UK cyber tests show banks’ struggle with cybersecurity basics
Key insight: Unlike the U.S. focus on tabletop exercises, U.K. regulators mandate live-fire attacks on actual bank systems…
As QT ends, bank regulators now hold the real growth lever
As the Federal Reserve’s quantitative tightening efforts fade into history, the major engine of economic growth in the…
Bowman details regulatory relief agenda for community banks
Key Insight: Federal Reserve Vice Chair for Supervision Michelle Bowman is considering changes to the central bank’s regulatory…
OCC moves to limit toughest standards to megabanks
Key insight: The OCC is proposing relaxing its toughest category of supervision, limiting the heightened prudential standards to…
Fed seeks comment on future of check services
Key insight: Federal Reserve Vice Chair for Supervision Michelle Bowman warned that the move tilts toward ending check…
Fed memo previews big changes to bank oversight
Key Insight: The Fed’s regulatory arm is stripping away components of its oversight apparatus, placing a greater emphasis…
A ‘regulatory sandbox’ model would keep fintech innovation in the US
Too often, small fintechs working to bring innovative technology online in the U.S. determine that they would be…
Fed’s Waller says central bank moving fast on ‘skinny’ account
Key takeaway: The Federal Reserve is moving quickly to establish a narrower payments account for certain eligible institutions…
Fed points to market froth as leading stability risk
Key Insight:Â The Federal Reserve’s semiannual Financial Stability Report highlighted risks posed by elevated asset valuations as a…
Fed proposal would publish full stress test models
Key Insight: The Federal Reserve’s proposal would release the central bank’s back-end stress testing models, and is out…
The Federal Reserve hasn’t been truly independent for 50 years
The Fed hasn’t been truly independent for 50 years, but the idea that it is keeps animating discussions…
Crypto as collateral will bring digital assets into the mainstream
A recent Federal Reserve ruling makes it possible for banks to accept cryptocurrency as collateral for private transactions.…