The Washington Report | For the weekend July 25, 2014

The Washington Report | July 25, 2014

In this issue...


Safety & Soundness

  • FDIC Issues Guidance to S-Corporation Banks Regarding Basel III
    Capital Conservation Buffer
  • FDIC Releases Study on Minority Depository Institutions
  • Federal Reserve Releases 2013 Payments Study Detailed Report
  • OCC Guidance Highlights Unique Characteristics of Mutual Savings
  • BIS Releases International Banking Statistics for Q1 2014
  • Comptroller of the Currency Favors Modifying Certain Charter
    Restrictions for Federal Savings Associations 
  • House Committee on Financial Services Holds Hearing to Assess
    Impact of the Dodd-Frank Act 

Enterprise & Consumer Compliance

  • CFPB Proposes Rule to HMDA Reporting Requirements
  • CFPB Publishes Second Annual Financial Literacy Report 
  • CFPB Accepting Complaints on Prepaid Cards and Additional
    Nonbank Products 
  • OIG Audit Finds that CFPB Needs to Improve Security Controls for
    Cloud Computing
  • Federal and State Agencies Conduct an Enforcement Sweep
    Against Foreclosure Relief Companies and Individuals; CFPB Issues
    Related Consumer Advisory

Capital Markets & Investment Management

  • SEC Adopts Money Market Fund Reform Rules
  • SEC Approves FINRA Rule to Prohibit Conditioning Settlements on
  • FSB Publishes a Report on Reforming Major Interest Rate
  • CFTC Issues Time-Limited No-Action Relief from Electronic
    Reporting Requirements in the OCR Final Rule
  • House Subcommittee Holds Hearing Regarding Oversight of SEC’s
    Division of Corporation Finance.
  • OCC Issues Municipal Securities Rulemaking Board Rules Booklet12
  • Enforcement Actions

Recent Supervisory Actions 

© 2024 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit

Connect with us