FDIC

Recordkeeping to support timely deposit insurance determinations would be less burdensome under proposal, FDIC says

April 12, 2019 0

A proposal aimed at clarifying and easing the burden associated with a rule affecting large federally insured depository institutions’ (IDIs) responsibilities for helping facilitate timely deposit insurance determinations by regulators is out for comment until […]

Capital, liquidity rules for FBOs subjects for FDIC board meeting April 16

April 10, 2019 0

Proposed rules about capital and liquidity requirements for subsidiaries of foreign banking organizations (FBOs) will be among the items under consideration by the board of the federal insurer of bank deposits when it meets next […]

Regulators across international spectrum will gather for ‘cross-border resolution’ planning for GSIBs

April 9, 2019 0

Understanding the resolution regimes for global systemically important banks (GSIBs) of U.S., U.K. and European regulators, and strengthening their coordination, is the focus of an April 13 meeting and exercises announced Tuesday by the regulators. […]

FDIC: 4 banks ‘outstanding,’ 1 ‘needs to improve’ among 72 rated for CRA in January

April 5, 2019 0

Of 72 banks rated for Community Reinvestment Act (CRA) performance in January, four were rated “outstanding,” one was rated “needs to improve,” and the rest – 93% of those rated – were deemed “satisfactory,” according […]

Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations

April 5, 2019 0

Title: Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations Subject: Capital Agency: FDIC, Federal […]

UPDATED: FFIEC cybersecurity assessment tool up for renewal; comments invited

April 4, 2019 0

Federal bank and credit union regulators are inviting comments until June 4 on renewal of the FFIEC Cybersecurity Assessment Tool created to assist financial institutions in assessing their inherent cyber risks and risk management capabilities, […]

5 bank receiverships terminated by FDIC

April 4, 2019 0

The federal bank deposit insurer terminated its receiverships of five banks April 1, all of them several months – in one case, more than a year – after its initial notices that it planned to […]

Agencies issue updated FAQs on CECL to combine, replace earlier versions issued two, three years ago

April 3, 2019 0

Updated “frequently asked questions” (FAQs) about the new accounting standard on credit losses hit the street Wednesday, combining new questions and answers with those issued two and three years ago and replacing others. The Federal […]

Joint Ownership Deposit Accounts

April 3, 2019 0

Title: Joint Ownership Deposit Accounts Subject: Deposit insurance Agency: FDIC Status: Final rule Summary: The FDIC is amending its deposit insurance regulations to update one of the requirements that must be satisfied for an account […]

Contracts with tech service providers often lack ‘sufficient detail,’ agency warns

April 2, 2019 0

Some financial institution contracts with technology service providers lack sufficient detail regarding the contract parties’ respective rights and responsibilities for business continuity and incident response, the federal insurer of bank deposits said Tuesday in a […]

Recordkeeping to support timely deposit insurance determinations would be less burdensome under proposal, FDIC says

Capital, liquidity rules for FBOs subjects for FDIC board meeting April 16

Regulators across international spectrum will gather for ‘cross-border resolution’ planning for GSIBs

FDIC: 4 banks ‘outstanding,’ 1 ‘needs to improve’ among 72 rated for CRA in January

Regulatory Capital Treatment for Investments in Certain Unsecured Debt Instruments of Global Systemically Important U.S. Bank Holding Companies, Certain Intermediate Holding Companies, and Global Systemically Important Foreign Banking Organizations

UPDATED: FFIEC cybersecurity assessment tool up for renewal; comments invited

5 bank receiverships terminated by FDIC

Agencies issue updated FAQs on CECL to combine, replace earlier versions issued two, three years ago

Joint Ownership Deposit Accounts

Contracts with tech service providers often lack ‘sufficient detail,’ agency warns

Bureau finalizes rule extending supervision over digital payment wallet apps

Number of credit unions with low exam ratings rose in third quarter; strain on balance sheets, consumers, noted

CFPB publishes adjustments to thresholds under TILA, FCRA

Ex-CEO of failed Kansas bank prohibited from financial institutions after cryptocurrency scheme

Final rule provides ‘sharper scalpel’ of penalty, enforcement to foreign investment rules

More days allowed for commenting on deposit insurance recordkeeping for custodial accounts