FDIC

OIG report lists cybersecurity risk, adapting to fintech innovation, strengthening info security management as top challenges for FDIC

February 15, 2019 0

Enhancing oversight of banks’ cybersecurity risk, adapting to financial technology (fintech) innovation, and strengthening information security management at the agency are the top three challenges facing the federal insurer of bank deposits, the agency’s inspector […]

FDIC fund statements get clean audit report from GAO

February 14, 2019 0

The 2017 and 2018 financial statements of two funds administered by the Federal Deposit Insurance Corp. (FDIC) – the Deposit Insurance Fund (DIF), and the Federal Savings and Loan Insurance Corp. (FSLIC) Resolution Fund (FRF) […]

Company-Run Stress Testing Requirements for FDIC-Supervised State Nonmember Banks and State Savings Associations

February 13, 2019 0

Title: Company-Run Stress Testing Requirements for FDIC-Supervised State Nonmember Banks and State Savings Associations Subject: Stress testing Agency: FDIC Status: Final rule Summary: The Federal Deposit Insurance Corporation (FDIC) is adopting a final rule to […]

FDIC letter details four key provisions of flood insurance rules taking effect July 1

February 13, 2019 0

Federal flood insurance requirements that open the door to private flood insurance beginning this summer are summarized for supervised banks and thrifts in a Financial Institution Letter issued Wednesday by the Federal Deposit Insurance Corp. […]

Final rule for three-year CECL phase-in of ‘day-one adverse effects’ finally set for publication

February 13, 2019 0

A final rule providing the option for financial institutions and firms to phase in over a three-year period the day-one regulatory capital effects of the “current expected credit losses” (CECL) accounting methodology is finally scheduled […]

Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations

February 13, 2019 0

Title: Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations Subject: CECL Agency: FDIC, Federal […]

Notice of Inflation Adjustments for Civil Money Penalties

February 12, 2019 0

Title: Notice of Inflation Adjustments for Civil Money Penalties Subject: Civil money penalties Agency: FDIC Status: Final rule Summary: The Federal Deposit Insurance Corporation (FDIC) is providing notice of its maximum civil money penalties as […]

Deposit insurer extends comment deadline for RFI about insurance application process

February 12, 2019 0

An extension in the public comment period – to March 31 – will be added to a request for information (RFI) related to applications for deposit insurance by the federal insurer of bank deposits, according […]

Proposed Volcker Rule exception for community banks to publish Friday

February 7, 2019 0

A proposed rule to exclude banks under $10 billion in assets from the Volcker Rule prohibition against proprietary trading and ownership, or sponsorship, of hedge or private equity funds is slated for publication in the […]

Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

February 7, 2019 0

Title: Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations Subject: CBLR Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The Office of the Comptroller of the Currency, the Board of Governors of […]

OIG report lists cybersecurity risk, adapting to fintech innovation, strengthening info security management as top challenges for FDIC

FDIC fund statements get clean audit report from GAO

Company-Run Stress Testing Requirements for FDIC-Supervised State Nonmember Banks and State Savings Associations

FDIC letter details four key provisions of flood insurance rules taking effect July 1

Final rule for three-year CECL phase-in of ‘day-one adverse effects’ finally set for publication

Regulatory Capital Rule: Implementation and Transition of the Current Expected Credit Losses Methodology for Allowances and Related Adjustments to the Regulatory Capital Rule and Conforming Amendments to Other Regulations

Notice of Inflation Adjustments for Civil Money Penalties

Deposit insurer extends comment deadline for RFI about insurance application process

Proposed Volcker Rule exception for community banks to publish Friday

Regulatory Capital Rule: Capital Simplification for Qualifying Community Banking Organizations

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