Remove DC Remove Leadership Remove Regulation Remove System
article thumbnail

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

Perficient

The regulators feel that this proposed LTD rule would: Improve the resolvability of these banking organizations in case of failure, Potentially reduce costs to the Deposit Insurance Fund, and Mitigate financial stability and contagion risks by reducing the risk of loss to uninsured depositors.

article thumbnail

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

Perficient

Earlier this year, 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) unveiled a proposed rule that would reshape the landscape for certain financial institutions. Learn More: U.S.

DC 221
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 “.

article thumbnail

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. Now, with the U.S.

article thumbnail

At the Intersection of Banking and Politics

ZootBlog

This can be very tricky because not only do these appointees have to have to be somewhat of an expert in the areas of banking, they must also be able to navigate the political arena in Washington, DC. Department of the Treasury and a decade as a bank regulator. Bush in banking and financial regulations. financial system.

article thumbnail

What We Learned About Alternative Finance In 2016

PYMNTS

We can’t say we know what’s next for P2P lending, the CFPB or subprime borrowers — nor do we think anyone else can either — but we can tell you that how those stories unfold will make a very big difference to the shape of financial services yet to come and who will (and won’t) be included as part of the mainstream financial system.

Lending 117
article thumbnail

GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. One word can summarize this action-packed banking year, GonzoBankers – tiring. This year brought us: Mergers out the yin-yang. Heavy core conversions weighing us down. Payments chaos.