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News & Headlines

FDIC, OCC Finalize Volcker Overhaul Proposal

The FDIC and the OCC yesterday approved a long-awaited set of changes to the Volcker Rule simplifying the rule’s compliance burden.

HUD Issues Proposal Aligning ‘Disparate Impact’ Rule with Court Ruling

As expected, the Department of Housing and Urban Development on Friday formally proposed a new standard for bringing “disparate impact” claims under the Fair Housing Act.

FASB Formalizes Proposal to Delay CECL Implementation for Some Institutions

Following a vote last month, the Financial Accounting Standards Board yesterday formally issued its proposal to delay the implementation of the current expected credit loss standard until January 2023 for certain companies.

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