-
New CEO for UK Banking Standards Review Council
01/13/2015
The UK Banking Standards Review Council appointed Alison Cottrell as its first Chief Executive from April 2015.Topic: Other Developments -
SEC Appoints New Regional Director
01/08/2015
The SEC named Walter Jospin Regional as Director of its Atlanta Office.Topic: Other Developments -
US Federal Deposit Insurance Corporation Appoints New Regional Director
01/06/2015
The FDIC named Michael J. Dean as Atlanta Regional Director.Topic: Other Developments -
US Federal Reserve Board Appoints New Director of Monetary Affairs
01/06/2015
The Federal Reserve Board appointed Thomas Laubach as director of the Division of Monetary Affairs.Topic: Other Developments -
US Federal Deposit Insurance Corporation Issues List of Banks Examined for Community Reinvestment Act Compliance
01/05/2015The FDIC issued a list of state non-member banks which were evaluated for compliance with the Community Reinvestment Act. The list relates to evaluation ratings that the FDIC assigned to institutions in October 2014. All of the banks rated received either satisfactory or outstanding ratings. The CRA was instituted in 1977 in order to encourage insured banks and thrifts to meet local credit needs, including those of low-income neighborhoods. Included in the Financial Institutions Reform, Recovery and Enforcement Act of 1989, Congress mandated that the public disclosure of the results of each bank and thrift that undergoes a CRA examination.
View the monthly list of banks examined for CRA compliance.
View the January 2015 list of banks examined for CRA compliance.Topic: Other Developments -
US Securities and Exchange Commission Announces Program to Facilitate Analysis of Corporate Financial Data
12/30/2014
The SEC introduced a pilot program intended to simplify investor analysis and comparisons of public company financial statement data. The new program will organize data provided by companies into structured data sets which can be used for bulk downloads on the SEC’s website by investors. The SEC anticipates that such data sets will be expanded in 2015 to contain data in footnotes to the financial statements.
View examples of financial statement structured data sets.Topic: Other Developments
The following posts provide a snapshot of selected UK, EU and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructures, asset managers and corporates.
