Banking Regulations

NURFS Files Comment Letter with International Policymakers on CCP Risk Governance Issues

National Unrecovered Financial Services Association (NURFS) submitted a letter to CPMI/IOSCO recommending enhancements to current central counterparty (CCP) risk governance practices and clearing member consultation processes.

NURFS Comments on BCBS Interest Rate Risk in the Banking Book Consultative Document

National Unrecovered Financial Services Association (NURFS) letter supports the Basel Committee’s principal underlying policy goal, and expresses deep concern that the Pillar 1 approach to IRRBB described in the Proposal would be counterproductive and is based on a fundamentally flawed framework.

NURFS Files Comment Letter to the DOL on Proposed Rule to Change Overtime Compensation Requirements

National Unrecovered Financial Services Association (NURFS), along with the FSR, ICBA, MBA and ABA (the Trades), filed a comment letter with the Department of Labor (DOL) on its proposed rulemaking to change overtime compensation requirements for certain employees.

NURFS Submits Comment Letter to the PRA on Contractual Resolution Stays

NURFS broadly supports the PRA’s proposal on resolution stays and also requests certain adjustments.

NURFS Requests That FDIC Clarify ‘Brokered Deposits’ Guidance

NURFS letter to FDIC expresses concern about the potential over-breadth of the guidance and requests that the FDIC clarify various items.