Washington Report 360 | July 28, 2023

Interagency

• Proposed rules to amend capital requirements for large banks; related statements here (FRB), here (FDIC), here (OCC), and here (CFPB)

CFPB

• Supervisory Highlights report, including UDAAP findings across multiple product lines and, for the first time, findings from the Supervisory information technology program
• Blogs on:
  • Credit scores and cashflow data in consumer lending
  • Landlords and tenant rights
• Remarks on White House’s Blueprint for a Renters Bill of Rights

CFTC

• Final rule for DCO reporting and information requirements
• Proposed rules:
  • Swap confirmation requirements for SEFs
  • Amendments to provisions common to registered entities
  • Margin requirements for uncleared swaps of SDs and MSPs

DOJ

• Joint “Compliance Note” on voluntary self-disclosure of potential violations (with Commerce and Treasury)
• Proposed rule under the ADA to strengthen web and mobile app access for people with disabilities; related remarks (Associate Attorney General) and White House Fact Sheet

FDIC

• Financial Institution Letter on estimated uninsured deposits reporting expectations

FINRA

• Podcast on “Facilitation, Formation and Feedback: FINRA’s Reg Notice on the Capital Raising Process”

FRB

• Proposed rule to amend surcharges for GSIBs

FSB

• Statement on LIBOR transition
• Speech on FSB's focus on non-bank financial intermediation

OCC

• CMP related to CIP program governance and third-party oversight

SEC

• Final rule on cybersecurity risk management, strategy, governance, and incident reporting and disclosures for public companies
• Proposed rule on:
  • Conflicts of interest associated with broker-dealers and investment advisers’ use of predictive analytics
  • Reforms around investment advisers operating exclusively through the internet

Treasury

• Appointment of new climate counselor
• Remarks on financial stability and regulation (Assistant Secretary)