Meeting: FDIC Board
The FDIC Board is scheduled to consider proposed revisions to the Volcker Rule
FDIC
FDIC
In separate meetings, agencies will consider more proposed revisions to Volcker Rule
Additional revisions to the Volcker Rule – which generally prohibits banking entities from engaging in proprietary trading or investing – will be considered as proposed rules in separate meetings next week by the boards of […]
FDIC
MN real estate firm to pay $593K fine, restitution for fraudulent scheme involving foreclosed properties
A criminal fine, restitution and jail time were ordered for a Minnesota real estate company, its owner, and its accountant for their part in a long-running fraudulent bidding and kickback scheme in connection with foreclosed […]
FDIC
Final rule on counterparty credit risk measurement (SA-CCR) slated, at long last, for Federal Register publication
A final rule adopted last November that implements a standardized approach for measuring counterparty credit risk (SA-CCR), and which begins taking effect April 1, is slated for publication Friday in the Federal Register. The rule […]
FDIC
Pair of Fed nominations leaves three seats in regulatory leadership yet to be resolved
Forty percent of the seats to be filled for federal financial institution regulatory leadership were addressed last week when the White House announced the president’s intention to nominate two to the Federal Reserve Board – […]
FDIC
Transferred OTS regs on state savings association accounting, reporting, operations rescinded by FDIC
The rescission and removal of three transferred regulations of the former Office of Thrift Supervision (OTS) will be final 30 days after publication of final rules in the Federal Register, which is slated Tuesday. The […]
FDIC
Banks warned of heightened cybersecurity risk in joint agency statement
Federally supervised banking organizations were warned Thursday of heightened cybersecurity risk amid current global tensions in a joint statement by two federal banking regulators. “The Department of Homeland Security has indicated there is heightened risk […]
FDIC
FDIC, SBA release updates to Money Smart for Small Business modules
Updates to modules on banking and credit in the Money Smart for Small Business curriculum were released Thursday by the Federal Deposit Insurance Corp. (FDIC) and Small Business Administration (SBA), the bank deposit insurer announced. […]
FDIC
Deputy takes top job as chief info officer
The leader of a five-year information technology modernization plan has been named the new chief information officer (CIO) for the federal insurer of bank deposits, the agency said Thursday. Sylvia Burns, who joined the Federal […]
Comments due: FDIC, Federal Reserve, OCC (swaps)
The Federal Deposit Insurance Corp. (FDIC), Federal Reserve Board, and Office of the Comptroller of the Currency (OCC), and other regulators are proposing to amend the agencies’ regulations that require swap dealers and security-based swap […]