Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
COVID-19 actions
Agencies make final series of interim rules on leverage ratio modification, distribution restrictions, CECL mitigation
Rules that modify the community bank leverage ratio, ease automatic restrictions on dividend and other distributions and allow banks to mitigate the impact for two years of new accounting standards related to credit losses were […]
