Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
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 […]
Charges against a Massachusetts man for seeking more than $13 million in phony borrowings through the federal program that provides forgivable loans to business owners affected by the coronavirus crisis were announced Tuesday as the […]
The 2020 list of distressed or underserved nonmetropolitan middle-income geographies – which identifies areas where activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community development definition – are now available, the […]
Guidance intended to promote consistency and flexibility in the supervision and examination of financial institutions affected by the coronavirus crisis was issued Tuesday by federal banking and credit union regulators. The agencies noted, in releasing […]
The federal insurer of bank deposits is jumping on the bandwagon of easing assessments – in its case, for deposit insurance – on banks that participate in the loan program to help businesses weather the […]
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