FSB Thinks 2020 Reg Relief Could Go, Stay – It All Depends
In conjunction with the G20 summit, the FSB has released a policy paper assessing the extent to which various pandemic-related regulatory forbearances should be continued.
FSB Reiterates Climate, Crypto, NBFI Plans
The FSB head’s letter to the G20 today reiterates all of the priorities expressed in its October letter to G20 finance ministers.
Regulatory Hearings to Address Last-Gasp 2022 Agenda, Position Panels for a Busy New Year
With GOP House and Democratic Senate control largely assured, this week’s hearings with Messrs. Barr, Gruenberg, Harper, and Hsu will illuminate not only current priorities – most notably what’s next for federal crypto law and rule – but also the very different priorities HFSC and Senate Banking will advance in the next Congress.
FRB-NY Staff: Big U.S. Banks Remain Extremely Resilient
In its latest assessment of the vulnerability of the fifty largest U.S. BHCs, Federal Reserve Bank of New York staff confirmed the overall rosy assessment of bank resilience in the Board’s latest financial-stability report (see Client Report SYSTEMIC94).
OCC Ramps Up Fair-Lending Enforcement
In remarks delivered for Acting Comptroller Hsu, Senior Deputy Comptroller for Bank Supervision Policy Grovetta Gardineer reiterated that ensuring fairness is a top OCC priority.
Gruenberg Finally Gets the Nod
Knowing now that he has secured Democratic Senate control into next year, President Biden today finally and formally nominated Acting FDIC Chairman Gruenberg to assume the chairmanship.