Join us on LinkedIn Follow us on Twitter Like us on Facebook
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation6

FSOC


Results 1 - 10 of 145

Yellen testifies at Senate FSOC hearing

Posted Date: Wednesday, May 18, 2022
Treasury Secretary Janet Yellen provided testimony to the Senate Committee on Banking, Housing, and Urban Affairs regarding the Financial Stability Oversight Committee (FSOC). She spoke about cryptocurrency, Russian sanctions, access to healthcare, the post-pandemic economy and cybersecurity.

Republicans on the committee were critical of what they considered the FSOC’s pursuit of a political agenda instead of focusing on “real risks” to the economy.

Read on for more details.

Read on »

Biden directs agencies to study US-backed cryptocurrency

Posted Date: Monday, March 14, 2022
President Biden signed an executive order directing federal agencies to examine the legal and economic ramifications of creating a U.S. central bank digital currency (CBDC). The order sets a 180-day deadline for a series of reports on “the future of money.”

Read on for more details.

Read on »

FSOC to review secondary mortgage market

Posted Date: Friday, July 24, 2020

The Financial Stability Oversight Council met earlier this month in executive session by telephone.

The highlight news coming from the meeting was the announcement that the council would begin an activities-based review of secondary mortgage market activities.

Read on for more details, and reaction from Federal Housing Finance Agency Director Mark Calabria.

Read on »

Authors reflect on decade’s impact of Dodd-Frank Act

Posted Date: Friday, July 17, 2020

As chairmen of the financial committees in Congress in 2010, Christopher Dodd and Barney Frank had their names go down in history when the financial reform package they authored was signed into law as the Dodd-Frank Wall Street Reform and Consumer Protection Act.

A decade later, the two men sat down for a conversation about the impact of their work, how financial reform has been implemented and what remains to be done.

Read on for details from their assessments.

Read on »

Former Fed chair Yellen wants new Dodd-Frank

Posted Date: Friday, July 17, 2020

Former Fed Chairwoman Janet Yellen joined current Fed Gov. Lael Brainard and former Fed Gov. Jeremy Stein to discuss the impact of the Dodd-Frank Act on the banking and financial services industry over the past 10 years.

Among the top takeaways from the discussion was Yellen’s desire for Congress to create a new Dodd-Frank Act.

Read on for details from their discussion.

Read on »

FSOC talks nonbank servicing liquidity

Posted Date: Tuesday, May 19, 2020

The Financial Stability Oversight Council (FSOC) conducted an executive session by phone May 14, as the council heard an update from the Task Force on Nonbank Mortgage Liquidity.

In a readout from the meeting, the FSOC said task force staff and federal regulators have continue to monitor potential risks, and are coordinating and sharing information among stakeholders.

Read on for more details.

Read on »

FSOC proposes activities-based approach for non-banks

Posted Date: Tuesday, March 12, 2019

The Financial Stability Oversight Council (FSOC) recently voted unanimously to propose new interpretive guidance implementing an activities-based approach to designating non-bank entity as a systemically-important financial institution (SIFI).

The new approach would require the council to assess the potential risks an entity posed to the financial marketplace, conduct a cost-benefit analysis of such a designation and assess the likelihood that a non-bank entity would fail prior to finalizing a non-bank SIFI designation. 

Find out more details about proposed guidance.

Read on »

FSOC rescinds last nonbank SIFI designation

Posted Date: Friday, October 19, 2018

The Financial Stability Oversight Council (FSOC) has rescinded its 2013 decision to designate Prudential Financial, Inc., the largest life insurance company in the country, as a systemically-important financial institution (SIFI) under Section 113 of the Dodd-Frank Act.

The lifting of Prudential’s SIFI designation leaves FSOC absent any nonbank entities to treat as systemically important.

Find out what factors the council took into consideration in making the decision.

 

Read on »

FSOC: Zions merger poses no significant systemic risk

Posted Date: Thursday, September 13, 2018

Determining that its market activities did not pose significant systemic economic risk, the Financial Stability Oversight Council (FSOC) announced that Zions Bank will not be treated as a designated nonbank financial company upon completion of its merger with Zions Bancorporation.

