2021: Meaningful Changes Ahead

FICO

Since the FCC’s 2015 broad definition of Automatic Telephone Dialing System (ATDS) was struck down by the DC Court of Appeals, a steady stream of class action lawsuits have resulted in a number of conflicting decisions and a split among the courts. companies and companies doing business in the U.S. Now, with the U.S.

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2017 Banking Regulatory Predictions—Brace for a Sea Change

FICO

This meant a continued focus on implementation of recently adopted rules, while bracing for a wave of new regulations from the federal banking agencies. The Trump administration, bolstered by the reelection of a Republican majority in both houses of Congress, has fostered a new environment that is expected to promote de-regulation.

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Yes, I really did just accept an a position on the Consumer Advisory Board of the CFPB! (Consumer Financial Protection Bureau)

Javelin Strategy & Research

This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I have a lot to learn! I can’t get enough of innovation and digital strategy. So what do you think I should focus on?

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What We Learned About Alternative Finance In 2016

PYMNTS

Last year saw the agency offer up major revisions to regulation governing payday (and short-term) lending, arbitration in consumer contracts, car loans , marketplace lenders and p repaid cards. Proponents argued that consumers need deep, rule-enshrined protections from the deprivations of the financial sector. And they are.

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