ABA Dodd-Frank Tracker

ABA Recommends Changes to BSA/AML Regulations

2017-08-02T10:30:00.000-04:00

In a comment letter to the Treasury department, ABA provided extensive feedback on several Bank Secrecy Act and anti-money laundering regulations that could be eliminated, modified or streamlined to reduce the compliance burden on banks in response to an executive order issued by President Trump earlier this year.

Emphasizing that the banking industry is committed to combatting terrorist financing and financial crime, ABA recommended a series of changes to improve and modernize the current regulatory regime, including creating an independent “BSA gatekeeper” to oversee and coordinate the BSA regime, taking a priority-focused approach to compliance, increasing the quality of feedback and transparency, streamlining reporting requirements, refraining from criminal sanctions that impose administrative compliance standards and redefining procedures for taking criminal actions against banks.

With respect to the BSA regime, ABA called for a return to basics, with banks identifying and reporting suspicious transactions to law enforcement for investigation rather than conducting investigations themselves. The association also highlighted the importance of an ombudsman to resolve disputes and serve as a single reference point, and of uniform training for bankers and examiners.

ABA further urged Treasury to make it easier for banks to rely on trusted third parties and other financial institutions for customer information, and to refocus the risk-based element in customer relationships to grant additional flexibility to banks. ABA also recommended that Treasury conduct a review of currency transaction reports to determine their utility, and encourage better feedback from law enforcement to help banks better focus their resources.

Read the comment letter.

Hester Peirce Renominated to Serve on SEC

2017-07-21T09:50:00.000-04:00

The White House said that President Trump would renominate Hester Peirce to serve on the SEC. Currently a senior research fellow at the Mercatus Center and previously a senior staffer on the Senate Banking Committee, Peirce was named to the SEC by President Obama but her nomination was not advanced by the Senate.

Read more.

This Week Ahead: July 10-15

2017-07-07T11:30:00.000-04:00

Monday

Comments Due CFPB: Request for Information Regarding 2013 Real Estate Settlement Procedures Act Servicing Rule Assessment
Read more.

Tuesday

Comments Due CFTC: Protection of Collateral of Counterparties to Uncleared Swaps; Treatment of Securities in a Portfolio Margining Account in a Commodity Broker Bankruptcy (PRA)
Read more.

Wednesday

9 AM Meeting FDIC: Advisory Committee on Community Banking; Notice of Meeting
Read more.

Friday

Comments Due CFPB: Request for Information Regarding the Small Business Lending Market
Read more

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

Fed’s Powell: Now Is ‘Last Best Chance’ for Housing Finance Reform

2017-07-07T10:55:00.001-04:00

With the housing market having recovered and memories of the financial crisis growing distant, Federal Reserve Governor Jerome Powell said that “the next few years may present our last best chance to finish” critical reforms of housing finance, particularly regarding the secondary market and the role of housing GSEs Fannie Mae and Freddie Mac. If Congress does not enact reforms, Powell added, “we are at risk of settling for the status quo — a government-dominated mortgage market with insufficient private capital to protect taxpayers and insufficient competition to drive innovation.”

Powell noted that it is “ironic” that housing finance remains the last major policy area untouched by major post-crisis reforms, especially given the bursting housing bubble’s role as “an essential proximate cause of the crisis.” He said that “the most obvious and direct step forward” would be to require “ample” private capital to support housing finance and to prevent bailouts of housing finance companies in distress.

Other principles Powell laid out for housing finance reform include an explicit government guarantee applying only to securities, not to institutions; greater private-sector competition; and use of existing infrastructure to the extent possible. Powell also expressed concern that “the current system [may be] too rigid,” citing a recent ABA survey showing that banks are originating fewer and fewer non-Qualified Mortgages.

Read the speech

This Week: July 3-7

2017-07-03T10:30:00.000-04:00

Wednesday

Comments Due OCC: Submission for OMB Review; Capital Adequacy Standards (PRA)
Read more.
Comments Due OCC: Uniform Interagency Transfer Agent Registration and Deregistration Forms (PRA)
Read more.
Effective Date FHFA: Federal Home Loan Bank Membership for Non-Federally-Insured Credit Unions
Read more.

Friday

Comments Due CFTC: Chief Compliance Officer Duties and Annual Report Requirements for Futures Commission Merchants, Swap Dealers, and Major Swap Participants; Amendments
Read more.

