Federal Reserve Board announces approval of application by BB&T Corporation to merge with SunTrust Banks

Federal Reserve Board announces approval of application by BB&T Corporation to merge with SunTrust Banks

Federal Reserve Board announces approval of application by BB&T Corporation to merge with SunTrust Banks

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/orders20191119a.htm

Federal Bank Regulatory Agencies Finalize Rule to Update Calculation of Counterparty Credit Risk for Derivative Contracts

Three federal bank regulatory agencies on Tuesday jointly announced a final rule updating how certain banking organizations are required to measure counterparty credit risk for derivative contracts under their regulatory capital rules.

Three federal bank regulatory agencies on Tuesday jointly announced a final rule updating how certain banking organizations are required to measure counterparty credit risk for derivative contracts under their regulatory capital rules.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-136.html

Agencies Finalize Changes to Supplementary Leverage Ratio as Required by Economic Growth, Regulatory Relief, and Consumer Protection Act

The federal bank regulatory agencies have finalized changes to a capital requirement for banking organizations predominantly engaged in custodial activities, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA).

The federal bank regulatory agencies have finalized changes to a capital requirement for banking organizations predominantly engaged in custodial activities, as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA).

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-135.html

Agencies finalize changes to supplementary leverage ratio as required by Economic Growth, Regulatory Relief, and Consumer Protection Act

Agencies finalize changes to supplementary leverage ratio as required by Economic Growth, Regulatory Relief, and Consumer Protection Act

Agencies finalize changes to supplementary leverage ratio as required by Economic Growth, Regulatory Relief, and Consumer Protection Act

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191119a.htm

Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts

Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts

Federal bank regulatory agencies finalize rule to update calculation of counterparty credit risk for derivative contracts

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191119c.htm

Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate

Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate

Federal bank regulatory agencies issue final rule on treatment of high volatility commercial real estate

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191119b.htm

Federal Bank Regulatory Agencies Issue Final Rule on Treatment of High Volatility Commercial Real Estate

Three federal bank regulatory agencies finalized a rule to modify the treatment of high volatility commercial real estate (HVCRE) exposures as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Three federal bank regulatory agencies finalized a rule to modify the treatment of high volatility commercial real estate (HVCRE) exposures as required by the Economic Growth, Regulatory Relief, and Consumer Protection Act.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-134.html

Federal Reserve Board issues enforcement action with former employee of East West Bank and announces termination of enforcement actions with Markesan State Bank, Banco Espírito Santo, and Espírito Santo e Comercial de Lisboa, Inc.

Federal Reserve Board issues enforcement action with former employee of East West Bank and announces termination of enforcement actions with Markesan State Bank, Banco Espírito Santo, and Espírito Santo e Comercial de Lisboa, Inc.

Federal Reserve Board issues enforcement action with former employee of East West Bank and announces termination of enforcement actions with Markesan State Bank, Banco Espírito Santo, and Espírito Santo e Comercial de Lisboa, Inc.

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20191119a.htm

Comptroller Acts to Promote the Safe, Sound, and Fair Operation of the Federal Banking System

The Comptroller of the Currency today approved interagency final rules on the standardized approach for counterparty credit risk, supplemental leverage ratio, and high-volatility commercial real estate to promote the safe, sound, and fair operation of …

The Comptroller of the Currency today approved interagency final rules on the standardized approach for counterparty credit risk, supplemental leverage ratio, and high-volatility commercial real estate to promote the safe, sound, and fair operation of the federal banking system.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-133.html

OCC Proposes Rule to Clarify “Valid When Made” Doctrine

The Office of the Comptroller of the Currency (OCC) is soliciting comments on a proposed rule to clarify that when a national bank or savings association sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continue…

The Office of the Comptroller of the Currency (OCC) is soliciting comments on a proposed rule to clarify that when a national bank or savings association sells, assigns, or otherwise transfers a loan, interest permissible prior to the transfer continues to be permissible following the transfer.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-132.html