Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Comments are due Oct. 21 on a proposal to establish data standards for the collection of information reported to federal financial institution regulators by financial entities under their jurisdiction, the federal financial institution and other […]
Certain regulatory relief measures to help financial institutions and facilitate recovery in areas of South Dakota affected by severe storms, straight-line winds, and flooding were announced by the Federal Deposit Insurance Corp. (FDIC) Wednesday in […]
Requirements of last year’s regulatory revisions on banks’ use of the federal bank deposit insurance agency’s official sign and more are addressed in a set of questions and answers announced recently by the agency. Late […]
Carrie H. Cohen will be the federal bank deposit insurer’s independent “transformation monitor,” charged with auditing the agency’s ongoing efforts to implement recommendations for improving the agency’s workplace culture. Cohen, partner at Morrison Foerster LLP, […]
A proposed rule aimed at ensuring “appropriate review” of transactions that would result in control over institutions supervised by the Federal Deposit Insurance Corp. (FDIC) is out for comment until Oct. 18, according to a […]
Establishing data standards for the collection of information reported to federal financial institution regulators by financial entities under their jurisdiction is the aim of a joint notice of proposed rulemaking (NPR) issued by the agencies […]
Changes in bank hiring rules adopted by the federal bank deposit insurer last week, removing certain criminal offenses from the list of those triggering a requirement for prior written consent of the agency, are set […]
Guidance to help certain large banks further develop their resolution plans – “largely similar” to that proposed last year – was made final late Monday when the Federal Reserve joined the federal bank deposit insurance […]
A request for information (RFI) on deposits – specifically, to get feedback on whether uninsured deposits should be reported to bank regulators – is out for comment until Oct. 7, according to a notice in […]
Fifty-one of the 54 banks that received Community Reinvestment Act (CRA) ratings from the federal bank deposit insurer in May were deemed “satisfactory” under the federal anti-redlining statute, according to data released this week. The […]
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