FDIC Chair Jelena McWilliams encouraged greater collaboration between community banks and FinTech firms.

U.S. Representatives Carolyn B. Maloney (D-NY) and Patrick McHenry (R-NC) introduced a bill that would require all eight U.S. financial regulators to enact a set of data collection and dispersion standards for reported information.

ISDA CEO Scott O'Malia called for specific changes to the current credit valuation adjustment capital framework, criticizing the capital requirements for not being appropriate or risk-sensitive.

The Department of the Treasury and the Federal Housing Finance Agency agreed to modifications in Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac.

A Boston-based company settled potential civil liability on behalf of three of its current and former subsidiaries for alleged violations of the Cuban Assets Control Regulations.