Proposal to allow disaster savings accounts gains traction
National Council of Insurance Legislators adopted a bipartisan, ABA-initiated resolution supporting the creation of state and federal legislation to establish ...
Tag: Disaster preparedness
OCC allows Florida banks to close due to Hurricane Milton
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to ...
OCC allows banks in four states to close due to Hurricane Helene
The OCC issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to ...
Directors Briefing: How boards can prepare banks for disasters
A well-crafted plan provides a strategic framework for decision-making and helps institutions recover.
OCC allows bank closures in four states affected by Tropical Storm Francine
The OCC issued a proclamation allowing national banks, federal savings associations and federal branches and agencies of foreign banks to ...
FHFA releases online dashboard to assess disaster risk for housing markets
FHFA released an online risk analysis tool that provides geographic estimates for physical risks from various types of natural disasters ...
ABA, MBA: Proposed changes to flood insurance form require further clarification
A proposed FEMA rule to update the Standard Flood Insurance Policy form is generally more user-friendly and may improve policyholder ...
ABA, associations seek more time for comment on flood insurance form changes
ABA and eight associations today asked the Federal Emergency Management Agency to extend the deadline for public comment on its ...
OCC’s Hsu: Banking agencies considering changes to operational resilience requirements
Banking regulators are considering what changes to the U.S. operational resilience framework may be appropriate as the risk for a ...
Report: FDIC needs to improve threat information sharing with financial institutions
The FDIC could improve the effectiveness of its processes to ensure that financial institutions receive actionable and relevant information about ...
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