The House Financial Services Committee Taskforce on Financial Technology considered the implications of central bank digital currencies as they pertain to (i) trade-offs in the design of different technological infrastructures, (ii) consumer privacy and (iii) increased access to financial services.
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The FDIC is seeking comment on a proposed amendment to align the agency's Guidelines for Real Estate Lending Policies with the October 2020 revised community bank leverage ratio rule.
The FDIC issued a revised statement of policy regarding minority depository institutions that "updates, strengthens and clarifies" existing policies.
A real estate settlement services provider settled SEC charges for inadequate disclosure controls and procedures related to cybersecurity vulnerabilities arising from the company's document-sharing application for title and escrow transactions.
A firm settled FINRA charges for reporting violations involving the MSRB's Short-Term Obligation Rate Transparency System.