BankOversight

Bank Regulators Set for a New Era: OCC Relocates to New York Tower

5 days ago

The Office of the Comptroller of the Currency (OCC), an essential regulatory body overseeing national banks, is making a significant move back to the bustling heart of New York City. The transition marks a pivotal moment for the OCC as it reintegrates itself within the epicenter of the financial world, reflecting an evolving landscape in banking regulation and oversight.

Fed's Bowman Sounds Alarm Over Lax Bank Oversight Trends

1 month ago

In a recent address, Federal Reserve Governor Michelle Bowman raised significant concerns regarding the current state of bank oversight in the United States, highlighting what she describes as a "troubling trend" of insufficient regulatory action. Her remarks come at a critical time when the financial landscape is undergoing substantial changes influenced by rising interest rates and increased economic uncertainty.

Swiss Lawmakers Propose Over 30 Reforms for Enhanced Bank Oversight

3 months ago

In a significant move to strengthen the regulatory framework governing the nation’s banking sector, Swiss lawmakers have introduced more than 30 proposals aimed at reforming bank oversight. This legislative effort stems from growing concerns over the resilience and transparency of the Swiss banking system, especially in the aftermath of a series of financial crises that have shaken investors’ confidence.