Washington Report 360 | August 19, 2022

FRB guidelines for reserve bank accounts; FDIC guidance on multiple NSF fees

Key Highlights

  • Reserve Bank accounts. FRB issued final guidelines for evaluating requests to access Reserve Bank accounts and services
  • Consumer costs. FDIC issued guidance on multiple NSF fees resulting from re-presentment of the same transaction; CFPB outlined factors driving increasing credit card interest rates.
Financial services regulatory news
SEC
  • Enforcement action alleging antifraud and beneficial ownership reporting violations relating to stock manipulation and hacked US brokerage accounts
CFTC
FRB
FDIC
CFPB
FHFA

 

Financial services policy news
White House


Industry news headlines

(Some links may require subscription)

Contact us 

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100