By
Aaron Nicodemus2024-02-21T15:59:00
It’s been nearly a year since Silicon Valley Bank (SVB) kicked off a run of U.S. bank failures, and the Federal Reserve Board has changed how it supervises mid-sized and large institutions as a result.
Since March 2023, the Fed has revamped its supervisory procedures to respond more quickly and forcefully once it identifies emerging risks mid-sized and large banks aren’t taking seriously enough, according to Michael Barr, the agency’s vice chair for supervision.
In a speech delivered Friday to the Columbia Law School Banking Conference in New York City, Barr said the Fed has sought to address the supervisory issues that failed to properly manage the deficiencies that led to the collapse of SVB, Signature Bank, and First Republic Bank last year.
2025-03-19T13:00:00Z By Aaron Nicodemus
Federal Reserve Board member Michelle Bowman has been nominated as the board’s vice chair for supervision, a position that oversees regulation of the nation’s largest banks.
2024-05-07T19:47:00Z By Aaron Nicodemus
Federal regulators adopted a notice of proposed rulemaking on incentive-based compensation requiring large banks to make their executive compensation arrangements “more sensitive to risk.”
2024-03-22T17:14:00Z By Aaron Nicodemus
The Federal Deposit Insurance Corporation proposed to strengthen its approach to evaluating bank mergers under the Bank Merger Act, particularly how it would address factors like competition, financial resources, the convenience and needs of communities, financial stability, and money laundering.
2025-10-27T20:16:00Z By Adrianne Appel
California has delayed the release of draft greenhouse gas reporting rules for businesses until early 2026, the California Air Resources Board said.
2025-10-27T19:06:00Z By Neil Hodge
New rules that have recently come into effect across the EU will allow for greater transfers of data between companies, though experts fear the changes could conflict with Europe’s strict privacy legislation, which protects personal information.
2025-10-24T18:05:00Z By Adrianne Appel
Nine states are collaborating to write and enforce comprehensive data privacy laws, in an effort to protect consumers across jurisdictions and due to the absence of a broad, federal privacy law.
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