The FDIC today released an updated series of resource videos on flood insurance to help bank executives and compliance staff better understand federal flood insurance laws, regulations and compliance responsibilities. The videos cover recent changes in federal flood insurance laws, including those regarding escrowing of flood insurance premiums and fees, insuring detached structures and force-placed insurance.
ABA to Senate Banking: Refine Clarity Act’s stablecoin yield language
ABA and a coalition of financial trade associations asked the Senate Banking Committee to refine the proposed payment stablecoin yield language in the Clarity Act, which prohibits crypto platforms from paying interest or yield to bank deposits on...








