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What's up
  • [ July 17, 2026 ] Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers FDIC
  • [ July 17, 2026 ] OCC updates examiner booklet on allowances for credit losses OCC
  • [ July 16, 2026 ] ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’ FDIC
  • [ July 16, 2026 ] Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer The Fed
  • [ July 16, 2026 ] TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred OCC
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The Fed

Comments due April 5 on Fed-proposed supervision framework for bank-owned insurance organizations

February 4, 2022 0

The Federal Reserve Board’s proposed guidance for implementing a framework to supervise insurance organizations owned by banks – and overseen by the Federal Reserve – is out for public comment until April 5, according to […]

The Fed

With confirmation still pending, Powell voted chair pro tempore by Fed Board

February 4, 2022 0

Jerome H. (“Jay”) Powell was named chair pro tempore in a vote Friday of the Federal Reserve Board, ensuring Powell’s ability to continue to carry out his duties as chair as he awaits Senate confirmation […]

Other

Using LIBOR in contracts? Renegotiate or adopt ‘robust’ fallback language now, group’s leader writes

February 4, 2022 0

Market participants must renegotiate and amend existing contracts to move away from a now-defunct reference interest rate – or incorporate “robust fallback language,” the head of the group that developed an alternative rate wrote Thursday. […]

FDIC

Deposit insurance agency, trade group, announce podcast series focusing on minority depository institutions

February 4, 2022 0

Showcasing public- and private-sector efforts to preserve and promote minority depository institutions (MDIs) and advance diversity and inclusion across financial services is the aim of a series of podcasts jointly planned by the federal bank […]

Other

FSOC supports interagency group to identify, monitor financial stability risks from hedge funds

February 4, 2022 0

Efforts to establish an interagency risk monitoring system to identify potential emerging financial stability risks from hedge funds is supported by federal financial regulators, the agencies said in a joint statement Friday. The Financial Stability […]

Today

  • Proposal reveals weekly, quarterly reporting forms for banks becoming permitted payment stablecoin issuers

    July 17, 2026 0
    Weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers (PPSI) have been proposed by the federal bank deposit insurance agency, it said Friday. The Federal Deposit Insurance Corp. (FDIC) said the new forms were prompted [...]
  • OCC updates examiner booklet on allowances for credit losses

    July 17, 2026 0
    An updated Comptroller’s Handbook booklet on allowances for credit losses (ACL) was issued Friday by the national bank regulator, which rescinded previous guidance. The update is version 2.0 of the “Allowances for Credit Losses” booklet  of the handbook, published by [...]
  • ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’

    July 16, 2026 0
    Reviewing examination materials on the site of the bank exam, rather than transferring the materials onto the examining agency’s systems, is one of the methods outlined in a joint statement issued by regulators Thursday focusing on “enhanced security procedures.” In [...]
  • Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer

    July 16, 2026 0
    Appraisal-related lending misconduct at an Illinois bank has led to the prohibition of the institution’s former chief lending officer, the Federal Reserve said Thursday. The Fed said James Burns, the former chief lending officer of Heritage Bank in Lawrenceville, Ill., [...]
  • TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred

    July 16, 2026 0
    A Dallas, Texas, bank that converted from state to federal charter this May is under a consent cease-and-desist order over previous findings of “significant deficiencies” related to risk management and compliance with anti-money laundering (AML) rules and laws, including the [...]

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