Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Two veterans of the federal insurer of bank deposits have top staff positions by the agency’s chairman, according to a release issued Tuesday. Arleas Upton Kea will serve as the deputy to the chairman and […]
The period for comment about proposed changes to the “Volcker Rule” has been extended by one month to Oct. 17, the federal banking regulators (and securities and commodity supervisors) said Tuesday. In a release, the […]
More than 500 banks and other financial institutions will be examined for compliance with rules implementing the Community Reinvestment Act (CRA) in the fourth quarter of this year, and the first of next, the Federal […]
Eight removal and prohibition orders were among the 15 enforcement actions the federal bank deposit insurer took in July, the agency said Friday; three “section 19” orders, restoring the ability of individuals to engage in […]
Deadlines for the next filing of resolution plans – “living wills” – for four foreign banks and one “designated nonbank” have been extended by one year, the Federal Reserve and Federal Deposit Insurance Corp. (FDIC) […]
The Federal Deposit Insurance Corp. (FDIC) on Thursday released its second-quarter state profiles. The profiles are formatted as a quarterly data sheet summation of economic and banking conditions for all 50 states, Puerto Rico and […]
Liquid and readily-marketable, investment grade municipal obligations would be treated as high-quality liquid assets (HQLAs) under liquidity coverage ratios, according to an interim final rule that becomes effective on publication Friday. In filings with the […]
The Federal Deposit Insurance Corp. (FDIC) is accepting comments until Sept. 13 on a renewal of an existing information collection – Minimum requirements for appraisal management companies – involving recordkeeping and reporting requirements affecting participating […]
Interim final rules that are expected to qualify another 420 banks and savings associations for an extended, 18-month exam cycle take effect Wednesday, according to notices published jointly by federal banking agencies. The rules, published in the […]
An extended, 18-month examination cycle will apply to more banks under joint interim final rules issued Thursday by federal banking regulators and set to take effect upon publication in the Federal Register. The rules implement […]
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