Effective Date SEC: Request for Comment on Possible Changes to Industry Guide 3 (Statistical Disclosure by Bank Holding Companies); Extension of Comment Period
Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

ABA Calls for Streamlining of SEC Statistical Disclosure Requirements

2017-06-29T12:48:00.001-04:00

In a comment letter to the SEC, ABA recommended broad streamlining of the Industry Guide 3, which prescribes statistical disclosures in annual filings for bank holding companies. Noting that banks disclose financial information for various purposes, such as for GAAP financial statements, call reports, and Pillar 3 regulatory reporting, “reducing and eliminating redundancy of prescriptive disclosure requirements…should be a priority.”

ABA has long advocated for an overhaul of Guide 3, which has been in existence since the late 1970s, noting that the usefulness of many of its required disclosures have been diminished by new accounting standards and timely disclosures within Management’s Discussion and Analysis.

Read the letter.

This Week Ahead: June 26-July 1

2017-06-23T11:55:00.000-04:00

Monday

Comments Due CDFI Fund: CDFI Program and NMTC Program Annual Report including CIIS (PRA)
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Comments Due DOE: Loan Discharge Applications (DL/FFEL/Perkins) (PRA)
Read more.
Comments Due FHFA: Proposed Changes to the Methodology Used for Estimating Fair Market Rents
Read more.
Comments Due IRS: Proposed Collection; Comment Request for Mortgage Interest Statement (PRA)
Read more.
Comments Due IRS: Proposed Collection; Comment Request for Regulation Project CO-11-91, Consolidated Groups and Controlled Groups–Intercompany Transactions and Related Rules, and CO-24-95, Consolidated Groups–Intercompany Transactions and Related Rules (PRA)
Read more.
Comments Due SBA: Reporting and Recordkeeping Requirements Under OMB Review (PRA)
Read more.

Tuesday

Comments Due CFTC: Adoption of Revised Registration Form 8-R and Cancellation of Form 3-R (PRA)
Read more.

Friday

Comments Due CFTC: Procedural Requirements for Requests for Interpretative, No-Action and Exemptive Letters (OMB Control No. 3038-0049) (PRA)
Read more

Saturday

Effective Date SEC: Technical Amendments to Form ADV and Form ADV-W
Read more

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

The Week Ahead: June 19 - 23

2017-06-16T11:55:00.000-04:00

Monday

Comments Due SBA: Data Collection Available for Public Comments (PRA)
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Comments Due SBA: Portfolio Financing Reports
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Comments Due SBA: SBIC Financial Reports
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Comments Due SBA: Small Business Size Standards; Adoption of 2017 North American Industry Classification System for Size Standards
Read more.

Tuesday

Comments Due CFTC: Real-Time Public Reporting and Block (PRA)
Read more.
Comments Due FRB: Survey of Small Business and Farm Lending (PRA)
Read more.

Thursday

Comments Due FDIC: Agency Information Collection Activities: Submission for OMB Review; Comment Request (PRA)
Read more.
Comments Due FDIC: Foreign Banking and Investment by Insured State Nonmember Banks
Read more.
Comments Due FDIC: Forms Relating to Processing Deposit Insurance Claims
Read more.
Comments Due FDIC: Interagency Notice of Change in Control
Read more.
Comments Due FDIC: Procedures for Monitoring Bank Secrecy Act Compliance
Read more.
9:30 AM Meeting SEC: Investor Advisory Committee Meeting
Read more.

Friday

Comments Due SEC: Rule 15c3-1 (PRA)
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Effective Date CFTC: Disclosure and Retention of Certain Information Relating to Cleared Swaps Customer Collateral (PRA)
Read more.
Effective Date CFTC: Fees for Reviews of the Rule Enforcement Programs of Designated Contract Markets and Registered Futures Associations
Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

ABA: Regulations Should Be Tailored Based on Risk, Business Model

2017-06-16T10:06:00.000-04:00

Regulations based on asset size are “inappropriate and needlessly burdensome” for many banks with non-complex business models, and ultimately lead to higher costs and fewer choices for consumers, ABA said in written testimony submitted for a Senate Banking Committee hearing on regulatory relief for midsize and regional banks.