In its final decision, FSOC noted arguments Zions stressed in a written submission advocating for the regulators not to subject the company to enhanced regulatory scrutiny reserved for large nonbank financial institutions, and argued that any two entities could structure a merger that subverted Section 117 of the Dodd-Frank Act.

Find out more details about the merger and the council’s decision.

Read on »

Bills altering stress tests, SIFI process pass House

Posted Date: Tuesday, April 17, 2018

The House recently passed a pair of bipartisan measures tweaking Federal Reserve stress tests and the process of determining which financial institutions should undergo the most rigorous testing.

H.R. 4061, otherwise known as the “Financial Stability Oversight Council Improvement Act,” and H.R. 4293, also known as the “Stress Test Improvement Act of 2017,” seek to address concerns expressed on both sides of the political aisle.

Find out more about more about what the two bills could mean for nonbank financial companies supervised by the Fed.

Read on »
12345678910>>

Monthly Newsletter

Dodd Frank Update August 2022

Cover Story:

SCOTUS fires warning shot at overreaching agencies


Tweets from @DoddFrankUpdate/lists/industry-news
News by Topic   News by Edition   News by Agency   News by Industry   Special Reports   Webinars
Banking
Case Law
Consumer Protection
Financial Stability
Industry Spotlight
Legislation
Nonbank Financial
The TRID Journey
 
Dodd Frank Update May 2022
Dodd Frank Update June 2022
Dodd Frank Update July 2022
Dodd Frank Update August 2022
Archives
 
CFPB NCUA
CFTC OCC
FDIC OFR
FHFA SEC
FRB States
FSOC Treasury
FTC  
 
Appraisal
Broker-Dealer
Community Banks & Credit Unions
Land Title
Mortgage
Payday Lending
 
Forbearance Has Ended, Now What?
2022 State of the Industry
Mortgage Technology
Real Estate Compliance Outlook
Optimizing AI and Blockchain for the Future
Archives
 
Utilizing Tech for RESPA Compliance
Collaborating on eClosings
Economic Forecast Series
Industry and Regulatory Outlook
Archives

Library   About   Subscribe   Store
The Dodd-Frank Act Position Papers
Dodd-Frank Summary & History Legislation
Court Actions Regulations
Enforcement Documents Reports, Studies and Surveys
Guidance Documents Federal Register Notices
White Papers  
 
Dodd Frank Update
Contact / Editors
Advertise
Social Media
Are You An Expert?
Subscriber Agreement
 
Subscriptions
Free Email Updates
Try a Free Edition
 
NS3 The Summit
Other Newsletters
The Title Report
The Legal Description
Valuation Review
RESPA News
Copyright © 2011-2022 Dodd Frank Update
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.doddfrankupdate.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> The Legal Description
> RESPA News
> The Title Report
> Valuation Review
> The October Store


Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
EDITION
AGENCY
INDUSTRY
SPECIAL REPORTS
WEBINARS
LIBRARY
EMAIL UPDATES
ABOUT
SUBSCRIBE
Banking
Case Law
Consumer Protection
Financial Stability
Industry Spotlight
Legislation
Nonbank Financial
The TRID Journey
CFPB
CFTC
FDIC
FHFA
FRB
FSOC
NCUA
OCC
OFR
SEC
States
Treasury
Appraisal
Broker-Dealer
Community Banks & Credit Unions
Land Title
Mortgage
Payday Lending
Real Estate Compliance Outlook
Best Practices
Forbearance
2022 State of the Industry
2021 Mortgage Technology
Archives
2022 Economic Forecast Series
CFPB Update
Move to ANSI Standards
Tech for RESPA Compliance
Collaborating on eClosings
Industry and Regulatory Outlook
Complying with the New CFPB
Evolving Lender Relationships
RESPA Section 9
Getting to Know Your Regulators
Webinar Archives
Executive Interview Series
eClosing Solutions Showcase
Lender Associations
The Dodd-Frank Act
Dodd-Frank Summary
Court Actions
Enforcement Documents
Guidance Documents
White Papers
Position Papers
Legislation
Regulations
Reports, Studies and Surveys
Federal Register Notices
Proposals
Final Rules
GAO
Agency
Contact Us
Advertise
Social Media
Are You An Expert?
Subscriber Agreement