FDIC clears revised appeals guidelines
The FDIC today approved revised guidelines for appeals of material supervisory determinations.
Browsing: Examinations
GAO recommends agencies better prepare for bank exam disruptions
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 to increase focus on CRE loan concentration in exams
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.
ABA, trade groups: CFPB exceeds authority with exam manual update
CFPB’s change is “contrary to law and subject to legal challenge” as well as potential congressional action, the groups said.
Banking groups cry foul after FDIC abruptly closes OSA, reinstates SARC
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.
In change to supervisory appeals process, FDIC reinstates SARC
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.
Welcome to the universe of flex-hybrid exams
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.
Jelena McWilliams on Her Legacy at the FDIC
As the FDIC chief prepared to resign before her term was up, she discussed the agency’s progress on innovation, financial inclusion and more.
Podcast: Exit Interview with Jelena McWilliams, Part 1
The outgoing FDIC chairman discusses bank innovation, FDITech, post-COVID exams and the agency’s COVID response in part one of this interview.
FFIEC Modernization Project Yields Best-Practice Recommendations
The Federal Financial Institutions Examination Council issued a statement of principles on examination information requests.