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