Recent Developments
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Federal Reserve Board announces guidelines for banking entities seeking an extension to conform certain "seeding" investments in hedge funds or private equity funds to requirements of Volcker Rule
Press Release - 7/24/2017 -
Federal Reserve Board prohibits former foreign exchange (FX) trader from participating in banking industry for practices regarding FX pricing benchmarks
Press Release - 7/24/2017 -
Federal Reserve commends efforts as Faster Payments Task Force concludes
Press Release - 7/24/2017 -
Federal regulatory agencies announce coordination of reviews for certain foreign funds under "Volcker Rule"
Press Release - 7/21/2017 -
Federal Reserve Board announces approval of applications by Regions Bank
Press Release - 7/19/2017 -
Federal banking agencies issue notice of proposed rulemaking to exempt commercial real estate transactions of $400,000 or less from appraisal requirements
Press Release - 7/19/2017 -
Federal Reserve Board announces $246 million fine against BNP Paribas S.A. and certain of its U.S. subsidiaries for unsafe and unsound practices
Press Release - 7/17/2017
Federal Reserve System Purposes & Functions
The 10th edition of Federal Reserve System Purposes & Functions details the structure, responsibilities, and aims of the U.S. central banking system.
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FOMC Press Conference: Transcript (PDF)
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