Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A four-member team of undergraduate students from the State University of New York College at Geneseo (SUNY-Geneseo) has won the inaugural 2020-2021 Federal Deposit Insurance Corp. (FDIC) Academic Challenge with an examination of relationship banking […]
A Cameroon citizen who defrauded Municipal Trust and Savings Bank, Bourbonnais, Ill., of nearly $300,000 has been sentenced to serve 48 months in federal prison and ordered to pay restitution totaling $278,201 to the bank […]
The Consumer Compliance Examination Manual (CEM) of the federal insurer of bank deposits has been updated in at least seven areas, the agency said Thursday. Among the key areas the Federal Deposit Insurance Corp. (FDIC) […]
A Wisconsin man pleaded guilty to bank fraud this week for his role in fraudulently obtaining more than $600,000 in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus […]
Support for technological innovation in banking is the aim of a partnership announced Monday by the federal insurer of bank deposits and the engineering school of a Durham, N.C., university. According to the Federal Deposit […]
Title: Request for Information and Comment: Extent to Which Model Risk Management Principles Support Compliance with Bank Secrecy Act/Anti-Money Laundering and Office of Foreign Assets Control Requirements Subject: BSA/AML, OFAC compliance Agency: FDIC, Federal Reserve, […]
Feedback on how much the principles in the 2017 interagency “Supervisory Guidance on Model Risk Management” support compliance by banks and credit unions with Bank Secrecy Act/anti-money laundering (BSA/AML) and Office of Foreign Assets Control […]
Picking up where it left off last April, the Federal Deposit Insurance Corp. (FDIC) is again seeking input from the public on how the agency might revise and clarify its official sign and advertising rules […]
Issues for minority depository institutions and their communities – including discussion of collaboration “best practices” and, in closed session, of Treasury’s Emergency Capital Investment Program (ECIP) – is slated April 12 by a Federal Deposit […]
Charges of fraudulently obtaining a $1.5 million loan meant to keep workers employed during the coronavirus crisis – but then using the loan proceeds to buy more than three dozen late-model luxury cars and pay […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info