ABA and the Bank Policy Institute jointly backed the FDIC’s proposed new independent Office of Supervisory Appeals in a letter to the agency today.
Browsing: Exam fairness
In response to a 2018 petition from ABA and the Bank Policy Institute, the federal banking agencies today issued a proposal that would codify their joint statement clarifying that regulatory guidance does not have the force and effect of law.
The FDIC late Friday proposed to establish a new Office of Supervisory Appeals that would replace the current Supervision Appeals Review Committee.
Bank management does have capacity to make the examination experience a better one. Two financial services attorneys explain how.
The federal banking agencies are working to reduce excessive supervisory burdens through automation and shared data submission, Consumer Financial Protection Bureau Director Kathy Kraninger said today at the ABA Regulatory Compliance Conference in New Orleans.
As part of her efforts to bring greater transparency to the FDIC, Chairman Jelena McWilliams is “looking to strengthen the ombudsman and bank appeals process at the FDIC,” she said in a recent interview with the ABA Banking Journal.
With a powerful personal story and real-world banking experience, Jelena McWilliams is shaking up the FDIC.
As part of an ongoing review of the safety and soundness exam process, the Federal Financial Institutions Examination Council today issued a second update on progress made to date.
Under a major new transparency initiative, the FDIC will publish key performance metrics on its website, agency chairman Jelena McWilliams said today.
Echoing a similar statement made by the financial regulatory agencies earlier this week, the Securities and Exchange Commission today affirmed that its regulatory guidance is nonbinding.