The Office of the Comptroller of the Currency, Federal Reserve System and FDIC adopted final rule amendments to simplify certain aspects of the capital rule for banking organizations that do not use advanced approaches in their capital frameworks.

The Federal Reserve Board, Office of the Comptroller of the Currency, CFTC, FDIC and SEC adopted final rule amendments to exclude certain firms with consolidated assets equal to or less than $10 billion from the Volcker Rule.

The CFTC voted to establish a Climate-Related Market Risk Subcommittee under the CFTC’s Market Risk Advisory Committee.

The Federal Reserve Board cautioned against the dangers of synthetic identity payment fraud.