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The US Federal Reserve has officially removed “reputational risk” from its supervisory guidelines for banks, a move widely seen as a turning point for the cryptocurrency industry. This decision, ...
Gina F. Rubel and Elizabeth Ogilvie of Furia Rubel Communications, Inc. point out that many law firms are moving forward with ...
The central bank said it would replace references to the metric “with more specific discussions of financial risk.” Banks can ...
The Federal Reserve’s recent decision to remove "reputational risk" from its bank examinations is a welcome change that aligns with the ongoing fight against financial discrimination. Republicans, led ...
The US Federal Reserve has stopped using reputational risk in bank oversight, a move long sought by the crypto industry.
The Federal Reserve Board has scrapped reputational risk from its oversight of banks, which the crypto industry has said was previously used to target and debank crypto firms.
The Federal Reserve has directed its supervisors to eliminate reputational risk as a standalone factor in bank examination programmes, shifting scrutiny instead to concrete financial metrics.The Fed’s ...
The Federal Reserve has revised its bank examination process by removing 'reputational risk' and focusing on more specific ...