A former banker has been charged for engaging in a nearly $2 million check kiting fraud scheme at an East St. Louis, Ill., bank, the inspector general for the federal bank deposit insurance agency said […]
The “contours of changes” to the federal bank deposit insurance agency “remain unclear” resulting from the series of executive orders from the Trump administration aiming to reduce government size, the agency’s inspector general said in […]
An inspector general report on the federal credit union regulator’s liquidity facility for credit unions suggests that the regulator determine whether to seek to extend the due date for member credit unions’ annual stock adjustment […]
A self-initiated audit of the agency’s compliance with its examiner-in-charge rotation policy and procedures found rotation occurred but identified several instances where it did not comply, according to a report by the agency’s inspector general […]
The agency’s four funds earned unmodified, or “clean,” audit opinions for 2024, the National Credit Union Administration said Thursday. The funds – National Credit Union Share Insurance Fund, Operating Fund, the Central Liquidity Facility, and […]
The evaluation report on the sexual harassment scandal at the federal insurer of bank deposits was termed “among the most important” issued by the agency’s inspector general, it said Monday. In its semiannual report to […]
Automation, better communication on process and a process for handling inquiries are recommended for the federal credit union regulator’s chartering process in an inspector general audit report released recently on the agency’s website. The National […]
An independent audit of the Federal Deposit Insurance Corp.’s (FDIC) information security program showed the program to be effective but warranting improvements, the agency’s Office of Inspector General (OIG) said in a report released Thursday. […]
An inadequate information technology inventory, inconsistency in risk reviews and more are flagged in a recent, independent audit of the National Credit Union Administration’s (NCUA) information security program and practices. The agency’s Office of Inspector […]
A 2021 study shows the federal credit union regulatory agency budgeted much fewer examination hours for supervised credit unions than the federal bank deposit insurer did for supervised banks in the periods covered, according to […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info