Communicate, says NY Fed

Regulatory update

Home regulators and foreign banks operating in the US must increase communication and collaboration in order to ensure smooth regulatory compliance, said the executive vice-president of the Federal Reserve Bank of New York, William Rutledge.

The Fed will share concerns of particular institutions with its home regulator, which may lead to "very explicit and public coordination of enforcement actions", said Rutledge. Consequently, foreign firms are encouraged to maintain communication with regu

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: