Upon Further Analysis — Archives
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Understanding MRAs
Matters requiring attention (MRAs) play a critical, if little understood role in bank supervision. While cease and desists, consent orders, and civil money penalties are public documents, MRAs are kept confidential. This confidentiality means that even those who follow the banking industry closely may have only a limited understanding of how MRAs work in practice.…
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Speedbumps and Bank Supervision
U.S. rules for banks adjust requirements depending on the bank’s size and exempt smaller community banks from some long-standing regulations. Congressman Andy Barr has proposed legislation to make a larger group of banks eligible for these relaxed requirements. Other legislators and regulators have made similar proposals and have also suggested adjusting thresholds for regional banks…