The Washington Report | For the week ended December 12, 2014

The Washington Report | December 12, 2014

In this issue...


Safety & Soundness

  • Basel Committee Issues Proposal for Net Stable Funding Ratio Disclosure Standards
  • Basel Committee Publishes Revisions to Basel II Securitization Framework
  • Basel Committee and IOSCO Issue Consultative Document to Establish Criteria to Identify Simple, Transparent, and Comparable Securitizations
  • Federal Reserve Issues Proposed Rule to Establish Risk-Based Surcharge for GSIBs
  • Senate Committee on Banking, Housing, and Urban Affairs Oversight Hearing Addresses Cyber Security 

Enterprise & Consumer Compliance

  • CFPB to Require Large Credit Reporting Agencies to Provide Accuracy Reports; CFPB Releases White Paper on Medical Debt Collections
  • CFPB Charges Two Student Debt Services Relief Companies with UDAAP Violations
  • FTC Takes Action Against Auto Dealerships to Address Deceptive AdvertisingFTC Takes Action Against Mortgage Relief Companies
  • Senate Subcommittee Holds Hearing on Inequality and Opportunity in the Housing Market 

Capital Markets & Investment Management

  • FINRA Issues Retrospective Rule Review Reports
  • SEC Chair White Discusses Risk Monitoring and Regulatory Safeguards for Asset Management Industry
  • CFTC Chairman Testifies Before the U.S. Senate Committee on Challenges of Regulation in a Global Market
  • 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