An updated liquidity booklet for the Comptroller’s Handbook providing guidance to examiners was issued Monday by the Office of the Comptroller of the Currency (OCC), the agency announced. According to Bulletin 2021-38, the updated booklet: […]
An accounting series aimed at promoting consistent application of accounting standards and regulatory reporting among supervised banks has been updated by the Office of the Comptroller of the Currency (OCC) and replaces the version published […]
Banks’ ability to withstand a major disruption – including natural disasters and cyber attacks – is the focus of a new “tech sprint” announced Monday by the federal insurer of bank deposits. The Federal Deposit […]
A proposal to create the credit union version of the community bank leverage ratio (CBLR) is out for public comment until Oct. 15, according to a notice in the Federal Register Monday. Issued for comment […]
Feedback from banks and thrifts on the federal bank deposit insurer’s supervisory approach to examinations during the COVID-19 pandemic is sought in a request for information (RFI) noted Friday in an agency Financial Institution Letter […]
A suite of new systems and software tools that federally insured credit unions and federal and state examiners will use for examinations and their follow-up, and more, was detailed in a Letter to Credit Unions […]
Eight teams with members from banking, philanthropy, and other fields will participate in a “tech sprint” to explore how community banks can meet the needs of the unbanked and will present their findings in September, […]
A “pattern or practice” of violations of the regulation that implements the National Flood Insurance Act (NFIA) drew combined civil money penalties of $82,000 for South Shore Bank of Weymouth, Mass., and Dime Community Bank […]
Credit card account limits declined overall during the pandemic – the largest declines being for high-credit-score borrowers – though a spike in account closures early in the pandemic began a decline after May 2020 that […]
Revised guidance on effective authentication and access risk management principles and practices related to digital banking services and information systems was issued Wednesday by the umbrella Federal Financial Institutions Examination Council (FFIEC). The guidance replaces […]
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