The Board of Governors of the Federal Reserve adopted new operational risk management requirements for systemically important designated clearing organizations.
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The CFPB reviewed federal student loan servicing practices since required repayments have resumed.
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The CFPB highlighted findings from supervisory examinations completed between January 2022 and June 2022.
The Federal Reserve Board proposed amendments to the risk management standards governing operations related to the payment, clearing and settlement activities of certain designated financial market utilities.