Washington Report 360 | May 5, 2023

CFPB

• Proposed amendments to Regulation Z to address residential Property Assessed Clean Energy (PACE) financing)
• Reports:
  • Medical Credit Cards and Financing Plans
  • PACE financing and consumer Financial Outcomes

FDIC

• Report: Options for Deposit Insurance Reform

FINRA

• Final amendments to FINRA BrokerCheck Disclosure rule
• Podcast: Detecting and Preventing ACATS Fraud
• 2023 Industry Snapshot

FTC

• Will host virtual panel discussion on May 11, 2023 relating to cloud computing; extended comment period for RFI on cloud computing 

IAIS

• Statement highlighting focus areas for 2023 regarding insurance supervisors’ actions to address natural catastrophe protection gaps

SEC

• Final rules amending:
  • Form PF reporting requirements
  • Share Repurchase Disclosure
• Reopened comment period for proposed amendments to beneficial ownership reporting

Treasury

• Letter to Congressional Leadership on the Debt Limit
• Remarks relating to Community Development Financial Institutions (CDFIs) and Minority Depository Institutions

White House

• “Fact sheet” releases:
  • National Standards Strategy for Critical and Emerging Technology
  • New Actions to Promote Responsible AI Innovation

• Banking Committee hearing:
  • Holding Executives Accountable
  • Reauthorization of the NFIP