The lead story in the winter 2015 issue of the FDIC’s Supervisory Insights publication focuses on how banks can enhance their information security programs to address evolving cybersecurity threats and gives an overview of the regulatory response to the recent rise in cybercrime. The issue also features a story on marketplace lending, results from an FDIC study on credit and consumer products and services and a roundup of recent regulations and guidance.
Bowman calls for ‘system maintenance’ on Fed supervision, rules, applications
The Federal Reserve’s regulations and supervisory process require significant “maintenance” to meet the Fed’s statutory mandate on safe and sound banking, Fed Governor Michelle Bowman said in a major speech at ABA’s Conference for Community Bankers. With a...