Article
Recently, Buy Now, Pay Later (BNPL) services have emerged as a viable alternative to traditional credit. However, new regulations and weaker than expected performance in this space highlight the risk of this debt for both consumers and lenders.
News
Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)
June 16, 2022
WebPage
Regulatory News
News
The Office of the Comptroller of the Currency (OCC) published testimony of Kevin Greenfield, the Deputy Comptroller for Operational Risk Policy, on artificial intelligence.
June 10, 2022
WebPage
Regulatory News
News
The U.S. Government Accountability Office (GAO) published a report that outlines three priority open recommendations for the Board of Governors of the Federal Reserve System (FED), as of May 2022.
June 10, 2022
WebPage
Regulatory News
News
The Office of the Superintendent of Financial Institutions (OSFI) published, in the form of a letter, its response to the feedback received on the draft Guideline B-13 on technology and cyber risk management.
June 09, 2022
WebPage
Regulatory News
News
The Commodity Futures Trading Commission (CFTC) released a request for information and is seeking comments, until August 8, 2022, to better inform the oversight of climate-related financial risk as pertinent to the derivatives markets and the underlying commodities markets.
June 08, 2022
WebPage
Regulatory News
News
The Office of the Comptroller of the Currency (OCC) is seeking, until June 30, 2022, comments on the renewal of the information collection on the market risk capital rule.
May 31, 2022
WebPage
Regulatory News
News
The Consumer Financial Protection Bureau (CFPB) launched a new Office of Competition and Innovation, published a circular on adverse action notification requirements for credit decisions based on complex algorithms
May 26, 2022
WebPage
Regulatory News
News
The Office of the Superintendent of Financial Institutions (OSFI) in Canada is consulting, until August 19, 2022, on the guideline on climate risk management (Guideline B-15) for federally regulated financial institutions and pension plans
May 26, 2022
WebPage
Regulatory News
News
The U.S. Securities and Exchange Commission (SEC) proposed amendments to rules and disclosure forms to promote consistent, comparable, and reliable information for investors concerning funds' and advisers' incorporation of environmental, social, and governance (ESG) factors.
May 25, 2022
WebPage
Regulatory News
News
The National Credit Union Administration (NCUA) published a letter that clarifies certain expectations for federally insured credit unions contemplating the use of new or emerging distributed ledger technologies, or DLT, to transform their traditional financial operations and services.
May 25, 2022
WebPage
Regulatory News
News
The Office of the Comptroller of the Currency (OCC) published Federal Register notices seeking comments on the renewal of information collections titled “Funding and Liquidity Risk Management” and “Leveraged Lending.”
May 23, 2022
WebPage
Regulatory News
News
The Office of the Superintendent of Financial Institutions (OSFI) in Canada is seeking comments, until June 30, 2022, on the proposed revisions to the Guideline E-23
May 20, 2022
WebPage
Regulatory News
News
The Office of the Superintendent of Financial Institutions (OSFI) published the strategic plan for 2022-2025 and the departmental plan for 2022-23.
May 17, 2022
WebPage
Regulatory News
News
The Commodity Futures Trading Commission (CFTC) proposed a rule to modify the interest rate swap clearing requirements tied to the London Interbank Offered Rate (LIBOR) and other interbank offered rates
May 09, 2022
WebPage
Regulatory News
News
The Farm Credit Administration published, in the Federal Register, the final rule on implementation of the Current Expected Credit Losses (CECL) methodology for allowances
May 09, 2022
WebPage
Regulatory News
News
The U.S. Securities and Exchange Commission (SEC) looks set to intensify focus on crypto-assets and cyber risk and extended the comment period on the proposed rules to enhance and standardize climate-related disclosures for investors.
May 09, 2022
WebPage
Regulatory News
News
The Consumer Financial Protection Bureau (CFPB) published the annual fair lending report for 2021, highlighting its future focus areas and the COVID-19 recovery.
May 06, 2022
WebPage
Regulatory News
News
AMF, the financial regulator of Quebec, sets out key initiatives in the 2022-2023 annual statement of priorities, which forms a part of the implementation of the AMF's 2021-2025 Strategic Plan.
May 02, 2022
WebPage
Regulatory News
News
The Office of the Superintendent of Financial Institutions (OSFI) published its annual risk outlook for 2022-23 and seeks comments, until July 27, 2022, on the revised guideline on third-party risk management.
April 27, 2022
WebPage
Regulatory News
News
The Office of the Comptroller of the Currency (OCC) finalized a rule on exemptions to suspicious activity report (SAR) requirements, issued an order against Anchorage Bank, and published a statement on standards for stablecoins.
April 27, 2022
WebPage
Regulatory News
News
The Consumer Financial Protection Bureau (CFPB) published a report on the financial challenges faced by Americans in rural communities
April 25, 2022
WebPage
Regulatory News
Article
Global supply chains have been badly scrambled since just after the COVID-19 pandemic struck more than two years ago.
Article
Fannie Mae and Freddie Mac were created by Congress to provide a liquid secondary mortgage market to broaden access to homeownership.
News
The Financial Accounting Standards Board (FASB) published a proposed accounting standard update that would defer the sunset date of the reference rate reform guidance (Topic 848)
April 20, 2022
WebPage
Regulatory News
This article will help you understand the scope of work and documentation required in your CECL journey based on our experience working with over 150 institutions on CECL implementations.
April 11, 2022
WebPage
News
The Office of the Comptroller of the Currency (OCC) published its Community Developments Investments newsletter, finalized a rule amending its suspicious activity report (SAR) regulations
April 08, 2022
WebPage
Regulatory News
News
The Federal Deposit Insurance Corporation (FDIC) issued a letter to set out guidance on activities related to crypto assets and announced, jointly with the Financial Crimes Enforcement Network (FinCEN), the three teams selected in the Digital Identity (ID) Tech Sprint.
April 07, 2022
WebPage
Regulatory News
News
The Office of the Superintendent of Financial Institutions (OSFI) revised the guideline on the Financial Instruments and Disclosures standard IFRS 9, with the revised guideline coming into effect on January 01, 2023.
April 04, 2022
WebPage
Regulatory News
News
The Federal Deposit Insurance Corporation (FDIC) is consulting on the statement on principles for the management of climate risk by large financial institutions, with comment period ending on June 3, 2022.
April 04, 2022
WebPage
Regulatory News