| Past Issues | Subscribe | ABA Bank Compliance magazine | ABA Banking Journal | ||||||||||||||||||
 |
||||||||||||||||||
July 18, 2025 |
||||||||||||||||||
 Features
Given the dramatic developments in the financial services marketplace since 1995, particularly the growth of nonbank players and online banking, we need to update bank merger rules if we want to give the nation’s existing banks the chance to succeed and compete.
Stablecoins as a form of sound money fall short, and without regulation pose a risk to financial stability and monetary sovereignty, according to a recent report by the Bank for International Settlements.
As the Federal Reserve was cutting interest-rates last fall, the anticipation was for further cuts in the new year. Record tariffs and whether they result in a recession, inflation or an ugly combination of the two have stymied more cuts and even introduced the possibility of rate increases, leaving banks in a pickle about how to protect their balance-sheets.
Last month, the ABA launched a new online platform that will enable member banks to easily verify government checks and their payee information through the U.S. Treasury Department’s existing Treasury Check Verification System at no cost.
In two previous ABA Viewpoints, we highlighted the importance of indexing asset thresholds to ensure long-term regulatory relevance and suggested the aggregate size of the banking sector as a candidate for making those adjustments. In this third article, we examine how policymakers can simplify, right-size and maintain these thresholds over time.
The FDIC board today voted to roll back Biden-era actions on industrial banks, supervisory appeals and Community Reinvestment Act implementation. The board also introduced a proposal to streamline the agency’s approval process for new bank branches.
The ABA joined six trade associations in urging the Federal Communications Commission to adopt a proposal to create a new call authentication requirement designed to limit criminal access to the U.S. calling network.
Differences between regulations for banks and those for nonbank financial intermediaries may have created incentives to shift business activities to the NBFI sector, so bank supervisors should apply "close scrutiny" to such interactions, according to a new report by the Bank for International Settlements’ Basel Committee.
The Federal Reserve, FDIC and the Office of the Comptroller of the Currency today issued a joint proposal to rescind the Community Reinvestment Act final rule adopted in 2023. If rescinded, the agencies would reimplement the prior CRA regulations that were originally adopted in 1995, with certain technical amendments.
The Federal Reserve, FDIC and Office of the Comptroller of the Currency have released a joint statement on potential risk-management considerations related to holding crypto-assets on their customers’ behalf, or crypto-asset safekeeping.
TrainingVirtual July 23 August 20 September 1 - November 23 September 8 - 19 September 18 September 24 |
||||||||||||||||||
|
