Insight

Washington Report 360 | February 14, 2020

CRA mulling own CRA proposal; FTC focus on anti-trust; FDIC issued procedures for deposit insurance applications

Amy S. Matsuo

Amy S. Matsuo

National Leader, Regulatory Insights, KPMG US

+1 919-664-7302

Key Highlights

  • FRB still deciding whether to move forward with its own CRA proposal, early stages of considering climate risks.
  • FTC focus on anti-trust expanded to prior tech company acquisitions.
  • FDIC issued procedures for deposit insurance applications involving unique or complex proposals, and approved a fintech company’s application to provide insured deposits

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