23feb21 – Regulatory Report

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

Cattle-trading scam that acted as Ponzi scheme earns pair six year prison terms

February 21, 2023 0

A cattle-trading system that is described as a Ponzi scheme and that resulted in millions of dollars in losses to victims of the scam has resulted in six-year prison terms for the individuals who ran […]

Comptroller updates booklet on change in bank control

February 21, 2023 0

The “Change in Bank Control” booklet of the Comptroller’s Licensing Manual has been updated from the version last issued in 2017, the Office of the Comptroller of the Currency (OCC) said Thursday. The revised booklet […]

Former CEO of First NBC Bank convicted of fraud leading to bank failure

February 21, 2023 0

Ashton J. Ryan Jr., the former top executive of the now-defunct First NBC Bank (New Orleans) was found guilty last week of fraud that contributed to the failure of the nearly $5-billion-in-assets bank in 2017, […]

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Handbook booklet on allowances for credit losses (ACL) was issued Friday by the national bank regulator, which rescinded previous guidance.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 [...]