OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Agencies issue host state loan-to-deposit ratios
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that they will use to…
Supervision and Regulation Report of Federal Reserve
Chairman Crapo, Ranking Member Brown, Members of the Committee, thank you for your time and for your invitation to testify today on the Federal Reserve's regulation and supervision of the financial system. My visit comes…
The Community Reinvestment Act: How Can We Preserve…
It is a pleasure to have an opportunity to discuss how we can preserve what is working well with the Community Reinvestment Act (CRA) and make it better.1 In recent months, we have seen a high…
CFTC Approves a Final Rule to Amend Uncleared…
Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that it has approved a final rule to amend its uncleared swap margin requirements (CFTC Margin Rule) to better align with certain rules (QFC Rules)…
Treasury Supports National Fintech Charter
[caption id="attachment_315189" align="alignleft" width="133"] Craig Phillips, Counselor to the Secretary of the US Department of Treasury[/caption] Fintech maybe driving headlong into the middle of a core American philosophical debate. The US Department of Treasury released…
How Would a Fintech National Charter Work in…
At the last House hearing on fintech, Missouri Republican Congressman Blaine Luetkemeyer floated the idea of a national bank charter for fintech companies. The idea is still in its infancy but it could have a…