Board Actions

Actions taken during the week ending August 7, 2021

Supervision and Regulation

Stress tests -- (1) affirming the stress capital buffer requirement for HSBC North America Holdings, Inc., in response to its request for reconsideration and (2) directing staff to conduct a closer examination of issues raised in the reconsideration process to inform continuing improvements in the stress testing methodology.
-Approved, August 5, 2021

Enforcement

Commercial Bank, Harrogate, Tennessee -- consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act.
-Announced, August 3, 2021

JPMorgan Chase & Co., New York, New York -- cease-and-desist order dated May 20, 2015, terminated August 3, 2021.
-Announced, August 5, 2021

Regions Bank, Birmingham, Alabama -- consent order of prohibition against Kristyn Kelly, a former institution-affiliated party.
-Announced, August 3, 2021