Details

  • Date: 7/18/2014

The Washington Report | For the week ended July 11, 2014 

In this issue...

Safety & Soundness

  • International Association of Insurance Supervisors Releases Proposal for Basic Capital Requirements for G-SIIs
  •  OCC Increases Assessments for National Banks and Federal Savings Associations with Assets Greater than $40 Billion
  • OCC to Host Risk Assessment and Compliance Workshops
  • FSB Launches Peer Review of Supervisory Frameworks and Approaches to SIFIs
  • House Financial Services Committee Hearing Considers Bill to Increase Accountability and Transparency of Federal Reserve
  • Cybersecurity Information Sharing Act Approved by Senate Intelligence Committee
  • Federal Reserve Vice Chairman Fischer Offers Comment on Financial Reform and Too-Big-To-Fail Issues

 

Enterprise & Consumer Compliance

  • Federal Reserve Publishes Report on Independent Foreclosure Review and Payment Agreement for Large Mortgage Servicers
  • Interagency Webinar on Community Reinvestment Scheduled
  • CFPB Clarifies the Applicability of the Ability-to-Repay Rule to Successors-in-Interest
  • CFPB Releases Staff Memo Outlining Policy that Recognizes All Lawful Marriages Equally
  • CFPB Takes Enforcement Action Against a Payday Lender for Illegal Debt Collection Practices
  • SEC Commissioner Aguilar Addresses Exploitation of Elderly Investors

 

Capital Markets & Investment Management

  • U.S. Trading Exchange Executives and Market Participants Testify Before Senate Committee on Role of Regulation
  • SEC Approves Amendments to FINRA Rule Regarding Communications with the Public
  • Enforcement Actions

 

Recent Supervisory Actions