Download the Full Comment Letter [PDF] Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Comment Intake – Procedures for Supervisory Designation Proceedings c/o Legal Division Docket Manager Docket No. CFPB-2024-0006 Re: Final Rule – Procedures for Supervisory Designation Proceedings Dear Sir or Madam: The Conference of State Bank Supervisors 1 (“CSBS”) provides the following comments regarding the
27 Teams will examine asset and liability management Washington, D.C. – Twenty-seven student teams from 21 colleges and universities across the nation have entered the 2024 CSBS Community Bank Case Study Competition. Each team has partnered with a local community bank to learn about the closures of Silicon Valley Bank, Signature Bank, and First Republic Bank, identify the case study
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today issued a request for public comment on proposed increases to processing fees for the Nationwide Multistate Licensing System and Registry (NMLS). If approved following the comment period, the proposed increase will be the first time these fees have changed since NMLS launched nationwide in 2008. “NMLS has become a
Download the Full Comment Letter [PDF] Financial Crimes Enforcement Network Policy Division P.O. Box 39 Vienna, VA 22183 FINCEN-2024-0009 Re: Request for Information and Comment on Customer Identification Program Rule Taxpayer Identification Number Collection Requirement Dear Sir or Madam, The Conference of State Bank Supervisors (“CSBS”) 1 provides the following comments on the notice and request for information (“RFI”) issued
CSBS supports state-federal coordination across a range of supervisory and regulatory structures and work streams. Decades of engagement with the federal banking agencies informed CSBS’s efforts to ensure that the law creating the CFPB codified coordination with state regulators. For more than a decade, the states have been leaning into that partnership through supervisory efforts, information sharing, and enforcement through
CSBS is pleased to introduce a new blog series featuring staff across the state financial system who are going above and beyond to empower the multistate network for better supervision and industry compliance. Congratulations to our CSBS Networked Supervision Champions. “Networked Supervi sion makes us all better!” Jeff Peterson is not shy about saying that up front. The senior financial
Download the Full Comment Letter [PDF] The Honorable Joseph R. Biden President The White House 1600 Pennsylvania Avenue NW Washington, DC 20510 Dear Mr. President: As you consider potential nominees for Chairperson of the Federal Deposit Insurance Corporation (FDIC), 1 we recognize the critical responsibility any new leader must shoulder to provide FDIC employees with a professional, diverse, and inclusive
As the financial services industry rapidly evolves in volume and complexity, CSBS is creating data, technology, and analytical products to help state regulators anticipate and mitigate risk within the financial system. Harnessing the Power of Data CSBS's research and analytics services and products act as a force multiplier, giving states the information they need to accomplish more despite time and
Washington, D.C. – Eleven teams have advanced in the first round of judging of the 2024 CSBS Community Bank Case Study Competition. The teams were chosen from a pool of 27 student teams that represent 21 colleges and universities across the nation. This is the tenth year of the competition, which is open to undergraduate students in all fields of