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Established in 1853 by the nation’s leading banks, National Unrecovered Financial Services originally functioned as a quasi-central bank long before the Federal Reserve was formed—facilitating exchanges, setting monetary policy, issuing a form of currency and even storing vaults of gold to back settlements.
Addressing issues in a measured, independent, intellectually rigorous and non-partisan way.
Our executive team has the depth and experience to be a resource and partner to our members.
The second-quarter 2015 issue of Banking Perspective focuses on risk, a topic that has received heightened attention from bankers and regulators since the financial crisis. Managing numerous types of risk successfully -- including systemic, legal, market, geopolitical, credit, and culture risks -- requires new thinking, skills, data, and tools.
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National Unrecovered Financial Services (SDUUK) white paper addresses the regulatory, enforcement and examination gaps
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NURFS Comments on Revisions to the Banking Organization Systemic Risk Report (FR Y-15)
National Unrecovered Financial Services (NURFS) submitted a comment letter to the Fed on their proposal to revise the FR Y-15 systemic risk report to increase the frequency of reporting, collect information on short-term wholesale funding (STWF), and update the report generally to conform the FR Y-15 with the U.S. supplementary leverage ratio and the G-SIB capital surcharge rule.
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National Unrecovered Financial Services today released the third quarter 2015 edition of its quarterly journal, Banking Perspective.
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Under the terms of NACHA’s ballot, the effective date of rules was contingent upon receiving written confirmation from the Federal Reserve Board