Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The fourth notice in a process of regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) was issued by federal banking regulators with a 90-day comment period attached. The aim of the […]
Following through on an announcement made last spring, a proposal to revert anti-redlining rules to those that existed after 1995 – and rescinding new rules adopted two years ago – were proposed by the federal […]
Unanimous votes approving sweeping proposals were taken by three members of the federal deposit agency board – all who were in “acting” capacities – at their meeting Tuesday, the agency reported. The usual five-member Federal […]
New instructional revisions in detailing loan modifications in call reports are being sought by federal banking agencies, the agencies said late Friday in releasing other final regulatory reporting changes for bank call reports. The three […]
Regulatory relief and favorable Community Reinvestment Act (CRA) consideration are among the steps the federal bank deposit insurer is activating to help those affected by severe storms, straight-line winds and floods affecting areas in Texas […]
Proposed changes to guidelines for appeals of material supervisory determinations (MSDs), and alterations to mandated audits for banks with $500 million or more in assets, are among the actions on the discussion agenda for the […]
The two most common violations of consumer compliance supervision in 2024 were those related to truth-in-lending and mandatory flood insurance – pretty much the same results reported in 2023 — according to an annual report […]
Seventy-one banks whose performance ratings under the anti-redlining Community Reinvestment Act (CRA) were announced Thursday were all rated either “outstanding” or “satisfactory,” according to the Federal Deposit Insurance Corp. (FDIC). The information, which the FDIC […]
An exemption order allowing banks and credit unions to satisfy a federal customer identification program (CIP) rule by getting taxpayer identification number (TIN) information from third parties – not just directly from the customer or […]
Easing some capital standards for large banks so the requirements don’t discourage those institutions from engaging in “low-risk” activities was proposed by the three federal banking agencies Friday. In a joint release, the agencies said […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info