• Date: 7/15/2014

The Washington Report | For the week ended July 3, 2014 

In this issue...

Safety & Soundness

  • Foreign Bank Penalized by U.S. Regulators for Violating U.S. Sanctions Laws  
  • BIS 84th Annual Report Discusses Transitions Needed for "Sustainable and Balanced Economic Growth" Following the Crisis
  • Federal Reserve Chair Yellen Says Macroprudential Regulation Is a Better Tool than Monetary Policy to Pursue Financial Stability
  • Federal Reserve and FDIC Release Public Sections of Resolution Plans
  • OCC to Host Mutual Savings Association Advisory Committee Meeting
  • Agencies Issue Host State Loan-to-Deposit Ratios


Enterprise & Consumer Compliance

  • Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies
  • Federal Reserve and State Regulators Fine Bank for Deceptive Practices of Its Third-Party Agent
  • Agencies Issue Guidance for Home Equity Lines of Credit Nearing Their End-of-Draw Periods
  • CFPB Rolls Out Materials Package for Community Financial Education Project with Public Libraries


Capital Markets & Investment Management

  • CFTC Further Extends Reopened Comment Period for Two Rulemaking Proposals 
  • OCC Reports First Quarter Trading Revenue of $6.1 Billion
  • SEC Commissioner Aguilar on Evaluating Pension Fund Investments through the Lens of Good Corporate Governance
  • CFTC Extends Time-Limited, No-Action Relief for Swap Dealers and Major Swap Participants from Compliance with Reporting Obligations
  • FINRA Brings Transparency to 144A Corporate Debt Transactions
  • Basel Committee and IOSCO Undertake Survey of Securitization Markets
  • Enforcement Actions


Recent Supervisory Actions