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Compliance

No new exposures to the legacy lending reference rate will be permitted after December 31
Chair outlines various risks and opportunities for stable coins and other digital assets
The bank violated the Fair Housing Act during the period 2014 to 2016
Joint letter is part of regulatory body’s push to reject proposal
Guidance is a ‘rudimentary’ first step to help banks assess and manage climate-related risks
App-based neobank Monzo has yet to make a profit in the UK
Credit unions should live up to their statutory obligations, says ABA
The ABA has expressed “serious concerns” about Saule Omarova’s restructuring ideas
Statement will likely effect global banks’ and competitors’ expansion
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