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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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Customer due diligence topic of new FAQ by financial crimes enforcement office

April 4, 2018 0

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) released a new frequently asked questions (FAQ) document Tuesday addressing financial institutions’ compliance concerns related to customer due diligence (CDD) requirements under the Bank Secrecy Act (BSA). […]

CFPB

11th ‘RFI’ from consumer agency looks at financial education (and how to eliminate, reduce ‘duplicative’ efforts)

April 4, 2018 0

Delivery of consumer financial education through online tools and other means makes up the 11th “request for information” (in a series of 12) issued Wednesday by the Consumer Financial Protection Bureau (CFPB) in the acting director’s […]

OCC

Four banks rated ‘outstanding,’ 20 rated ‘satisfactory’ for CRA compliance, March report shows

April 4, 2018 0

Community Reinvestment Act (CRA) compliance ratings made publicly available in March showed four institutions with ratings of “outstanding” and another 20 with ratings of “satisfactory,” the Office of the Comptroller of the Currency (OCC) said […]

The Fed

Fed governor cites economic uncertainty under stimulus, notes financial system vulnerabilities

April 4, 2018 0

Risks to the financial system remain moderate despite elevated asset valuations, but the recently enacted fiscal stimulus presents uncertainty for the current economy, which is already near full employment and “growing above trend,” Federal Reserve […]

OCC

Banking agency sets April 24 meeting of minority depository institutions advisory group

April 4, 2018 0

A federal banking regulator’s advisory group on minority depository institutions is set to hold a public meeting April 24 to advise the agency on steps to ensure the continued health and viability of minority depository […]

FDIC

Amendments aimed to fix errors, omissions for deposit insurance assessment rules won’t change much – but may lower payments

April 4, 2018 0

Technical amendments to rules about deposit insurance assessments are being made by the federal deposit insurer, which the agency believes will have little or no impact on insurance assessments for insured institutions – except, potentially, […]

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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