The Washington Report | For week ended August 4, 2017 | KPMG | US

The Washington Report | For the week ended August 4, 2017

The Washington Report | For week ended August 4, 2017

In this issue...

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Safety and soundness

  • Agencies issue review of shared national credit portfolio 
  • Federal Reserve invites comment on corporate governance and rating system proposals
  • OCC solicits comment on revising the Volcker Rule
  • OCC issues revised Comptroller’s Licensing Manual booklet
  • FSI releases first two papers in policy implementation series

Enterprise and consumer compliance

  • CFPB issues Compliance Bulletin highlights concerns around pay-by-phone fees
  • FTC announces initiative to fight against illegal robocalls
  • OCC Acting Comptroller releases statement on CFPB’s arbitration rule
  • CFPB releases Data Point report and disclosure form prototypes focusing on overdrafts
  • Enforcement action

Capital markets and investment management

  • FINRA reaches agreement with SIPC to streamline reporting submissions
  • U.S. Senate confirms new CFTC chairman and commissioners

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