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[ May 17, 2022 ] FDIC final rule implements agency’s statutory authority to bar misrepresentations about deposit insurance CFPB
[ May 17, 2022 ] Agency restores SARC for supervisory appeals, kicking to curb 2021 ‘Supervision Appeals Review Committee’ FDIC
[ May 17, 2022 ] State bank supervisory group’s CEO dies Other
[ May 17, 2022 ] Banks should be assessing exposures, adjusting risk profiles in face of changing market, OCC leader says OCC
[ May 16, 2022 ] To promote consistency in consumer protection law enforcement among state, federal regulators, bureau will publish circulars CFPB

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FDIC final rule implements agency’s statutory authority to bar misrepresentations about deposit insurance

May 17, 2022 0

A final rule prohibiting any person or organization from making misrepresentations about federal bank deposit insurance or misusing the insurer’s name or logo was approved Tuesday by the Federal Deposit Insurance Corp. (FDIC). The final rule, approved 3-0, implements the [...]
Agency restores SARC for supervisory appeals, kicking to curb 2021 ‘Supervision Appeals Review Committee’

May 17, 2022 0

The final level of review in the federal insurer of bank deposits supervisory appeals process is restored – as it was before last year – to an independent intra-agency appeals process to review material supervisory determinations made at banks that [...]
State bank supervisory group’s CEO dies

May 17, 2022 0

John W. Ryan, president and chief executive officer of the State Conference of Bank Supervisors (CSBS), died unexpectedly Monday in Washington, the organization’s board announced Tuesday. The CSBS, it website notes, supports state regulators in advancing the system of state [...]
Banks should be assessing exposures, adjusting risk profiles in face of changing market, OCC leader says

May 17, 2022 0

Potential uncertainty and volatility in interest rates and loan performance in the face of inflation and other potential market issues should encourage banks to assess exposures and adjust risk profiles, the regulator of national banks said Tuesday. Speaking at the [...]