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.
Banking agencies extend comment period for third-party risk management guidance
The federal banking agencies extended by a month the comment periods for two proposed guidance documents on third-party risk management. ABA was among the groups that requested the extension.








