Skip to content

How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.


Top Story Lending Related

09/04/2014

FCA proposes regulatory capital requirement revisions

The Farm Credit Administration has published [79 FR 52813] a request for comments on a proposed rule that would revise FCA's regulatory capital requirements for Farm Credit System institutions. Comments on the proposal are due by January 2, 2015.
 

09/04/2014

Mortgage fraud using straw buyers

The Department of Justice has announced that a Michigan man has been sentenced to 18 months in prison and the payment of almost $200,000 in restitution to a bank and Fannie Mae for his participation in a conspiracy to commit bank fraud. The scheme involved the purchase of homes for approximately $5,000 to $40,000 each and the recruiting of straw buyers to submit fraudulent loan applications for home mortgages in exchange for a fee.
 

09/04/2014

NMLS enhancements and updates

The NMLS has announced October 6, 2014, as the target date for the implementation of numerous general enhancements and system maintenance updates.
 

09/04/2014

Supplementary leverage ratio rule adopted

The FRB, FDIC and OCC also announced  the adoption of a final rule  modifying the definition of the denominator of the supplementary leverage ratio in a manner consistent with recent changes agreed to by the Basel Committee on Banking Supervision. The revisions to the supplementary leverage ratio will apply to all banking organizations subject to the advanced approaches risk-based capital rule. Certain disclosures under the rule will be required starting in the first quarter of 2015; the minimum supplementary leverage ratio requirement using the revised calculations will be effective January 1, 2018.

09/04/2014

Beige Book

The Federal Reserve has released the September 3, 2014, issue of the Beige Book.
 

09/04/2014

FCA proposes regulatory capital requirement revisions

The Farm Credit Administration has published [79 FR 52813] a request for comments on a proposed rule that would revise FCA's regulatory capital requirements for Farm Credit System institutions. Comments on the proposal are due by January 2, 2015.
 

09/04/2014

Mortgage fraud using straw buyers

The Department of Justice has announced that a Michigan man has been sentenced to 18 months in prison and the payment of almost $200,000 in restitution to a bank and Fannie Mae for his participation in a conspiracy to commit bank fraud. The scheme involved the purchase of homes for approximately $5,000 to $40,000 each and the recruiting of straw buyers to submit fraudulent loan applications for home mortgages in exchange for a fee.
 

09/04/2014

NMLS enhancements and updates

The NMLS has announced October 6, 2014, as the target date for the implementation of numerous general enhancements and system maintenance updates.
 

09/04/2014

Supplementary leverage ratio rule adopted

The FRB, FDIC and OCC also announced  the adoption of a final rule  modifying the definition of the denominator of the supplementary leverage ratio in a manner consistent with recent changes agreed to by the Basel Committee on Banking Supervision. The revisions to the supplementary leverage ratio will apply to all banking organizations subject to the advanced approaches risk-based capital rule. Certain disclosures under the rule will be required starting in the first quarter of 2015; the minimum supplementary leverage ratio requirement using the revised calculations will be effective January 1, 2018.

09/03/2014

Board lists pending litigation

The Federal Reserve Board has posted a list of pending cases involving the Board of Governors. The list does not include lawsuits against the Federal Reserve Banks that do not name the Board of Governors as a party.
 

Pages

Training View All

Penalties View All

Search Top Stories