The Federal Reserve releases a regulatory handbook for large banks to enhance regulatory transparency.

Mars Finance reported on December 18th, citing Bloomberg, that the Federal Reserve released a staff handbook for supervising large banks, a move by the agency to enhance transparency as it reshapes the banking regulatory system. Michelle Bowman, Vice Chair for Supervision at the Federal Reserve, stated in a statement on Thursday, "By increasing regulatory transparency, we are holding ourselves to higher standards and ensuring that we fulfill our regulatory responsibilities in an appropriate and fair manner."