FDIC modifies approach to resolution planning for large banks
The goal is to focus the IDI resolution planning process on the operational information most relevant for the FDIC to ...
Tag: FDIC
Banking agencies pause appraisal requirements to facilitate California wildfire recovery
Banking regulators have temporarily paused certain appraisal requirements for real estate-related transactions in in Los Angeles County to facilitate recovery ...
FDIC urges banks to use electronic communications for supervisory correspondence
The FDIC announced that electronic communications is now the agency’s preferred method for supervisory correspondence and released guidance on how ...
Report: FDIC seeks 20% workforce reduction
The FDIC is seeking to reduce its workforce by a further 20% as part of an effort to reduce the ...
ABA endorses effort to roll back FDIC bank merger policy
ABA supports a proposal to withdraw a 2024 statement on bank mergers that expanded the factors taken under consideration when ...
FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation, ...
Banking regulators to rescind 2023 Community Reinvestment Act rule
Banking regulators announced they intend to rescind the 2023 Community Reinvestment Act final rule “in light of pending litigation.” They ...
FDIC rescinds notification guidance for crypto activities
The FDIC rescinded earlier guidance urging banks to first contact the agency before engaging in crypto-related activities, part of a ...
Report: FDIC to remove reputational risk from bank supervision
The FDIC is drafting rulemaking to remove reputational risk from its bank supervision, several media outlets reported. The move follows ...
Federal court pauses CFPB, FDIC, Treasury firings
A federal court in Maryland issued a temporary restraining order preventing the Trump administration from firing probationary employees at 16 ...
