Early fall break for Reg Report; see you Sept. 25

The Regulatory Report is taking an early fall break for this week only; we will resume publication on Monday, Sept. 25.

Joint guidance offers approach for managing third-party relationship risks at community banks

May 3, 2024 0

Managing risks presented to community banks by third-party relationships – especially about development and implementation of management practices — is the aim of a guide issued jointly Friday by the federal banking agencies. The guide — “Third-Party Risk Management – [...]
FDIC names new directors in New York, Kansas City regions; selects veteran to key role in RMS division

May 2, 2024 0

Two new regional directors, and a new top manager in the risk management division, were named Thursday by the federal insurer of bank deposits. John F. Vogel was named director for the New York region and Jessica A. Kaemingk director [...]
Exam council’s state panel re-elects chairman, names (not) new member

May 2, 2024 0

The panel of state regulators that advises the umbrella group for federal financial institution regulators has named its chairman for the next year and added a new member, the panel said Thursday. The State Liaison Committee (SLC) of the Federal [...]
OCC finds one bank ‘outstanding,’ another ‘needs to improve’ under CRA

May 2, 2024 0

Of the handful of banks – 13 – that received their evaluation ratings under federal anti-redlining rules in April, all were found to be “satisfactory” except two, according to results released Thursday by the national bank regulator. The Office of [...]