
FDIC clears revised appeals guidelines
The FDIC today approved revised guidelines for appeals of material supervisory determinations.
The FDIC today approved revised guidelines for appeals of material supervisory determinations.
A recent review of how federal regulators handled COVID-caused disruptions to bank examinations has led the Government Accountability Office to make two recommendations for how those same regulators could better prepare for future disruptions.
FDIC examiners will increase their focus on commercial real estate concentration in the upcoming exam cycle as economic pressures and changes in work and commerce habits elevate CRE lending risk, according to the most recent issue of the agency’s Supervisory Insights published yesterday.
CFPB’s change is “contrary to law and subject to legal challenge” as well as potential congressional action, the groups said.
ABA and five other banking trade groups this week shared their concern with the FDIC’s decision to eliminate the recently opened Office of Supervisory Appeals and reinstate the Supervision Appeals Review Committee.
The FDIC today announced that it will reinstate the Supervision Appeals Review Committee as the final level of review in the agency’s supervisory appeals process.
While the examining agencies are signaling that portions of most exams will continue to be conducted on-site, it is now clear that some form of remote exams will continue.
As the FDIC chief prepared to resign before her term was up, she discussed the agency’s progress on innovation, financial inclusion and more.
The outgoing FDIC chairman discusses bank innovation, FDITech, post-COVID exams and the agency’s COVID response in part one of this interview.
The Federal Financial Institutions Examination Council issued a statement of principles on examination information requests.