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  • [ June 19, 2026 ] Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses The Fed
  • [ June 18, 2026 ] Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers FDIC
  • [ June 17, 2026 ] Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t) OCC
  • [ June 18, 2026 ] OCC bars 2 from banking work; terminates 3 previous orders of enforcement OCC
  • [ June 17, 2026 ] GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more Other
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NCUA

CU regulator to consider strategic plan, liquidation rule, call report updates

January 18, 2018 0

A strategic plan for the next four years, a proposed rule on involuntary liquidations, and board briefings on call report modernization and inflation adjustments for civil money penalties (CMPs) are all included on the agenda […]

Federal financial regulation

‘Market risk’ to financial system continues to be rated ‘high’ by federal research body

January 18, 2018 0

Market risk – including excessive valuations, low-risk premiums, and excesses in financial risk appetite and risk taking – continued to be at its highest level, according to a tool developed by a federal oversight body […]

FDIC

FDIC, banking regulators issue guidance for new tax law; effective for YE17 call reports

January 18, 2018 0

Guidance for the new tax law concerning accounting and reporting implications was distributed Thursday by federal banking agencies to give banks and savings associations insights about how the new law will affect their financial statements […]

NCUA

Credit union regulator will collect operating fees, insurance fund adjustments by April 17

January 18, 2018 0

Operating fees from federally chartered credit unions (FCUs) are due April 17, the federal credit union regulator said Wednesday, and will be based on year-end 2017 asset sizes. Additionally, the agency said in its Letter […]

The Fed

Taiwan bank ordered to pay $29 million for anti-money laundering deficiencies

January 18, 2018 0

A Taiwan bank was ordered to pay a $29 million penalty for compliance deficiencies found in 2016 under anti-money laundering (AML) laws, including the Bank Secrecy Act (BSA), the Federal Reserve said Wednesday. The order […]

Today

  • Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses

    June 19, 2026 0
    “Imprudent” loans made to the relatives of an Oklahoma bank CEO have led to his prohibition from future bank employment and a fine of $125,000, the Federal Reserve said Thursday. According to the Fed, it has prohibited Thomas Engelbrecht from [...]
  • Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers

    June 18, 2026 0
    Establishing and maintaining “an effective” customer identification program (CIP) for permitted payment stablecoin issuers (PPSIs) was proposed Thursday by federal banking and credit union regulators, and the Treasury’s financial crimes enforcement unit. The proposal, issued under the auspices of the [...]
  • Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t)

    June 17, 2026 0
    A filing is inconsistent with law or regulation if it does not meet the applicable statutory or regulatory criteria for that filing type, the national bank regulator said Wednesday in a bulletin focusing on the agency’s filing decision process. The [...]
  • OCC bars 2 from banking work; terminates 3 previous orders of enforcement

    June 18, 2026 0
    Two banking executives were barred from any future work in federally insured financial institutions in consent prohibition orders announced Thursday by the Office of the Comptroller of the Currency (OCC). The agency’s prohibition orders noted that: Steven Ho, former vice president [...]
  • GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more

    June 17, 2026 0
    An annual review of the Federal Reserve’s Main Street Lending Program — created with other programs to ensure credit availability amid the COVID-19 pandemic — has seen 70% of the 1,830 loans made fully repaid, with 16% generating losses and about [...]
  • Credit union regulator’s Hauptman to receive three briefings at meeting set for June 24

    June 17, 2026 0
    A mid-year budget update is on the agenda for the federal credit union regulator’s one-man board when he gavels in the meeting June 24, at 10 a.m. ET. According to the National Credit Union Administration (NCUA) Kyle Hauptman, chairman of [...]
  • OCC drops language from MDI rules designating what groups qualify as ‘socially, economically disadvantaged’

    June 16, 2026 0
    As there is no specified group of individuals presumed to be socially and economically disadvantaged under the statute creating minority depository institutions (MDIs), the national bank regulator is dropping portions of its rules that outline who those groups are, the [...]
  • UPDATED: Credit union regulator loosens rules on records preservation requirements

    June 15, 2026 0
    Guidance on records preservation for credit unions concerning the length of time credit unions should retain various types of operational records was removed from the federal regulator’s regulations under a final rule adopted Monday. According to the one-man board of [...]
  • FinCEN updates guidance on banks’ USA PATRIOT Act info sharing with others

    June 15, 2026 0
    Updated guidance on how financial institutions are permitted to share information with each other regarding suspected fraud was issued by Treasury’s financial crimes enforcement arm under the USA PATRIOT Act. The Financial Crimes Enforcement Network (FinCEN) on Friday released a [...]

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