Page 17 - Acting Comptroller News Today

In an unusual move, Laura Akahoshi, former Rabobank (the “Bank”) Chief Compliance Officer (“CCO”), filed on July 6, 2023 an opposition to the Office of the Comptroller of the Currency’s...

After a lengthy “holistic” review and a spring banking crisis, US bank capital requirements finally face overhaul. On July 10, 2023, US Federal Reserve Board (FRB) Vice...

July 18, 2023- The House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions held a hearing entitled "Potential...

July 18, 2023- The House Financial Services Subcommittee on Financial Institutions and Monetary Policyheld a hearing entitled "Climate-Risk: Are Financial Regulators...

Crypto-focused asset manager Hashdex said Brian Brooks had become the fifth member of its board of directors and will serve as a strategic adviser to the firm.

July 12, 2023- The U.S. House Committee on Financial Services held a hearing entitled, "Protecting Investor Interests: Examining Environmental and Social Policy in Financial...

July 11, 2023- The U.S. House Financial Services Committee announced the following hearing: National Security, Illicit Finance, and International Financial Institutions...

The collapse of Silicon Valley Bank (SVB), the failure of Signature Bank, the close-call of First Republic, and the bailout of Credit Suisse had many proclaiming earlier this year...

Currency Comptroller Hsu warned that AI system training and unpredictable outputs may cause the system to learn and behave in a way that is inconsistent with our values, and in turn, may create significant governance and accountability challenges.

July 10, 2023- Board of Governors of the Federal Reserve System (Federal Reserve) Vice Chair for Supervision Michael S. Barr gave a speech at the Bipartisan Policy Center entitle...