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Inside Washington (12/20/2011)
  • WASHINGTON (12/21/11)--The Federal Reserve on Tuesday issued a package of rules viewed as the core of the Dodd-Frank Act. The rules were expected to be released this summer, but were delayed due to their complexity. The proposal includes measures addressing issues such as capital, liquidity, credit exposure, stress testing, risk management and early remediation requirements. The proposal generally applies to all U.S. bank holding companies with assets of $50 billion or more and any nonbank financial firms that may be designated by the Financial Stability Oversight Council as systemically important companies. The board will issue a proposal regarding foreign banking organizations shortly …


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3 hours ago
RT @IllinoisLeague: Mike Daugherty, CEO, Community Plus FCU: I'd like to you to reconsider your repeated 'No's' #listeningsession #fixRBC h…
5 hours ago
CU says definition of complex CU needs to be reviewed, and not just based on asset size. NCUA: We are looking at that. #listeningsession
5 hours ago
NCUA says lots of resources go 2 examiner training,but there's much turnover.Invites ideas on how to improve exam training.#listeningsession
5 hours ago
CU tells NCUA that more benefit could be gained by better examiner training than imposing this "unnecessary" RBC system at #listeningsession
5 hours ago