Michelle Bowman was recently sworn to duty as a member of the Federal Reserve Board of Governors, becoming the board's first governor to fill a spot designated for someone with community banking exper...
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Measurability and comparability of non-financial performance remain the biggest hurdles to ESG (environmental, social, and governance) investment growth, according to a recently released BNY Mellon re...
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The Federal Deposit Insurance Corporation (FDIC) has issued a proposed residential real estate guideline raising the threshold for transactions requiring an appraisal to $400,000. Officials said th...
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A recent report released by PricewaterhouseCoopers and The World Bank Group maintains taxing bodies should increase technology use to reduce the tax compliance burdens on taxpayers. Officials said ...
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A group of domestic and European insurance regulatory entities met recently to continue discussions on cybersecurity, cyber insurance, use of big data and intra-group transactions. The National Ass...
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The Business Roundtable recently provided an update concerning the progression of guidelines for consumer data privacy. Officials said the Business Roundtable, comprised of CEOs of leading companie...
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The American Bankers Association (ABA) recently unveiled a training program designed to aid service personnel in making the transition to banking. Officials said “Transitioning Careers – Basic ...
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A recently released new loan-level dataset collected through the National Survey of Mortgage Originations (NSMO) provides insights into borrowers’ experiences in getting a residential mortgage. T...
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Three federal banking agencies are currently seeking public input regarding a proposal to streamline regulatory reporting for qualifying small institutions. The Federal Reserve, Federal Deposit Ins...
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The Mortgage Credit Availability Index (MCAI) determined mortgage credit availability rose in October, attributing the increase to an expansion in conventional credit supply. The MCAI, a report fro...
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Small Business Administration (SBA) and Department of Veterans Affairs (VA) officials said the agencies have partnered to enhance veteran entrepreneurial pursuits. Officials said a Memorandum of Un...
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The Securities and Exchange Commission (SEC) has adopted amendments requiring broker-dealers to provide investors with new and enhanced information about the manner in which their orders are handled. ...
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The Conference of State Bank Supervisors (CSBS) is encouraging financial services providers to take advantage of the early license renewals process. CSBS officials said license renewals in most sta...
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A collaboration between the Independent Community Bankers of America (ICBA) and The Venture Center in Little Rock, Arkansas has resulted in the ICBA ThinkTech Accelerator. Officials said the innova...
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The American Council of Life Insurers (ACLI) has released its 2018 Life Insurers Fact Book, with the organization maintaining life insurers provide invaluable assistance to American families and the e...
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Sen. Ben Cardin (D-MD), a ranking member of the Senate Committee on Small Business & Entrepreneurship, is seeking continued funding support of the Minority Business Development Agency (MBDA). Cardi...
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The Conference of State Bank Supervisors (CSBS) has filed suit against the Office of the Comptroller of the Currency (OCC) to prevent granting bank charters to nonbanks. “Common sense and the law...
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On the heels of survey findings detailing inefficient cybersecurity supervisory examinations, the Financial Services Sector Coordinating Council (FSSCC) joined a group of trade associations in unveili...
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National Association of Insurance Commissioners (NAIC) officials said South Carolina has become the 29th state to implement the State Based Systems (SBS), a suite of technology solutions. SBS provi...
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Recently released survey results revealed a vast majority of consumers are very satisfied or satisfied with their primary bank and rate customer service as excellent, very good or good. Work conduc...
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