The Federal Reserve Board notified supervised institutions, including those with $10 billion or less in consolidated assets, that certain "Supervision and Regulation" and "Supervision and Regulation and Consumer Affairs" letters are now inactive.
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The New York Department of Financial Services proposed guidance for state-regulated banking and mortgage institutions on managing financial stability risks related to climate change.
The FDIC proposed amendments (i) to modernize sign and advertising requirements to account for banks doing business with customers not physically in a branch and (ii) to clarify regulations regarding the advertisement of deposit insurance coverage, particularly as banks may offer non-insured products, such as those involving digital assets.
The SEC named Sarah ten Siethoff as the new Deputy Director of the Division of Investment Management.
A bank settled CFPB charges of violating the unfair acts and practices provisions of the Consumer Financial Protection Act.