Washington Report 360 | June 29, 2023

CFPB

• Annual reports/Press Release: Fair Lending; Consumer Complaints
• Consent order for alleged data handling errors
  
• Blog on the performance of mortgages with COVID-related forbearance

CFTC

• RFC on impact of affiliations of CFTC-registered entities with market participants

DOJ

• Proposal, with FTC, to change premerger notification (HSR) form; related statement (FTC Commissioners)

FATF

• Update on implementation of standards on virtual assets and related service providers
• Plenary meeting outcomes

FINRA

• Podcast: Preventing Financial Exploitation: Steps for Safeguarding Senior Investors

FRB

• Results of annual stress test
• Speeches on:
  • “Responsive and responsible” bank regulation and supervision (Governor)
  • Financial stability and economic developments (Chair)
• FRB of NY blog on upcoming FedNow Service

HUD

• FHA use of supplemental consumer information form

IAIS

• Updated global monitoring exercise (GME) document
• Insurance capital standard (ICS) and aggregation method (AM) data collection packages

ISSB

• Inaugural global sustainability disclosure standards

OCC

• Cybersecurity Supervision Work Program
• Report on mortgage performance for Q1 2023

Treasury

• Federal Insurance Office (FIO) report on insurance supervision and regulation of climate-related risks; related remarks (Assistant Secretary)
• Office of Financial Research’s (OFR) Financial Stress Index to incorporate the Secured Overnight Financing Rate (SOFR) and other alternative reference rates

White House

• Fact Sheet on measures to promote equitable community development
• Fact Sheet on investments in broadband; related remarks