the growing role of nbfis in u.s. financial markets is a transformational trend with implications for monetary policy and financial stability. we curated resources to better understand nbfis as well as how the new york fed engages with them to implement monetary policy.
the comptroller of the currency (occ) receives numerous inquiries and proposals from individuals and groups expressing interest in establishing a cd bank to conduct new business or converting existing operations into a cd bank. the purpose of this memorandum is to outline the criteria the occ uses in granting a cd bank charter, explain the assistance occ may provide to organizers of cd banks, and state the factors the occ considers to be critical to the success of any de novo cd bank.
department of commerce and consumer affairs
search the g-sifi communications.
through our work with financial institutions, ifc helps to expand access to finance, drive sustainable economic growth, and boost financial inclusion in emerging markets
promoting the joint interests of 15 bilateral dfis by informing policy and driving innovation in industry standards.
the finance sector is key to unlocking the system-wide change needed to reach a net-zero global economy. the sbti offers two science-based frameworks tailored to the sector.
what would you like the power to do? at bank of america, our purpose is to help make financial lives better through the power of every connection.
cybersecurity and critical infrastructure protectionthe office of cybersecurity and critical infrastructure protection coordinates the department's efforts to enhance the security and resilience of financial services sector critical infrastructure and reduce operational risk. the office works closely with financial sector companies, industry groups, and government partners to share information about cybersecurity and physical threats and vulnerabilities, encourage the use of baseline protections and best practices, and respond to and recover from significant incidents.cloud executive steering groupthe financial services sector’s adoption of cloud servicesmanaging artificial intelligence-specific cybersecurity risks in the financial services sectorproject fortress brochure and faq – 2025financial services sector roles and responsibilities reportfinancial services sector risk management planfinancial stability oversight councilthe council is charged with identifying risks to the financial stability of the united states; promoting market discipline; and responding to emerging risks to the stability of the united states' financial system. the council consists of 10 voting members and 5 nonvoting members and brings together the expertise of federal financial regulators, state regulators, and an independent insurance expert appointed by the president.financial institutions policythe office of financial institutions policy develops, analyzes, and coordinates the department’s policies on issues affecting financial institutions, including depository institutions, bank holding companies, broker-dealers and securities firms, financial technology (fintech) and payment companies, pension funds and other investment firms, non-bank mortgage and small business lenders, digital asset companies, and other regulated and unregulated financial companies. the office’s principal focus is on regulation, financial infrastructure, and safety and soundness matters, including regulatory capital, resolution, liquidity, stress testing, and deposit insurance; industry competition, structure, and financial condition; and emerging forms of financial services through innovations in technology and business models. the office also focuses on how the financial system impacts individuals and small businesses, including through analyzing legislative, economic, and regulatory conditions. in addition, the office advises the department of treasury on its board responsibilities for the pension benefit guaranty corporation (pbgc) and the securities investor protection corporation (sipc). for more information contact the office of financial institutions policy at ofip@treasury.gov.spotlight on identification challenges for vulnerable communitiesfinancial products and services for native communities: landscape and policy recommendationsartificial intelligence request for information: uses, opportunities, and risks of artificial intelligence in the financial services sector (june 6, 2024)assessing the impact of new entrant non-bank firms on competition in consumer finance markets (november 2022)the current expected credit loss accounting standard and financial institution regulatory capital (september 15, 2020)federal insurance officethe dodd-frank wall street reform and consumer protection act established treasury's federal insurance office (fio) and vested fio with the authority to monitor all aspects of the insurance sector, monitor the extent to which traditionally underserved communities and consumers have access to affordable non-health insurance products, and to represent the united states on prudential aspects of international insurance matters, including at the international association of insurance supervisors. in addition, fio serves as an advisory member of the financial stability oversight council, assists the secretary with administration of the terrorism risk insurance program, and advises the secretary on important national and international insurance matters.federal insurance office (fio)terrorism risk insurance program (trip)community and economic developmentthe office of community and economic development (oced) coordinates and advances community finance, affordable housing and place-based community and economic development policy across treasury. oced consists of:oced policy teamemergency capital investment program (ecip)community development financial institutions fund (cdfi fund)oced’s policy team authors policy papers and analyses; provides policy recommendations and technical assistance to other offices within treasury regarding community and economic development policies and programs; plays a leading role in interagency coordination on community and economic development issues; engages with external stakeholders and financial regulatory agencies; and provides legislative technical assistance to congress, as requested.resources:treasury’s approach to community finance policyanalysis of federal community and economic development investment in communitiessummary of climate-focused community finance convening (may 10, 2023)a framework for climate-focused community financeoffice of consumer policythe office of consumer policy leads the treasury department’s work to advance financial well-being for american consumers and households by promoting financial inclusion and education, consumer protection, and equitable and safe access to credit and asset-building opportunities. the office produces policy analysis on developments in financial services including emerging products and services provided by bank and non-bank institutions, payments, consumer and small business credit, financial technology, and related topics. also, the office of consumer policy coordinates the interagency financial literacy and education commission (flec) on behalf of the treasury secretary, who by statute chairs the commission.click here for more information on the office of consumer policy.the impact of climate change on american household finances reportconsumer solar awarenessfinancial literacy and education commissionmymoney.gov
cdfi program benefitsthe cdfi program uses monetary awards and training opportunities to invest in and build the capacity of cdfis, empowering them to grow, achieve organizational sustainability, and drive community revitalization. in fy 2024, cdfi program awardees:
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support financial institutions providing services to underserved and disadvantaged communities
we provide financial institutions with sector-specific, pragmatic advice on licensing and supervisory regulation.
