November 2023 at a glance
As the 2023 countdown begins, the regulatory intensity continues! November activity ranges from enforcements (e.g., crypto, UDAAP, BSA/AML) to annual supervisory and enforcement reports to proposals/guidance that expand regulatory perimeters to big tech and nonbank sectors. Key regulatory activities from November include:
- FRB Supervision and Regulation and Financial Stability Reports
- FSOC Final Guidance on Financial Stability Framework and Nonbank Supervision Determinations
- CFPB Proposal to Supervise Big Tech and Other Wallet/Payment Providers
See KPMG Regulatory Insights’ Regulatory Recap – November at a Glance below for highlights.
