Federal Reserve Board Notification,update

 

Federal Reserve Board launches data collection to gather more information from the banks affected by the large bank capital proposal it announced earlier this year https://www.federalreserve.gov/newsevents/pressreleases/bcreg20231020b.htm Released by the Board of Governors of the Federal Reserve System Federal Reserve Board issues enforcement action and fines Metropolitan Commercial Bank approximately $14.5 million for violations of customer identification rules and for deficient third-party risk management practices https://www.federalreserve.gov/newsevents/pressreleases/enforcement20231019a.htm Released by the Board of Governors of the Federal Reserve System Beige Book   https://www.federalreserve.gov/monetarypolicy/publications/beige-book-default.htm 2022 Survey of Consumer Finances (SCF) The Survey of Consumer Finances (SCF) is a triennial cross-sectional survey of U.S. families. The survey collects information on families’ balance sheets, income, net worth, credit use, and other financial outcomes.   The latest G.17 data are now available.   https://www.federalreserve.gov/releases/g17/current/default.htm Agencies extend comment period on proposed rules to strengthen large bank capital requirements https://www.federalreserve.gov/newsevents/pressreleases/bcreg20231020a.htm Released by the Board of Governors of the Federal Reserve System Financial Stability Report Report summarizing the Federal Reserve Board's framework for assessing the resilience of the U.S. financial system and presenting the Board's current assessment. https://www.federalreserve.gov/publications/financial-stability-report.htm   Visit us on the web at Federal Reserve Board.