While size-only regulations may provide regulators a simple framework for supervising financial institutions, ABA noted that:

Thresholds of any type are arbitrary and a poor substitute for effective regulatory policy. Rather than adding more thresholds, what is needed are better overall principles for bank regulation. The best solution is to tailor regulations according to the risks and business model of the bank.

Voicing support for the recent Treasury Department report which called for proper tailoring of financial regulations, the association encouraged Congress and regulators to apply that approach to both existing rules and new regulatory initiatives going forward. Several bills in the current Congress would help to lessen banks’ regulatory burden and unleash economic growth, ABA noted. These include the Tailor Act; a bill to expand banks’ abilities to count municipal securities as high quality liquid assets under the Liquidity Coverage Ratio; a bill to require a risk-based analysis in order to make SIFI designations; and a bill to provide relief from Dodd-Frank Act stress tests.

Bankers testifying at the hearing described the implications of arbitrary asset thresholds. Robert Hill Jr., CEO of $11 billion South State Corporation in Columbia, S.C., said that in crossing the $10 billion asset threshold, his bank was subjected to heightened compliance requirements which now cost the bank more than $20 million per year.

Banker Harris Simmons, chairman and CEO of $65 billion Zion’s Bancorporation, also questioned the validity of the $50 billion threshold at which banks are designated systemically important financial institutions. He noted that as the smallest SIFI bank, Zions is subject to the same prudential standards as the nation’s largest banks – including onerous stress testing requirements – despite the fact that its size and lending portfolio are significantly smaller.

Read more.

OCC Issues Guidance Ahead of Securities Settlement Cycle Changes

2017-06-13T11:25:00.000-04:00

As banks prepare for impending changes to the securities settlement cycle, the OCC issued guidance to help financial institutions ensure that they are ready for the Sept. 5, 2017 compliance date. As of that date, the regular industry settlement cycle for many U.S. securities including equities, corporate and municipal bonds and unit investment trusts – and financial instruments composed of those products – will be shortened from the third business day after the trade date to the second business day after the trade date.

View the guidance.

The Week Ahead: June 5 - 9

2017-06-02T11:50:00.000-04:00

Monday

Comments Due FSA: Information Collection Request; Generic Clearance for the Collection of Qualitative Customer Feedback on the Farm Service Agency Service Delivery (PRA)
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Comments Due OCC: Assessment of Fees (PRA)
Read more.

Tuesday

Comments Due FRB: Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks
Read more.

Wednesday

10 AM Meeting SBA: Meeting of the Interagency Task Force on Veterans Small Business Development
Read more.

Thursday

Comments Due CFPB: Request for Information Regarding Consumer Credit Card Market
Read more.
Comments Due SEC: Amendments to Investment Advisers Act Rules To Reflect Changes Made by the FAST Act
Read more.
10 AM Meeting CFPB: Consumer Advisory Board Meeting
Read more.

Friday

Comments Due SEC: Form F-4 (PRA)
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Comments Due SEC: Regulations 14D and 14E (PRA)
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Comments Due SEC: Rule 13e-3 (PRA)
Read more.
Comments Due SEC: Rule 15c2-11 (PRA)
Read more.
Comments Due SEC: Rule 22d-1 (PRA)
Read more.
Comments Due SEC: Rule 425 (PRA)
Read more.
Comments Due SEC: Rule 701 (PRA)
Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

PCAOB Approves New Auditor Reporting Standard

2017-06-02T10:51:00.002-04:00

The Public Company Accounting Oversight Board approved a new auditor reporting standard aimed at providing more relevant information to investors. The new standard keeps the “pass-or-fail” opinion of the existing auditor's report. However, in addition to clarifying the auditor's role and responsibilities, the standard requires the auditor to communicate any "critical audit matters" arising from the financial statements.

CAMs involve significant accounts and disclosures or other areas that are challenging, subjective or include complex auditor judgment. Under the new standard, the audit opinions of banks are expected to expand greatly, as typical CAMs that auditors will likely include are discussions of the allowance for credit losses, fair value measurements, derivatives, and purchase accounting.

The new audit standard also requires disclosing the year in which the auditor first started serving a particular company. The new standard must be approved by the SEC. All the new provisions, except those related to critical audit matters, will take effect for audits on fiscal years ending on or after Dec. 15, 2017. Provisions related to critical audit matters will take effect for audits for fiscal years ending on or after June 30, 2019, for accelerated filers and 2020 for all other SEC registrants.

