Federal Deposit Insurance Corporation (FDIC)’s Post

Banking | Bank Payout Policy, Regulation, and Politics, by Fahlenbrach, Ko & Stulz, as a NBER WP. https://lnkd.in/dzAsvyJ4

Join us on April 4 for a complimentary BAI webinar where we’ll focus on practical insights and resources to put banking policies into practice. We’ll also explore recent enforcement actions as they relate to unsafe practices.

Really happy this article with Nicolò Fraccaroli and Rhiannon Sowerbutts is now out. Policymakers assume that giving more #independence to #financial #regulators will lead to a more stable financial system, but does it? We decided to find out. We developed a new index of Regulatory and Supervisory Independence (RSI) that better captures specifically the political independence of regulatory authorities worldwide. We then combined that with bank-level data over 20 years to see the effect of this independence on #financial #stability. We found that increasing the independence of financial regulators and supervisors from political pressures does indeed improve financial stability. At a time when politics seems to be ascendant around the world, it is worth remembering why independent institutions have previously been considered important safeguards for stable systems. Link to the article below.

Broaden the financial freedom - The Power of Diversifying Your Bank Accounts Across Different Jurisdictions https://lnkd.in/eMU4TfP6

What’s in store for bank regulation, supervision, and enforcement in a second Trump Administration? Max Bonici and Steve Gannon offer some reflections about anticipated personnel and policy changes in the federal banking agencies. Read it here: https://lnkd.in/gPiuabvu

On February 16, 2024, the Treasury Department published a proposed regulation relating to new reporting requirements for certain transfers of residential real estate consistent with its rulemaking authority under the Bank Secrecy Act. The rule would require the filing of a Real Estate Report with the Financial Crimes Enforcement Network (FinCEN) after the transfer of residential real estate. Read Kevin Naccari, Jr. and Leon Rittenberg III’s latest post on the #GulfCoastBusinessLawBlog here: https://lnkd.in/ds6MFxe8

This guide comparing the top 24 US issuers is so high quality it deserves another post! https://lnkd.in/du8iAibR Kipp - Authorize More

Secured a monetary judgment but the debtor isn’t paying? What’s next? 🤔 Explore practical ways to enforce your judgment, from seizing assets to freezing bank accounts. Each option has its own costs, time, and risks. Want to learn more about enforcement options and practical considerations? Check out our latest post and visit the website for full details! 🔗https://lnkd.in/enZxVknW #KeepingItBrief #disputeresolution #malaysialawfirm

Well this is interesting, with many implications. One is a good one: if state-by-state money transmitter licenses were replaced by something national, if would simplify things significantly. Of course, the question would be the devil you know versus the one you don't. https://lnkd.in/eD6RdWNJ Brandi Reynolds, CAMS-Audit, CCAS

Law360 covers banks lobbyists gloating about standing in the way of common sense financial protect rules. Dennis Kelleher explains "The banks' real problem with the rules now is that they just don't like rules that require more protections for investors, customers, consumers, markets and financial stability rather than rules that increase banks' revenues, profits and compensation." Read more at: https://lnkd.in/ejghG6JD