Compliance & Standards

Regulatory Alert 1 May 2026 GENIUS Act: FDIC, NCUA, OCC Proposals for Applications, Prudential Frameworks

KPMG reviews proposed GENIUS Act implementing rules from the FDIC, NCUA, and OCC for payment stablecoin issuers and banks, highlighting aligned application and prudential frameworks, the OCC's lead role, extensive requests for comment, and a 12 month safe harbor for pending applicants.

Topics: payments, stablecoins, regulation, policy, risk

More in Compliance & Standards

ADCX Lab - Connecting Banking Systems with Blockchain: Comprehensive Challenges and Solutions — ADCX Lab research report on connecting traditional banking systems with blockchain, examining interoperability challenges and solutions a...
The role of ISO 20022 — Analyzes ISO 20022 as a common financial messaging standard, focusing on how richer, structured data can improve interoperability, compli...
Adeel Mirza - Managing Financial Crime Risks in the Digital Age: Guidelines for FinTechs — Practitioner guide by financial crime specialist Adeel Mirza on managing money laundering, terrorism financing, and proliferation financi...
ISO 20022 Migration Lessons Learned - First White Paper — White paper distilling practical lessons from early ISO 20022 migration efforts, focusing on implementation challenges, governance, and o...