Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A new deputy chief information officer is now on board at the federal insurer of bank deposits, the agency announced Tuesday. Bob De Luca, the Federal Deposit Insurance Corp. (FDIC) said, will oversee day-to-day operations […]
Title: Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Flood Insurance Subject: Flood insurance Agency: FDIC, Federal Reserve, NCUA, OCC Status: Notice and request for comment Summary: The OCC, Board, FDIC, […]
Federal banking agencies released their latest batch of Community Reinvestment Act (CRA) evaluation ratings Thursday, and of the 97 banks on the two lists, none was labeled for “substantial noncompliance.” Instead, 17 of the institutions […]
The nation’s eight largest and most complex banks will be required to provide information about their response to events surrounding the coronavirus (COVID-19) in “targeted” resolution plans due to the Federal Reserve and Federal Deposit […]
Federal and state regulators on Wednesday urged financial institutions to continue working to transition away from using LIBOR (the London Interbank Offered Rate) as a reference rate in any products, and they said supervision of […]
Title: Margin and Capital Requirements for Covered Swap Entities Subject: Swaps Agency: FDIC, Federal Reserve, OCC Status: Interim final rule Summary: The OCC, Board, FDIC, FCA, and FHFA (each an Agency and, collectively, the Agencies) […]
A “new and innovative approach to financial reporting,” particularly for community banks, is the aim of a rapid prototyping competition started by the federal insurer of bank deposits, announced Tuesday. Under the program announced by […]
An updated list of questions and answers aimed at providing insight to changes to flood insurance requirements under new rules regarding loans in special flood hazard areas were released for comment Friday by federal banking […]
With its vote Thursday – on a split vote (again) – the federal insurer of bank deposits jumped on board changes by federal banking and securities regulators to swap margin rules aimed at what they […]
The Volcker rule’s prohibition on banking entities investing in or sponsoring hedge funds or private equity funds is modified under a rule made final Thursday by all three federal banking agencies, plus two securities market […]
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