Top of the Agenda A Note from Our CEO It’s been an extraordinary week in Washington, D.C., and across the country. In the midst of a health crisis and resulting economic crisis,… Continue Reading
March 26
March 26
March 13, 2020
Top of the Agenda “The Banks and the Financial System Are in Sound Shape and We Are Here to Help” “The banks and the financial system are in sound shape… Continue Reading
March 23
BITS and ABA Comment on Proposed Financial Sector Critical Infrastructure Cybersecurity Survey
On March 23, the Bank Policy Institute through its policy division known as “BITS” and the American Bankers Association filed a comment letter with the U.S. Department of the Treasury… Continue Reading
March 12
Foreign Central Banks Respond to COVID-19
The European Central Bank (ECB) today announced “significant capital relief” for E.U. banks, allowing them to “fully use” capital and liquidity buffers. The ECB will temporarily allow banks to let… Continue Reading
March 10
The Same Team – Changing How Government and Industry Protect Against Cyber Threats
If a hostile army were to storm our shores, the U.S. military would be there, quickly mobilized and deployed to meet the threat. After all, providing for the common defense… Continue Reading
March 6
March 06, 2020
Top of the Agenda Section 19 Discouraging Opportunities for Highly Qualified, Rehabilitated Candidates On March 3, BPI submitted recommendations to the Federal Deposit Insurance Corporation (FDIC) in response to a request for… Continue Reading
March 1
Actions the Fed Could Take in Response to COVID-19
The COVID-19 epidemic is projected to reduce economic activity, may reduce market liquidity, and could generate a flight to quality from risk assets to federally insured deposits at banks. In… Continue Reading
February 28
BPI Comments on FinCEN’s Renewal of CDD Beneficial Ownership Requirements
On February 28, BPI submitted comments to the Financial Crimes Enforcement Network (FinCEN) on its Paperwork Reduction Act notice to renew without changing its beneficial ownership information collection requirements for… Continue Reading
February 28
February 28, 2020
Top of the Agenda Panelists Spar Over Privacy, Security and Consumer Access to Data at CFPB Symposium On February 26, the CFPB hosted a symposium on the future application of data aggregation, market… Continue Reading
February 24
BPI Submits Comment Letter to Agencies on Call Report and FFIEC 101 Reporting Revisions
On February 24, BPI submitted a comment letter to the Fed, OCC, and FDIC responding to recently finalized reporting revisions to the Call Reports and the FFIEC 101. The letter… Continue Reading