Assessing Bank of England's Climate Risk Scenarios

Scenario Studio Kitchen: Cooking up a Debt Crisis

CreditForecast Small Business

US Agencies Propose Changes to Call Reports and Instructions

Certain regulatory authorities in the US are extending period for completion of the review of certain residential mortgage provisions and for publication of notice disclosing the determination of this review until December 20, 2021.

Macroeconomic Consequences of the Infrastructure and Budget Reconciliation Plans

Federal lawmakers are feverishly working on another massive fiscal plan, including a nearly $600 billion bipartisan infrastructure deal and a $3.5 trillion package of spending and tax breaks to support a range of social investments that the Biden administration and congressional Democrats hope to pass into law via the budget reconciliation process.

Macroeconomic Consequences of the Infrastructure and Budget Reconciliation Plans

In this white paper, we assess the macroeconomic impact of both the bipartisan infrastructure deal and the reconciliation package.

U.S. Wholesale Used-Vehicle Price Report: 2021Q2

U.S. wholesale used-vehicle demand has begun to cool off after rising rapidly in the first few months of the year.

The Impact of Natural Disasters on US Mortgage Defaults

In this paper, we measure the impact of natural disasters on mortgage losses using loan-level mortgage data and a Federal Emergency Management Agency (FEMA) data set that contains more than 13,000 events in the US.

US Agencies Release Public Parts of Resolution Plans for Large Banks

The Board of Governors of the Federal Reserve System (FED) and the Federal Deposit Insurance Corporation (collectively US Agencies) released public sections of the resolution plans of eight large domestic banks.

US Agencies Propose Guidance for Managing Third-Party Risks

US Agencies proposed guidance to help banking organizations manage risks associated with third-party relationships, including relationships with cloud service providers.

OCC Seeks to Renew Information Collection on Stress Testing Guidance

The Office of the Comptroller of the Currency (OCC) is consulting on the renewal of its information collection associated with supervisory guidance on stress testing for banking organizations with total consolidated assets of more than USD 10 billion.

FDIC Issues Supplemental Instructions for Call Reports Due by July

FDIC has updated the Broker Deposits webpage with comprehensive information about changes made to the brokered deposits regulation and the interest rate restrictions, which became effective on April 01, 2021.

OSFI Consults on Approach to Address Operational Risk and Resilience

OSFI issued a letter to the federally regulated financial institutions seeking their views on certain aspects of its approach to the operational risk and resilience framework.

FDIC Launches Tech Sprint to Help Community Banks Reach Unbanked

FDIC opened the registration period to participate in a tech sprint designed to explore new technologies and techniques that would help expand the capabilities of banks to meet the needs of the unbanked.

FED to Release Tool to Help Community Banks Implement CECL

FED announced that it will soon release a new tool to help community banks implement the Current Expected Credit Losses (CECL) accounting standard.

NCUA Approves Rule on CECL Methodology Transition for Credit Unions

The NCUA Board approved a final rule that facilitates the transition of federally insured credit unions to the current expected credit loss (CECL) methodology that is required under the Generally Accepted Accounting Principles (GAAP).

US President Signs Bill to Repeal True Lender Rule of OCC

The U.S. President Joseph R. Biden Jr. signed into law a Bill (S.J.Res. 15) that nullifies the “true lender rule,” which OCC had issued in October 2020.

FED Updates Form and Instructions for FR Y-9C Reporting

FED updated reporting form and instructions, along with the associated supplemental instructions, for the information collection on consolidated financial statements for holding companies (FR Y-9C).

FFIEC Issues Booklet on Risk Management Process for IT Infrastructure

FFIEC issued the "Architecture, Infrastructure, and Operations" booklet of the FFIEC Information Technology Examination Handbook.

FASB Proposes Taxonomy Implementation Guide for CECL Disclosures

FASB proposed the GAAP Taxonomy Implementation Guide on financing receivables and on the current expected credit loss disclosures, based on the 2021 GAAP Financial Taxonomy and the 2021 SEC Reporting Taxonomy (collectively referred to as the GAAP Taxonomy).

Housing demand is about to weaken. Here's why

Stress lines are beginning to appear, and the housing market is set to cool off.

OSFI Finalizes Guideline for Foreign Branches of Entities in Canada

OSFI issued the final version of Guideline E-4 that sets out expectations for foreign entities operating in Canada on a branch basis.

FDIC Modifies Approach for Implementation of Resolution Planning Rule

FDIC issued a statement outlining the modified approach to implement the FDIC rule requiring certain insured depository institutions to submit resolution plans to facilitate resolution under the Federal Deposit Insurance Act.

FED Extends PPPLF to July 2021, Updates Forms FR Y-14Q and FR Y-9C

FED announced that it will extend, for a final time, the Paycheck Protection Program Liquidity Facility, or PPPLF, by an additional month, until July 30, 2021.

FDIC Proposes Amendments to Real Estate Lending Standards

FDIC is seeking comments on a rule to amend the interagency guidelines for real estate lending policies—also known as the Real Estate Lending Standards.

Moody's Analytics & Raymond James In Conversation: The Year Ahead - An Update on U.S. Autos

Join us for the next webinar in our series: Moody's Analytics & Raymond James in Conversation where we will discuss the outlook for U.S. Autos and its impact on banks, credit unions, non-banks, and auto finance.

FED Issues Report on Results of 2021 Stress Tests for Banks

FED published the results of the stress tests for banks for 2021.

Are We in a Housing Bubble?

The single-family market is hot, with house prices surging in much of the country. Is the market a bubble?

Credit risks in the face of cyber and other emerging threats

As banks and non-bank financial institutions (NBFIs) embrace the evolving digitisation of financial services and become more interconnected through various partnerships, risk controls have become increasingly important as cyber risk and other security threats have grown.

OSFI Outlines Expectations on LIBOR Transition

In a letter to the federally regulated financial institutions, OSFI outlined expectations on transition from the London Inter-bank Offered Rate (LIBOR).