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What's up
  • [ July 30, 2026 ] Revised compliance guide lowers leverage ratio for community banks to 8% from 9% FDIC
  • [ July 30, 2026 ] Pair of bankers in different states prohibited after allegations of misappropriation of customer funds The Fed
  • [ July 30, 2026 ] Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam The Fed
  • [ July 27, 2026 ] FinCEN seeks financial institutions’ aid in rooting out student-loan fraud Other
  • [ July 24, 2026 ] FDIC updates consumer compliance exam manual FDIC
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18dec17

OCC

National bank regulator publishes bulletin about proposal on counterparty credit exposure

December 17, 2018 0

A bulletin describing the notice of proposed rulemaking on an updated framework for measuring derivative counterparty credit exposure by the three federal banking agencies was published Monday by the regulator of national banks. The Office […]

Other

UBS Financial fined $14.5 million after more than a decade of BSA violations

December 17, 2018 0

UBS Financial Services, Inc. (UBSFS) was assessed a $14.5 million civil money penalty (CMP) over “willful” Bank Secrecy Act/anti-money laundering (BSA/AML) violations under an order announced Monday by Treasury’s Financial Crimes Enforcement Network (FinCEN). The […]

Other

Exam council body publishes unofficial text for EGRRCPA appraisal exemption

December 17, 2018 0

An unofficial “staff version” of the recently amended portion of the federal law that established requirements for uniform real estate appraisals was published online Friday by the Federal Financial Institutions Examination Council (FFIEC) Appraisal Subcommittee […]

FDIC

Former FDIC employee convicted of embezzling bank living will documents

December 17, 2018 0

A former senior employee of the Federal Deposit Insurance Corp. (FDIC) was convicted by a federal jury in Brooklyn, N.Y., Dec. 11 for stealing agency files on banks’ living will (resolution) plans and now faces […]

FDIC

Audit outlines seven ways to address outside interconnection issues for FDIC

December 17, 2018 0

Seven recommendations were made to address interconnection issues uncovered during an audit of information systems, according to the Federal Deposit Insurance Corp. (FDIC), including to modify the agency’s existing policies and procedures to meet standards […]

FDIC

Interest rates, Fed press conference, final/proposed rules and CBLR highlight week ahead

December 17, 2018 0

A spate of proposed and final rules, and a teleconference on community bank capital requirements – both against the background of the Federal Reserve’s rate-setting committee’s meeting – highlight the regulatory calendar for the week […]

Today

  • Revised compliance guide lowers leverage ratio for community banks to 8% from 9%

    July 30, 2026 0
    An 8% leverage ratio requirement for community banks – down from 9% — is the key component of an updated compliance guide for the ratio’s framework, released Thursday by federal banking regulators. The lowered requirement for the community bank leverage [...]
  • Pair of bankers in different states prohibited after allegations of misappropriation of customer funds

    July 30, 2026 0
    Charges of misappropriation of customer funds at banks in Alabama and Montana have led to prohibitions of two former employees of the institutions, with their consent, the Federal Reserve said Thursday. In a release, the Fed said that Ralph A. [...]
  • Illinois bank, holding company, agree to enforcement action over shortcomings revealed in exam

    July 30, 2026 0
    Deficiencies in internal controls, risk management and more have led to an enforcement action against an Illinois bank and its holding company by the Federal Reserve, the agency said Thursday. According to the Fed, Iuka State Bank and its holding [...]
  • FinCEN seeks financial institutions’ aid in rooting out student-loan fraud

    July 27, 2026 0
    Financial institutions are encouraged to report suspicious account activity that could point to fraud targeting federal student aid programs, according to an alert from Treasury’s financial crimes enforcement unit. Friday, the Financial Crimes Enforcement Network (FinCEN) issued an alert on [...]
  • FDIC updates consumer compliance exam manual

    July 24, 2026 0
    Updates to violation codes, Truth in Lending Act (TILA) thresholds, Home Mortgage Disclosure Act (HMDA) loan-volume thresholds and more are reflected in the July iteration of the federal bank deposit insurer’s Consumer Compliance Examination Manual (CEM). The Federal Deposit Insurance [...]

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