The asset management booklet of the Comptroller’s Handbook, a compendium of guidance for federal bank examiners, has been updated to clarify the agency’s expectations regarding fiduciary audit requirements, according to a bulletin Thursday. The updated […]
Two workshops on credit and operational risk will be held Aug. 1 and 2 in Charlottesville, Va., for national community bank and federal savings association directors, senior management, and other executives, the national bank regulator […]
The asset threshold would be raised to $2 million for exempting credit unions from paying annual operating fees to their federal regulator under a proposal issued by the agency board Wednesday. Released with the unanimous […]
A rule proposed in early June that recognizes the increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property is out for comment until Aug. 21, according […]
The rural southern U.S. “faces distinct challenges when it comes to fair access to banking,” the director of the federal consumer financial protection agency said Wednesday, especially as the region includes many areas of “banking […]
Having in place appropriate rules and supervisory practices for banks of the size that failed in March and early May, and the resulting stress for other banks, highlight the importance of appropriate rules and supervision, […]
“A rapidly growing financial threat to military families” is how digital payment apps are being characterized by the federal consumer financial protection agency in a report released Tuesday. However, the same report also offers recommendations […]
Testimony from the president’s nominees for Federal Reserve Board terms and public discussion of the National Credit Union Administration’s operating fee schedule methodology are slated over the next two days. On Wednesday, the Senate Banking […]
Credit unions are being warned to take action against a vulnerability in a popular file transfer application among financial institutions known as “MOVEit,” their federal regulator said Friday. According to the National Credit Union Administration […]
Demands to cease and desist from making false and misleading statements about federal deposit insurance was issued in letters to three firms Thursday by the Federal Deposit Insurance Corp. (FDIC). The FDIC letters to Bodega […]
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