FSOC's 2023 Annual Report and Recent Revisions to Nonbank ...

It unanimously-approved its 2023 Annual Report, which, among other things, describes potential emerging threats to financial stability, ...

The Financial Stability Oversight Council (“FSOC”) was active in the final quarter of. 2023. It unanimously-approved its 2023 Annual Report ...

FSOC Annual Report 2023 - Treasury

the last 10 years, with the share of nonbank orig- inations and ... ” New York, NY: SIFMA, Revised April 2023. https://www.sifma.org/wp ...

Financial Stability Oversight Council Releases 2023 Annual Report

Overall, the Council finds that the U.S. financial system remains resilient, and the U.S. banking system remains sound. The report also details ...

FSOC approach to nonbanks unlikely to change under Trump

The Financial Stability Oversight Council's approach to systemic risk posed by nonbanks is unlikely to make a significant course correction ...

Statement by Martin J. Gruenberg, Chairman, FDIC, to the Financial ...

... financial system is intended to inform the FSOC's work to review the nonbank issues. In addition, in April 2023, the FSOC proposed new ...

FSOC Releases 2023 Annual Report - Mutual Fund Directors Forum

In December, the Financial Stability Oversight Council (FSOC) released its annual report highlighting its areas of focus in 2023, ...

FSOC's 2023 Annual Report | Tara Holzer posted on the topic

In our most recent Debevoise In Depth, we discuss notable highlights from FSOC's 2023 Annual Report and key takeaways from FSOC's recent ...

FSOC Finalizes Guidance on Nonbank Systemically Important ...

Executive Summary On November 3, 2023, members of the Financial Stability Oversight Council (“FSOC” or “Council”)[1] voted unanimously to ...

CSBS Statement on FSOC Nonbank Mortgage Servicing Report

Washington, D.C. – Today, the Financial Stability Oversight Council (FSOC) released a report on nonbank mortgage servicing, ...

Regulators' Enhanced Bank Call Report Proposal Highlights Focus ...

... recently proposed revisions to depository financial ... Further, in its 2023 Annual Report released in December, FSOC notes that nonbanks ...

The Fed - Financial Stability - Federal Reserve Board

The banking sector remained sound and resilient overall in 2023. Bank runs at Silicon Valley Bank (SVB) and other banks in March 2023 showed ...

Statement by Martin J. Gruenberg, Chairman, FDIC, on the Approval ...

The Annual Report reflects the very robust risk analysis from staff on hedge funds and non–bank mortgage service providers. The new FSOC ...

Revival of the Financial Stability Oversight Council: FSOC Proposes ...

Third, the 2023 Guidance eliminates the requirement that FSOC consider the likelihood of a company's material financial distress before ...

Guidance on Nonbank Financial Company Determinations

On April 21, 2023, the Council approved proposed interpretive guidance (the Proposed Guidance) to revise and update the 2019 Interpretive ...

Davis Polk Discusses FSOC Revision to Nonbank SIFI Designation ...

The Financial Stability Oversight Council revised its interpretive guidance and analytic framework for FSOC's authority to designate nonbank financial ...

Statement by CFPB Director Rohit Chopra on the Financial Stability ...

Today, the FSOC is publishing a report and recommendations on the financial stability risks posed by nonbank mortgage companies. Over the ...

September 20, 2023 - FS Vector

... financial stability risks of nonbank financial institutions (NBFIs). ... FSOC's 2023 annual report; and its fiscal year 2024 budget. FDIC ...

FSOC Approves Analytic Framework for Financial Stability Risks and ...

First, under the current guidance, FSOC is committed to relying on federal and state regulators to address problematic nonbank financial company ...

State Banking Representative Superintendent Adrienne A. Harris ...

Harris statement on FSOC 2023 Annual Report . “I'd like to thank the ... Harris Statement on FSOC Nonbank Mortgage Servicing Report. May ...