The FDIC released guidance today with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Kentucky, West Virginia and Iowa affected by severe storms. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties due to severe weather, including extending repayment terms, restructuring existing loans or easing terms for new loans. The agency also said it would consider relief from certain filing and publishing requirements.
ABA supports FCC’s proposed call authentication requirement for non-IP networks
ABA urged the FCC to vote to issue a proposal that would impose a new call authentication requirement designed to limit criminal access to the U.S. calling network.