Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The overall information security program at the Federal Deposit Insurance Corp. (FDIC) was deemed to be operating at a “maturity level” 4 (out of a possible 5) in an audit report released recently by the […]
Payment stablecoins and their arrangements should be subject to a federal framework on a consistent and comprehensive basis through an act of Congress – including by requiring that stablecoins may only be issued by federally […]
The Federal Deposit Insurance Corp. (FDIC) Minority Depository Institutions (MDI) Subcommittee to the Advisory Committee on Community Banking will hold a virtual open meeting Tuesday, the agency said in an announcement Friday. The agenda for […]
Of the six enforcement orders made public by the federal insurer of banks deposits in September, one of them involved a $24,000 civil money penalty assessed over findings of violations of the Flood Disaster Protection […]
An update on the agency’s technological innovation activities is among the agenda items slated for the Nov. 3 virtual open meeting of the Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking, according to […]
Title: Real Estate Lending Standards Subject: LTV limits, CBLR Agency: FDIC Status: Final rule Summary: The FDIC is issuing a final rule to amend Interagency Guidelines for Real Estate Lending Policies (Real Estate Lending Standards). […]
A series of policy statements on crypto assets activities by banks is forthcoming from federal banking regulators, the leader of the federal bank deposit insurance fund indicated Monday, as the agencies coordinate policies on how […]
Institutions supervised by the federal insurer of bank deposits will be able to use the same method to calculate the ratio of loans in excess of the supervisory loan-to-value (LTV) limits regardless of their community […]
Three teams made up of five tech firms have been selected to compete in a “sprint” designed to explore new technologies and techniques to help banks evaluate how well they can withstand a major disruption […]
A joint regulators’ statement that suggested actions banks and nonbanks alike should consider taking to ensure safe-and-sound practices during the transition away from the LIBOR reference rate was joined Thursday by the federal consumer financial […]
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