News & Press https://www.iib.org/news/default.asp Thu, 9 Jul 2026 09:26:16 GMT Mon, 22 Jun 2026 13:10:00 GMT Copyright © 2026 Institute of International Bankers IIB Recommends Changes to NYDFS Stablecoin Issuers Proposal https://www.iib.org/news/news.asp?id=729772 https://www.iib.org/news/news.asp?id=729772 suggested recommendations to the New York Department of Financial Services' (NYDFS) pre-proposed outreach to align the Department's regulatory regime for authorized payment stablecoin issuers (APSIs) with the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). ]]> Mon, 22 Jun 2026 14:10:00 GMT IIB Recommends Amendments to Basel Capital Proposal https://www.iib.org/news/news.asp?id=729768 https://www.iib.org/news/news.asp?id=729768 comment letter with suggested recommendations on the joint agencies Basel capital proposal. The IIB recommended that the regulators index key regulatory thresholds using nominal GDP to better reflect growth in the U.S. economy as well as make targeted adjustments to risk weights.]]> Thu, 18 Jun 2026 14:02:00 GMT IIB Provides Recommendations to GSIB Surcharge Framework https://www.iib.org/news/news.asp?id=729767 https://www.iib.org/news/news.asp?id=729767 comment letter to amend the calculation of the capital surcharge (G-SIB) framework. Among the IIB’s recommendations to the regulators is the exclusion of inter-affiliate derivatives exposures from certain risk calculations and recognizing risk-mitigating collateral and central clearing arrangements when measuring cross-jurisdictional derivatives exposures.]]> Thu, 18 Jun 2026 14:00:00 GMT IIB Recommends Amendments to FinCEN, Agencies’ AML/CFT Program Requirements https://www.iib.org/news/news.asp?id=729210 https://www.iib.org/news/news.asp?id=729210 comment letter in response to FinCEN, FDIC, NCUA, and the OCC’s proposal on the AML/CFT Program Rule. The IIB recommended that the banking agencies clarify certain aspects of the new framework, including the distinction between establishing and maintaining an effective program. The IIB also recommended an effective date of at least 24 months from the final rule’s issuance to implement the changes in accordance with compliance from supervised financial institutions.]]> Tue, 9 Jun 2026 16:12:00 GMT IIB Urges Equal Treatment for U.S. Operations of Foreign Banks in FDIC GENIUS Act Proposal https://www.iib.org/news/news.asp?id=729034 https://www.iib.org/news/news.asp?id=729034 letter to the FDIC on the agency’s proposal to implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The letter advocates for the FDIC to preserve the principles of national treatment and equality of competitive opportunity for the U.S. operations of foreign banks in its rulemaking of the GENIUS Act. The letter recommends that the FDIC adopt the broader definition of insured depository institution to include the uninsured U.S. branches of foreign banks, which would allow these branches to hold reserves as demand deposits for PPSIs to meet their reserve requirements and as part of their operational backstop, thereby diversifying the number of eligible U.S.-regulated providers that can provide deposit services to PPSIs.]]> Tue, 9 Jun 2026 15:46:00 GMT IIB Submits Comment Letter on FinCEN Proposed Rule Implementing AML/CFT & Sanctions Compliance Req.. https://www.iib.org/news/news.asp?id=729032 https://www.iib.org/news/news.asp?id=729032 comment letter on FinCEN and OFAC’s jointly proposed rule regarding the AML/CFT sanctions compliance programs for permitted stablecoin issuers under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The letter recommends that FinCEN ensure equal treatment for U.S. operations of FBOs and other internationally headquartered financial institutions by clarifying edits to the definitions of “insured depository institution” and “federal qualified payment stablecoin issuer” for consistency across the GENIUS Act regulatory framework. The letter also advocates for consistency with FinCEN’s Program rule NPR on AML/CFT Program requirements, which the IIB responded to in a separate comment letter filed on June 9, 2026.]]> Tue, 9 Jun 2026 15:38:00 GMT IIB Recommends Targeted Reforms to Tailoring Framework https://www.iib.org/news/news.asp?id=728723 https://www.iib.org/news/news.asp?id=728723 On June 5, 2026, the IIB submitted a comment letter to the Federal Reserve Board of Governors, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation on targeted reforms to the tailoring framework. The IIB recommended the Agencies implement a onetime upward adjustment of the thresholds for each risk-based indicator, the minimum total asset threshold for Category II, III and IV applicability, along with the threshold for the formation of an intermediate holding company.]]