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News & Headlines

CFPB Releases Small-Entity Compliance Guide for Payday Lending Rule

The Consumer Financial Protection Bureau has released a small-entity compliance guide outlining the payment provisions of its payment lending rule.

Quarterly Banking Profile Shows Strong Bank Performance in Q4

FDIC-insured banks and savings institutions earned $59.1 billion in the fourth quarter of 2018, an increase of $33.8 billion from the industry’s earnings a year before, the FDIC said yesterday in its Quarterly Banking Profile.

ARRC to Host Weekly Conference Call on Libor Transition

The Alternative Reference Rates Committee has announced that David Bowman will host a weekly conference call for market participants to answer questions about the ongoing transition away from the London

Final Ruling on Private Flood Insurance Provisions

The OCC, Federal Reserve, FDIC, Farm Credit Administration and the NCUA have issued a final rule that implements the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012.