Articles: 1-10 of 165
Congress Invalidates True Lender Rule, President Expected to Sign
USA - June 25 2021 On June 24, the US House of Representatives voted to join the US Senate in a joint resolution of disapproval under the Congressional Review Act (CRA)…
Basel Committee Proposes Risk-Based Regulatory Capital Treatment for Many Cryptoassets
USA - June 17 2021 The Basel Committee on Banking Supervision (Basel Committee), a committee of global central bankers and regulators, issued a Consultative Document on…
CFPB Finalizes Delay of Mandatory Compliance Date for General Qualified Mortgage Final Rule
USA - April 28 2021 On April 27, 2021, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a final rule formally delaying the mandatory compliance date for…
OCC Conditionally Approves Trust Company Charter for Crypto Firm
USA - April 28 2021 The OCC granted preliminary conditional approval on April 23 to an application to charter Paxos National Trust (Paxos) as an uninsured National Trust…
Members of Congress Introduce Joint CRA Resolution to Overturn the OCC’s True Lender Rule
USA - March 30 2021 Senator Chris Van Hollen (D-MD) introduced a Congressional Review Act (CRA) resolution of disapproval on March 26 that would invalidate the Office of…
Federal Banking Regulators Support Treasury’s Investments in Minority Depository Institutions and Community Development Financial Institutions
USA - March 16 2021 The OCC, the Federal Reserve Bank, and the FDIC (collectively, the Banking Regulators) announced an interim final rule on March 9 that revises their…
Elections Have Consequences: Biden’s CFPB Leadership Rescinds Previous Administration Self-Fencing of Enforcement Authority
USA - March 15 2021 The Consumer Financial Protection Bureau (CFPB or Bureau) issued a Statement of Policy (Statement) on March 8 making it clear that going forward it…
CFPB Proposes Delay of Mandatory Compliance Date for General Qualified Mortgage Rule
USA - March 4 2021 We previously reported on recent mortgage rulemakings that were finalized by the Consumer Financial Protection Bureau (CFPB or Bureau) late last year…
CFPB Provides Status Update Concerning Recently Finalized Qualified Mortgage Rules
USA - February 24 2021 We previously reported on recent mortgage rulemakings that were finalized by the Consumer Financial Protection Bureau (CFPB or Bureau) late last year…
New Administration, More Forbearance: Biden Administration Announces Extension of COVID-19 Forbearance and Foreclosure Protections for Homeowners
USA - February 18 2021 As part of President Joe Biden’s efforts to address the continuing impact of the COVID-19 pandemic on American families, on February 16, the US…
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