FDIC and Canada’s Deposit Insurance Corporation sign memorandum of understanding *

Canada, USA - June 14 2013
On June 12, the Federal Deposit Insurance Corporation (FDIC) announced the signing of a Memorandum of Understanding (MOU) with the Canada Deposit…

---

CFPB Director Cordray addresses overdraft fees *

USA - June 14 2013
In prepared remarks given on June 11, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray summarized the CFPB's preliminary report…

---

OCC adjusts policy statement to facilitate capital raising by minority institutions *

USA - June 14 2013
On June 11, Comptroller of the Currency Thomas J. Curry told an interagency conference on minority depository institutions (MDI) and community…

---

Federal Reserve equalizes treatment of foreign banks under Dodd-Frank push out rules *

USA - June 7 2013
On June 5, 2013, the Federal Reserve Board approved an interim final rule designed to give uninsured US branches and agencies of foreign banks the…

Co-authors: Guy C. Dempsey Jr..

---

CFPB amends the ability-to-repay rules regarding qualified mortgages *

USA - May 31 2013
On May 29, the Consumer Financial Protection Bureau (CFPB) finalized rules to facilitate access to credit by creating specific exemptions and…

---