> Fri, 5 Jun 2026 20:15:00 GMT IIB Submits Comment Letter on Treasury’s NPR to Implement GENIUS Act https://www.iib.org/news/news.asp?id=728487 https://www.iib.org/news/news.asp?id=728487 On June 2, 2026, the Institute of International Bankers (IIB) submitted a comment letter to the U. S. Department of the Treasury regarding its proposed rule establishing principles for determining whether a State-level regulatory regime is substantially similar to the Federal regulatory framework under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The letter recommends that Treasury consider as one of the principles whether state requirements applicable to FPSIs impermissibly conflict with the federal framework established by the Act to govern the activities of FPSIs in the United States. It also recommends that Treasury ensure that the longstanding principles of national treatment and equality of competitive opportunity are reflected in any State-level regulatory regime affecting the U.S. operations of foreign banks, particularly with respect to the issuances of stablecoins, the provision of reserve and custody services, and bank capital requirements.]]> Tue, 2 Jun 2026 05:00:00 GMT IIB Comment Ltr on OCC’s Interim Final Rule on Non-Interest Charges and Illinois Interchange Fee... https://www.iib.org/news/news.asp?id=728269 https://www.iib.org/news/news.asp?id=728269 On May 29, 2026, the Institute of International Bankers (IIB) submitted a comment letter in response to the Office of the Comptroller of the Currency’s (OCC) Interim Final Rule on National Bank-Non Interest Charges and Fees and the Interim Final Order Preempting the Illinois Interchange Fee Prohibition. The letter stipulates that the Illinois Interchange Fee Prohibition Act (IFPA) creates significant operational and systems risk. The IIB appreciates the OCC’s prompt action to preserve regulatory clarity and protect the integrity of the national banking system.]]> Fri, 29 May 2026 19:18:00 GMT IIB Urges SEC to Adopt Targeted Exemption for Certain Non-U.S. Transactions https://www.iib.org/news/news.asp?id=728374 https://www.iib.org/news/news.asp?id=728374 On May 29, 2026, the IIB submitted a comment letter in support of targeted exemptive relief from certain Treasury clearing requirements for qualifying non-U.S. transactions, in response to the Securities and Exchange Commission’s (SEC) reopening of the comment period for exemptive relief. The IIB’s letter states that the Requested Exemption is necessary and appropriate in the public interest because it would help promote liquidity in the U.S. Treasury securities market by preserving foreign investor participation.]]> Fri, 29 May 2026 05:00:00 GMT IIB Submits Comment Letter on OCC Proposed Rule to Implement GENIUS Act https://www.iib.org/news/news.asp?id=726524 https://www.iib.org/news/news.asp?id=726524 comment letter in response to the Office of the Comptroller of the Currency’s (OCC) proposed rule to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).]]> Fri, 1 May 2026 05:00:00 GMT IIB, Financial Trade Associations Submit Comment Letter on Regulation S-K, Cybersecurity Disclosure https://www.iib.org/news/news.asp?id=725281 https://www.iib.org/news/news.asp?id=725281 comment letter in response to SEC Chair Atkins’s request for public input on reforming Regulation S-K and the related cybersecurity incident disclosure mandate on Form 8-K.]]> Fri, 10 Apr 2026 05:00:00 GMT IIB Supports Targeted Exemption from Certain Treasury Clearing Requirements in Latest Comment Letter https://www.iib.org/news/news.asp?id=725387 https://www.iib.org/news/news.asp?id=725387 comment letter in response to the SEC's request for comment regarding the 'Notice of Request for Exemptive Relief.']]> Fri, 10 Apr 2026 05:00:00 GMT IIB Requests Exemptive Relief from Treasury Clearing for Non-U.S. Transactions https://www.iib.org/news/news.asp?id=728908 https://www.iib.org/news/news.asp?id=728908 On February 27, 2026, the IIB submitted a comment letter to request exemption from Non-U.S. Transactions from the SEC’s Trade Submission Requirement. Applying the rules extraterritorially would have negative consequences to foreign financial institutions’ non-U.S. counterparties.]]> Fri, 27 Feb 2026 14:38:00 GMT IIB Recommends Enhancements to Federal Reserve Proposal on Supervisory Stress Test Transparency and https://www.iib.org/news/news.asp?id=721210 https://www.iib.org/news/news.asp?id=721210 On February 20, the IIB submitted a comment letter to the Board of Governors of the Federal Reserve System on modifications to the models and applicability of add-on components to the supervisory stress tests. The IIB recommended changes such as incorporating the transfer pricing agreements and allowing deferred tax assets from timing throughout the stress horizon, to improve the stress test transparency.]]> Fri, 20 Feb 2026 05:00:00 GMT IIB Advocates for Modernization of FFIEC 002 Call Report https://www.iib.org/news/news.asp?id=719872 https://www.iib.org/news/news.asp?id=719872 comment letter to the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) on the FFIEC 002 Call Report. The IIB urged the agencies to streamline the call report in an effort to reduce burdens.]]> Fri, 30 Jan 2026 05:00:00 GMT IIB, Joint Financial Trade Associations, Submit Comment Letter on 2026 Federal Reserve Proposed Supe https://www.iib.org/news/news.asp?id=716032 https://www.iib.org/news/news.asp?id=716032 comment letter in response to the Federal Reserve’s 2026 proposed supervisory stress test scenarios.]]