Washington Report 360 | October 4, 2019
Washington Report 360 | October 4, 2019
Insight

Washington Report 360 | October 4, 2019

FRB final rule for prudential standards and resolution plans; OCC FY2020 supervision plan; Cloud service risks and FINRA notice.

Key highlights

  • FRB will vote on October 10 on the final rule for prudential standards and resolution plans for large domestic and foreign banks as well as a proposed rule on large bank supervisory assessments.
  • OCC released its FY2020 supervision plan with continued policy and supervisory focus on cybersecurity and operational resilience, BSA/AML compliance, credit practices, CECL and LIBOR preparedness, and technology innovation and implementation.
  • Cloud service risks highlighted in recent news and FINRA notice.

Financial services legislative and regulatory news

Banking

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Industry news