Regulatory Recap: October 2025
Regulatory activity at a glance
Even with the government shutdown, the regulatory agencies have had a busy Fall.
Key regulatory actions in October are captured in our KPMG Regulatory Insights Regulatory Recap, including:
- Agency perspectives on payments innovation (FRB), regulatory harmonization for digital assets (SEC, CFTC), and community banking (FRB, Treasury)
- Withdrawals (e.g., 53 FERC regulations), proposals (e.g., defining “unsafe and unsound” (FDIC, OCC)), and RFCs (e.g., AML/CFT costs (Treasury))
- Reports covering fraud (FINRA) and cybersecurity (NIST)
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