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Federal regulators extended the comment deadline on their proposal to implement stricter regulatory capital standards on banks over $100 billion in assets while the Federal Reserve collects additional data on the impact of the proposal.
Surcharge Proposal: The Fed also said it would extend the comment period on its proposal to modify the capital surcharge for the largest and most complex banks.
Extension: The comment periods for both rulemakings were extended from Nov. 30 to Jan. 16.
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ICBA this week kicks off a new webinar series to provide community bankers a primer on artificial intelligence.
ImageOct 23, 2023
In a new letter sent to the Federal Reserve Board of Governors, ICBA and a coalition that includes organizations representing the vast majority of federally-regulated financial institutions across the country, urged the Fed to reject merchant requests for further changes to Regulation II governing debit card interchange fees.
ImageOct 20, 2023
The Consumer Financial Protection Bureau released its proposal to implement standards for sharing consumer financial data under Section 1033 of the Dodd-Frank Act.
ImageOct 20, 2023
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