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The Office of the Comptroller of the Currency (OCC) is seeking public comments on the renewal of the "Fair Housing Home Loan Data System Regulation" information collection. This request is part of the agency's effort to reduce paperwork and respondent burden, in accordance with the Paperwork Reduction Act. The regulation requires certain national banks to collect and maintain specific data on home loans, especially if they receive over 50 home loan applications annually. The OCC is asking for feedback on whether the information collections are necessary, how to reduce the burden on respondents, and any start-up or ongoing costs associated with providing the information.

The Federal Deposit Insurance Corporation (FDIC) has issued a final rule to adjust the way deposit insurance assessments for large banks are calculated. This change is aimed at preventing the temporary double counting of certain credit loss amounts related to the Current Expected Credit Losses (CECL) methodology in these assessments. By doing so, the rule ensures that big banks are charged fairly and accurately for their deposit insurance. The final rule will take effect on April 1, 2021, and is not expected to affect small banks or change regulatory capital.

The Federal Reserve Board has proposed a rule change to stabilize the capital requirements for large financial institutions. The changes would calculate the stress capital buffer requirement by averaging the capital declines from the past two years of stress tests, instead of just one, to reduce volatility. Additionally, the implementation date for the new requirements would be moved from October 1 to January 1, giving firms extra time to comply. These adjustments aim to make capital planning easier and lower regulatory burdens without significantly affecting overall capital demands.

The Export-Import Bank of the United States (EXIM Bank) has proposed a new system of records, called EXIM PERSEC IQ, to help manage security information related to personnel. This system will support EXIM in making decisions about the eligibility and suitability of individuals for federal employment and access to federal facilities, covering information like employment and credit history, education, and more. The records will be stored digitally in a secure environment, and the public can provide comments on this new system by reaching out to the bank through various methods, including an online portal, email, and mail. The system is set to become effective on March 21, 2025, with a 30-day comment period following its publication in the Federal Register.

The Federal Deposit Insurance Corporation (FDIC) is withdrawing its proposed rules related to brokered deposit restrictions, corporate governance, and the Change in Bank Control Act. These proposals, published in 2023 and 2024, aimed to revise existing regulations but faced issues like being overly complex, conflicting with state laws, and potentially discouraging investments in banks. If the FDIC decides to take regulatory action on these matters in the future, it will announce new proposals.

The Federal Reserve System published a notice about companies planning to engage in or acquire nonbanking activities under the Home Owners' Loan Act. The information regarding these applications is accessible both at the specified Federal Reserve Bank and the Board of Governors. Interested individuals can express their views in writing, ensuring that comments are submitted by January 27, 2025. The Marathon MHC of Wisconsin plans to merge with Marathon Bancorp, Inc., converting to stock form as part of the transaction.

The Export-Import Bank of the United States (EXIM) is seeking comments on a proposed information collection to help reduce paperwork and respondent burden. This collection, known as the EIB 10-06 Application for Approved Finance Provider, is part of an ongoing effort to streamline the process under the Paperwork Reduction Act of 1995. People can submit their comments electronically, via email, or by mail by June 9, 2025. The collected information will help EXIM assess whether financial institutions are eligible to become Approved Finance Providers, allowing them to participate in EXIM's insurance, guarantee, and loan programs.

The Coast Guard has issued a final rule allowing for electronic submission of mariner credential applications and the payment of fees through an online system, aiming to modernize and streamline the process. The rule eliminates the requirement for prospective mariners to take an oath in person, updates certain procedures related to the issuance of credentials, and makes technical amendments like adopting gender-neutral language. The changes, effective January 19, 2025, are designed to improve efficiency and clarity, making it easier for mariners to manage their credentials.

The Securities and Exchange Commission (SEC) approved changes proposed by ICE Clear Credit LLC (ICC) to its Treasury Operations Policies and Procedures. These changes aim to improve the clarity and accuracy of the Treasury Policy by adding details, correcting errors, and aligning it with current practices. Key revisions include new criteria for settlement banks to provide liquidity information and updates to investment guidelines for better flexibility and security. These amendments are designed to enhance the efficiency and safeguarding of financial transactions handled by ICC.

The Board of Governors of the Federal Reserve System is seeking public comments on a proposal to update the recordkeeping and disclosure requirements under Regulation CC. The proposal includes extending these requirements for three years and adding new provisions that were previously omitted. Regulation CC outlines how banks should manage and disclose information related to deposits and nonpayment of checks. Comments on the proposal must be submitted by June 30, 2025.