TITLE

WASHINGTON WATCH

AUTHOR(S)
Roberts, Ed
PUB. DATE
January 2011
SOURCE
Credit Union Journal;1/17/2011, Vol. 15 Issue 3, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the issues regarding regulations on debt restructuring and two-tiered interchange system for debit transactions of banks and credit unions in the U.S. It states that the Financial Accounting Standards Board (FASB) has second thoughts on a proposed rule for troubled debt structuring with the notion that it has impact on small banks and credit unions. It mentions the development of a two-tiered debit card interchange system for price controls under Dodd-Frank Act.
ACCESSION #
57540061

 

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