The FDIC released guidance today with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Arkansas affected by severe storms, straight-line winds, tornadoes and flooding. 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.
FinCEN issues statement on Bank Secrecy Act compliance, Venezuelan disaster aid
FinCEN will not take any supervisory or legal actions against U.S. financial institutions for providing authorized financial services in Venezuela to help the country recover from recent earthquakes, the agency announced.









