Bank Wire – Impact of new lease accounting standard on regulatory capital

Description

Abstract: This summary of recent developments in banking looks at the impact of a revised lease accounting standard on a bank’s regulatory capital. It also discusses the Office of the Comptroller of the Currency’s updated risk management guidance for third-party relationships. In addition, the article notes that federal contractors with 50 or more employees and a single government contract of $50,000 or more are required to maintain a written affirmative action plan, and explains the Consumer Financial Protection Bureau’s recent rule that limits predispute arbitration agreements in certain financial contracts.