Financial Institutions Section

At the very center of the current economic crisis are the nation’s financial institutions. Bank reforms and securities fraud are only a few of the subjects requiring CPA leadership and expertise. Members of OSCPA’s Financial Institutions Section get weekly news, information, insights and trends on U.S. banks, brokerage firms, insurance companies, mutual funds and other financial services firms. Invest in yourself by joining OSCPA’s Financial Institutions Section today.

Financial Institutions section news

Community banks hoping to get off the Basel III hook

Oct 25, 2012

The Independent Community Bankers of America (ICBA) is asking federal financial regulators to exempt community banks from proposed Basel III regulatory capital standards. In a comment letter to the agencies, ICBA wrote that it strongly believes that the Basel III standards should not apply to U.S. financial institutions with consolidated assets of $50 billion or less and that are not deemed to be systemically important financial institutions.
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SEC adopts standards for risk management and operations of clearing agencies

Oct 25, 2012

The SEC has adopted a rule that establishes standards for how registered clearing agencies should manage their risks and run their operations.
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Ohio banks have strong showing on stress test

Oct 18, 2012

A majority of Ohio’s banks appear to be in a good position to weather another economic downturn, a new study says.
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Banks’ blood pressure going up over looming tests

Oct 10, 2012

The latest round of stress tests for U.S. banks is on the horizon, and banks are rankled by the Federal Reserve’s failure to disclose how it will calculate the results.
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Some foreclosed Ohioans will get payments

Oct 10, 2012

More than 64,000 Ohioans are getting letters saying they may be eligible for payments of at least $840 from a national mortgage foreclosure settlement.
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What will Basel III do to you?

Oct 09, 2012

The federal banking agencies have released a calculator intended to help banks — particularly community banks — better understand the impact of the proposed new Basel III capital rules.
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SECTION DETAILS

DATES	Annual membership runs May 1, 2012 – April 30, 2013
FEES	Member: $35 Non-member: Not available

BENEFITS	Financial Institutions section listserv Legislative update Listserv disclaimer and policy
CPE DISCOUNTS	Section members can register for select webinars for just $20 – saving $20 off each webinar.

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Financial Institutions Special Interest Section

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