financial institutions and human rights public and private sector finance has a critical role to play in advancing business respect for human rights. on the one hand, entities with a close connection to the state – such as development finance institutions, government pension funds and export credit agencies, must do their part in fulfilling the […]
the federal reserve banks offer financial services to depository institutions: electronic fund transfers, check collection, and cash and coin distribution.
our financial institutions group (fig) provides corporate finance and investment banking solutions to companies in the financial services sector to address a range of clients' needs, including debt and equity financing, structured finance, risk management and m&a advisory.
bdo provides accounting, tax and advisory services to help financial institutions and specialty finance companies adapt in an evolving market.
research guides: regulation of financial institutions: get started
as the nation
the state corporation commission (scc) has regulatory authority over utilities, insurance, state-chartered financial institutions, securities, retail franchising and railroads.
there is a vast set of u.s. financial institutions that sit outside the banking system that are collectively much larger than u.s. banks, as measured by assets, and perform a broad array of services for the u.s economy.
a national bank is a financial institution chartered and regulated by the office of the comptroller of the currency. national banks typically have the words "national" or "national association" in their titles, or the letters "n.a." or "nt&sa" in their names.
information on the fatca foreign financial institution (ffi) list. link to the ffi list search and download tool.
leverage our global expertise in financial services to support your business goals and objectives, including corporate lending, capital raising and risk management.
fs-isac advances cybersecurity and resilience in the global financial system, protecting financial institutions and the individuals they serve.
measuring emissions associated with financial activities is the starting point for financial institutions to manage risk, identify opportunities asso…
the homepage of the dfc, the u.s. government's development finance institution, advancing u.s. foreign policy and strengthening national security by mobilizing private capital around the world.
information and resources from the washington department of financial institutions.
we work to build an advanced, strongly capitalised and well regulated financial sector, in a way that respects each region's unique needs and specific culture and circumstances. we invest in equity and other capital instruments in banks and other financial services firms, underpinned by bespoke policy interventions with firms, regulators and authorities.
latham & watkins supports financial institutions, advising them on cutting-edge transactions, sensitive regulatory issues, major legislative changes and litigation matters.
corporate bank provides financial institutions, investors and issuers with institutional cash management, trust and agency solutions as well as securities services.
the department of the treasury operates and maintains systems that are critical to the nation's financial infrastructure, such as the production of coin and currency, the disbursement of payments to the american public, revenue collection, and the borrowing of funds necessary to run the federal government. the office of domestic finance, headed by the under secretary, advises and assists the secretary and deputy secretary on the domestic financial system, fiscal policy and operations, governmental assets and liabilities, and related economic and financial matters. debt management changes in debt management policy are generally developed through the quarterly refunding process near the middle of each calendar quarter. cash and debt forecasting these reports include the daily treasury statement, the monthly treasury statement of receipts and outlays of the united states government, and the monthly statement of the public debt. financial report of the u.s. government the financial report of the united states government provides the president, congress, and the american people with a comprehensive view of the federal government's finances. debt limit the debt limit is the total amount of money that the united states government is authorized to borrow to meet its existing legal obligations. financial stability oversight council the council is charged with identifying risks to the financial stability of the united states; promoting market discipline; and responding to emerging risks to the stability of the united states' financial system. federal insurance office the federal insurance offices has the authority to monitor all aspects of the insurance sector, monitor the extent to which traditionally underserved communities and consumers have access to affordable non-health insurance products, and to represent the united states on prudential aspects of international insurance matters, including at the international association of insurance supervisors. restore act the restore act established the gulf coast restoration trust fund in the u.s. treasury department. treasury is responsible for issuing compliance and auditing procedures for the entire act and procedures for two grant programs administered by treasury.
since 2015, pcaf members (i.e. commercial banks, development banks, asset owners/managers, insurance companies, etc.) have been actively collaborating to devel…
learn more about these mission-driven financial institutions and their market-based approach to supporting underserved communities.
community development financial institutions (cdfis) are lenders with a mission to provide financing and support to underserved communities.
• eight international organizations and development finance institutions spanning the globe announced plans to boost financial instruments for sustainable climate and nature-linked sovereign financing.• dfc and idb intend to lead a task force to oversee the new group’s progress.
multilateral development banks, or mdbs, are supranational institutions set up by sovereign states, which are their shareholders.
the federal reserve board of governors in washington dc.
state of tennessee department of financial institutions regulates banks, credit unions, trust companies, business and industrial development corporations, industrial loan and thrift companies, insurance premium finance companies, mortgage lenders, brokers, servicers and originators, title pledge lenders, check cashers, deferred presentment services companies, money transmitters and flexible credit act lenders.
learn about financial institutions. find licensing info, regulations, and consumer resources from the nm financial institutions division.
this overview is meant to help financial institutions understand what initiatives are out there on biodiversity, and who is doing what. updated in december 2024.