The Federal Reserve proposes to permanently eliminate "reputational risk" review

The Federal Reserve has launched a 60-day public comment period for a new proposal that aims to permanently remove “reputational risk” from banking regulatory rules. The new proposal clearly states that examiners should prioritize substantive risks that threaten a bank’s “safety and soundness” and should not penalize or prohibit customers engaged in legitimate activities based on “reputational risk,” including crypto companies.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)