View the new standard.

The Week Ahead: May 29 - June 2

2017-05-26T11:55:00.000-04:00

Tuesday

Comments Due CFTC: Agency Information Collection Activities: Notice of Intent To Extend Collection 3038-0049: Procedural Requirements for Requests for Interpretative, No-Action, and Exemptive Letters (PRA)
Read more.
Comments Due FDIC: Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0099; -0118; -0148 and -0153) (PRA)
Read more.
Comments Due FDIC: Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0006 & -0184) (PRA)
Read more.
Comments Due FDIC: Application for Waiver of Prohibition on Acceptance of Brokered Deposits
Read more.
Comments Due FDIC: Interagency Biographical and Financial Report
Read more.
Comments Due FDIC: Interagency Statement on Sound Practices Concerning Complex Structured Finance Transactions
Read more.
Comments Due FDIC: Management Official Interlocks
Read more.
Comments Due FDIC: Prohibitions and Restrictions on Proprietary Trading and Certain Interests In and Relationships With, Hedge Funds and Private Equity Funds
Read more.
Comments Due FDIC: Regulatory Capital Rules
Read more.
Comments Due FINCEN: Due Diligence Programs for Correspondent Accounts for Foreign Financial Institutions (PRA)
Read more.
Comments Due FINCEN: Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery (PRA)
Read more.
Comments Due FSA: Disaster Assistance Program (General) (PRA)
Read more.
Comments Due FSA: Information Collection Request; Customer Data Worksheet Request for Business Partner Record Change (PRA)
Read more.
Effective Date SEC: Securities Transaction Settlement Cycle; Final Rule
Read more.

Wednesday

Comments Due SBA: Borrower Information Form, Lenders Application for Guaranty, and 7(a) Loan (PRA)
Read more.
Comments Due SBA: Certified Development Company (CDC) Annual Report Guide (PRA)
Read more.

Thursday

Comments Due SBA: Small Business Investment Companies: Passive Business Expansion and Technical Clarifications
Read more.

Friday

Comments Due FRB: Proposed Agency Information Collection Activities; Comment Request
Read more.
Comments Due SBA: Entrepreneurial Development Customer Intake Form & Training Report Form
Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

ABA Urges SEC to Withdraw, Revise Secondary Muni Market Disclosure Proposal

2017-05-16T13:13:00.000-04:00

While supportive of disclosure requirements for direct loans and purchases in the secondary municipal securities market, ABA expressed concern that the SEC’s proposal for disclosures is overbroad and excessively burdensome. The association urged the SEC to withdraw the proposal under Exchange Act Rule 15-C2-12 and revise it to be more targeted and practical.

For example, ABA argued, the definition of “financial obligation” is too broad, and the proposal includes no mechanism for redacting confidential information. ABA also said that the SEC has “grossly understated” the proposal’s burden, which would result in vast new amounts of filings that could overwhelm the EMMA reporting system and dilute the ability of investors to find useful information. Read the letter.

Jay Clayton Confirmed to Lead SEC

2017-05-03T09:20:00.000-04:00

The Senate has voted to confirm corporate lawyer Jay Clayton as chairman of the SEC.

Trades Highlight Differences in European, U.S. Plans for NSFR

2017-01-04T09:45:00.000-05:00

A joint comment letter by ABA and several financial trade groups highlighted the differences between U.S. and European Union proposals for the Net Stable Funding Ratio, a long-term liquidity measurement included in the Basel III liquidity standards.

The associations identified a total of 10 primary differences (along with a number of technical discrepancies) between the two proposals, including the required stable funding levels assigned to Level 1 securities, unsecure wholesale lending, gross derivatives and other activities. The groups also noted that while the U.S. proposal is set to take effect Jan. 1, 2018, the European proposal would not be in effect until 2019 at the earliest.

ABA previously criticized the U.S. proposal for the NSFR, which consists of the amount of available stable funding over a year divided by the institution’s required stable funding, with the numerator required to equal or exceed the denominator. In previous comments, the association said that the NSFR is unnecessary, given the wide array of regulatory standards already in place, and added that it relies on flawed assumptions.

If adopted, the U.S. proposal would apply to banking institutions with more than $250 billion in total assets or $10 billion or more in on-balance sheet foreign exposures. A modified NSFR would apply to institutions with between $50 billion and $250 billion in assets.

Read the joint comment letter.

The Week Ahead: Dec. 12 - 16

2016-12-09T11:00:00.000-05:00

Monday

Comments Due FDIC: Restrictions on Qualified Financial Contracts of Certain FDIC-Supervised Institutions; Revisions to the Definition of Qualifying Master Netting Agreement and Related Definitions
Read more.
Comments Due SEC: Definition of Covered Clearing Agency; Proposed Rule
Read more.
Effective Date SEC: Standards for Covered Clearing Agencies; Final Rule
Read more.

Tuesday

Effective Date CFTC: Clearing Requirement Determination Under Section 2(h) of the Commodity Exchange Act for Interest Rate Swaps; Final Rule
Read more.
10 AM Meeting CFTC: Sunshine Act Meetings
Read more.

All times in Eastern Standard Time.
See future events on the Dodd-Frank Calendar.

FDIC Approves Deposit Recordkeeping Final Rule

2016-11-16T09:45:00.000-05:00

The FDIC board has approved a final rule requiring banks with more than 2 million deposit accounts to upgrade their deposit recordkeeping systems to facilitate the determination of FDIC insured deposits in the event of a bank failure. Under the rule, the FDIC will use the failing bank’s systems, data and staff to calculate the insured and uninsured amounts for each depositor and place holds on portions of uninsured deposits. To comply with the rule, these banks will be required to collect and maintain more detailed depositor information and make upgrades to their IT systems to ensure that they are able to calculate many types of insured deposits within 24 hours of failure.

In response to feedback from ABA and other associations, the final rule includes alternative requirements for a number of accounts, including certain trusts, brokered deposits and lawyers’ trust accounts for which it would be difficult to compel accountholders to provide personal identification information about the ultimate owners of the funds. The FDIC also extended the timeline for banks to comply with the rule, also in response to banker concerns. Affected institutions – currently 38 of the country’s largest banks – will now have three years to comply with the final rule instead of two.

Read the final rule.

Fed Proposes FINRA as Collector of Treasury Transaction Data

2016-10-24T09:12:00.001-04:00

The Federal Reserve recently said that it plans to collect data from banks on secondary market transactions in U.S. Treasury securities and that it is considering the Financial Industry Regulatory Authority as the Fed’s collection agent. It said it would seek public comment on the plan.

The proposal is intended to complement FINRA’s collection of these transactions by its broker-dealer members, a rule change recently approved by the Securities and Exchange Commission.

Read more.

The Week Ahead: Oct. 3 - 7

2016-09-30T11:30:00.000-04:00

Monday

Comments Due FDIC:Activities and Investments of Savings Associations
Read more.
Comments Due FDIC:Agency Information Collection Activities: Submission for OMB Review; Comment Request (3064-0070, -0079, -0103, -0139 & -0192) (PRA)
Read more.
Comments Due FDIC:Forms Relating to FDIC Outside Counsel Legal Support and Expert Services Programs
Read more.
Comments Due FDIC:Securities of Insured Nonmember Banks and State Savings Associations
Read more.
Comments Due FDIC:Uniform Interagency Transfer Agent Registration and Amendment Form (PRA)
Read more.
Comments Due SEC:Disclosure Update and Simplification; Proposed Rule
Read more.

Tuesday

Comments Due HUD: Housing Choice Voucher Program--New Administrative Fee Formula
Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

ABA-Supported Liquidity Definition Bill Introduced in Senate

2016-09-28T09:45:00.000-04:00

Sens. Mike Rounds (R-S.D.), Mark Warner (D-Va.) and Chuck Schumer (D-N.Y.) have introduced an ABA-backed bill that would expand the ability of banks to count municipal securities as high-quality liquid assets under the Liquidity Coverage Ratio. The bipartisan bill is similar to a measure that sailed through the House earlier this year.

While the Federal Reserve this spring issued a rule counting certain municipal securities as HQLA — a step ABA has long advocated — the Senate measure would apply to all banking agencies. Due to the role banks play as investors in municipal markets, expansion of the HQLA definition is expected to be beneficial for all banks — not just those covered by the LCR.

Read more.

The Week Ahead: July 11 - 15

2016-07-08T11:30:00.000-04:00

Monday

Effective Date FINCEN: Uniform Interagency Consumer Compliance Rating System Read more.