> Mon, 1 Dec 2025 05:00:00 GMT IIB, Financial Trade Associations Request Additional Compliance Extensions for Regulation S-P https://www.iib.org/news/news.asp?id=715977 https://www.iib.org/news/news.asp?id=715977 comment letter asserts that the extension would ensure firms can fully operationalize the Regulation S-P amendments to aligh with the SEC’s expectations.]]> Wed, 19 Nov 2025 05:00:00 GMT IIB, Financial Trade Associations Request No-Action Letter to CFTC on ‘U.S.’ Person Definition https://www.iib.org/news/news.asp?id=718420 https://www.iib.org/news/news.asp?id=718420 requested a no-action letter to establish cross-border applications of CFTC Regulations concerning “U.S. persons.”]]> Thu, 13 Nov 2025 18:41:00 GMT IIB Submits Comment Letter on GENIUS Act Implementation https://www.iib.org/news/news.asp?id=713979 https://www.iib.org/news/news.asp?id=713979 comment letter to the Department of Treasury’s advance notice of proposed rulemaking on the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The letter provided recommendations for Treasury to establish a transparent, risk- and outcomes-based framework for comparability determinations under Section 18 of the GENIUS Act.]]> Tue, 4 Nov 2025 05:00:00 GMT IIB Submits Comment Letter on EGRPRA https://www.iib.org/news/news.asp?id=713240 https://www.iib.org/news/news.asp?id=713240 comment letter to the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) on the joint agencies request for comment on outdated, unnecessary or unduly burdensome bank regulatory requirements under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The letter provided recommendations to the U.S. capital framework, such that operational risk requirements should not apply to Category II and IV banking organizations or should otherwise be tailored to according to relevant attributes of a banking organization, such as size and activity risk.]]> Thu, 23 Oct 2025 05:00:00 GMT IIB Submits Letter on FFIEC Form 009, 009a https://www.iib.org/news/news.asp?id=711031 https://www.iib.org/news/news.asp?id=711031 comment letter to the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) on the Federal Financial Institutions Examination Council (FFIEC) Form 009 and FFIEC 009a. In its letter, the IIB pointed out the various ways in which the 009 Report fails to capture true foreign exposure and drives inaccurate regulatory outcomes when its data is ported to the FR Y-15. The letter recommended several revisions to be made to the FFIEC 009, such as taking collateral into account in securities financing transactions, or modifying the FR Y-15 to either not incorporate, or modify before incorporating, the flaws and inflated metrics from the FFIEC 009 into the categorization framework.]]> Mon, 22 Sep 2025 05:00:00 GMT IIB Submits letter on Resolution Planning Requirements Under 165(d) https://www.iib.org/news/news.asp?id=710813 https://www.iib.org/news/news.asp?id=710813 On September 11, the IIB submitted a letter to the Federal Reserve Board of Governors and the Federal Deposit Insurance Corporation on the resolution planning requirements and expectations applicable to international banks on the U.S. under the 165(d) resolution planning rule. The IIB urged the two agencies to undertake a holistic review of resolution planning requirements and expectations, emphasizing that the U.S. operations of international banks operate as part of larger global institutions already subject to robust home-country resolution-related requirements. ]]> Thu, 11 Sep 2025 05:00:00 GMT IIB Submits Response to CARB Request for Additional Feedback on SB 253/261/219 https://www.iib.org/news/news.asp?id=712649 https://www.iib.org/news/news.asp?id=712649 On September 11, the IIB submitted a letter in response to the request of the California Air Resources Board (CARB) for additional feedback on SB 253/261/219 made at its Public Workshop on August 21, 2025. The IIB reiterated that U.S. branches, agencies and representative offices of internationally headquartered financial institutions are not separate legal entities, but local extensions of the non-U.S. parent and thus should not be in scope as either a “reporting entity” under the Corporate Greenhouse Gas Reporting Program or a “covered entity” under the Climate-Related Financial Risk Disclosure Program (SB 261).]]> Thu, 11 Sep 2025 05:00:00 GMT IIB Urges SEC to Exempt IHFIs from Foreign Private Issuer Definition https://www.iib.org/news/news.asp?id=709970 https://www.iib.org/news/news.asp?id=709970 comment letter to the Securities Exchange Commission (SEC) to exempt international headquartered financial institutions (IHFIs) from amendments to the foreign private issuer (FPI). IHFIs appreciate the importance of providing adequate information to U.S. investors to increase transparency, but if the SEC were to enact changes to the FPI definition, the IIB urges the Commission to exempt IHFIs as a sub-set of the FPI population.
 
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