FDIC

Banking agencies extend comment period by one month for counterparty credit risk measuring proposal

February 15, 2019 0

The comment period was extended Friday by one month for a proposed rule to update the standards for regulators about how financial firms measure counterparty credit risk posed by derivative contracts. The extension means comments […]

FDIC

UPDATED: Agency schedules briefing to release 4th quarter/year-end 2018 banking results

February 15, 2019 0

Fourth-quarter and year-end financial results for the banking industry will be announced at a press briefing Thursday by the chairman of the board of the federal insurer of bank deposits. Federal Deposit Insurance Corp. (FDIC) […]

More de novo banks, less reg burden for smaller banks, and start-up of ‘Office of Innovation’ are top issues for bank insurer in 2019

February 15, 2019 0

Formation of more de novo banks, reduced regulatory burden for community banks, and establishment of an “Office of Innovation” are all priorities for 2019 of the chairman of the federal insurer of bank deposits, the […]

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 […]

Banking agencies extend comment period by one month for counterparty credit risk measuring proposal

UPDATED: Agency schedules briefing to release 4th quarter/year-end 2018 banking results

More de novo banks, less reg burden for smaller banks, and start-up of ‘Office of Innovation’ are top issues for bank insurer in 2019

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

OCC restores previous merger act rules; comments due in 30 days

Regulator opens door to banks buying, selling crypto assets held in custody – the latest in rolling back crypto hurdles

‘Buy now, pay later’ rule not a priority for enforcement, CFPB says; rescission to be considered

OCC’s RFI asks about obstacles to community banks going digital

FDIC ratings under CRA show 3 banks ‘outstanding’ and 2 ‘needs to improve’

Enforcement of ECOA small-business loan data collection deprioritized at CFPB

Nearly half of 25 banks evaluated in April by OCC earn ‘outstanding’ CRA ratings

Texas commissioner re-elected as chair of state liaison committee to Exam Council