Applications Requested FRB: Solicitation of Applications for Membership on the Community Advisory Council Read more.

Tuesday

Meeting OCC: Minority Depository Institutions Advisory Committee Read more.

House Hearing: Making a Financial Choice: More Capital or More Government Control? Read more.

House Hearing: Examining the Opportunities and Challenges with Financial Technology (“FinTech”): The Development of Online Marketplace Lending Read more.

Wednesday

Comments Due CFTC: Position Limits for Derivatives: Certain Exemptions and Guidance Read more.

House Hearing: HUD Accountability Read more.

Thursday

Effective Date CFPB: Civil Penalty Inflation Adjustments Read more.

Meeting SEC: Investor Advisory Committee Meeting Read more.

Senate Hearing: Evaluating the Financial Risks of China Read more.

House Hearing: The Financial Stability Oversight Council and the Designation of Non-Bank Financial Companies Read more.

Friday

Comments Due CFPB: Evaluation of Financial Empowerment Training Program (PRA) Read more.

Comments Due FDIC: Agency Information Collection Activities: Submission for OMB Review; Charter and Federal Deposit Insurance Application; Interagency Guidance on Funding and Liquidity Risk Management; Appraisals for Higher-Priced Mortgage Loans; Interagency Guidance on Leveraged Lending Read more.

Comments Due OCC: Lending Limits Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.

SEC Working on Board Diversity Disclosure Proposal

2016-06-29T09:40:00.000-04:00

SEC staff are working on a proposed rule that would require public companies to include in their proxy statement “meaningful disclosures” of the race, sex and ethnicity of their board members and board nominees, SEC Chairman Mary Jo White said in a speech. The disclosures would be based on voluntary self-reporting by directors, she said.

“My view is that the SEC has a responsibility to ensure that our disclosure rules are serving their intended purpose of meaningfully informing investors,” she said, referring to the agency’s 2009 rule requiring companies to disclose whether and how their nominating committees consider diversity. “This rule does not and it should be changed.”

Read the speech.

ABA Urges FDIC to Revise Deposit Recordkeeping Proposal

2016-06-28T10:15:00.000-04:00

In a joint letter with three other financial trade associations, ABA responded to an FDIC proposal that would require banks with more than 2 million deposit accounts to collect extensive depositor information and develop systems that would allow the FDIC to close the bank and use the bank’s system to make deposit insurance determinations. The requirements are designed to facilitate rapid repayment of insured deposits to customers in the event of a large bank failure.

The letter pointed out that the cost analysis for the proposal understates its impact on affected institutions and does not take into account the ongoing costs to covered institutions that would arise from regularly collecting and maintaining current account information, IT systems and fulfilling exam requirements. Nor, the letter added, did the FDIC’s assessment take into account the effect on deposit account holders and the deposit markets in general. The groups offered suggestions to make the proposed processes more cost effective and less disruptive.

They also recommended that the FDIC exempt a number of deposit accounts, including certain trusts, employee benefit plans, brokered deposits, lawyers’ trust accounts and prepaid cards from the requirements, as banks would have no way to compel these accountholders to provide personal identification information on the ultimate owners of the funds.

Read the letter.

The Week Ahead: June 27 - July 1

2016-06-24T11:31:00.000-04:00

Monday

Comments Due OCC: Reduction of Permanent Capital Notice (PRA) Read more.

Comments Due FDIC/OCC/FRB: Correction for Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework Read more.

Comments Due FDIC: Recordkeeping for Timely Deposit Insurance Determination Read more.

Comments Due OCC: Disclosure of Financial and Other Information by National Banks (PRA) Read more.

Comments Due OCC: Funding and Liquidity Risk Management (PRA) Read more.

Comments Due OCC: Interagency Guidance on Asset Securitization Activities (PRA) Read more.

Comments Due OCC: Reduction of Permanent Capital Notice (PRA) Read more.

Meeting CFTC: Market Risk Advisory Committee Read more.

Friday

Effective Date FRB: Liquidity Coverage Ratio: Treatment of U.S. Municipal Securities as High-Quality Liquid Assets Read more.

Effective Date FDIC: Assessments Read more.

All times in Eastern Standard Time. See future events on the Dodd-Frank Calendar.