Browsing: FDIC

Newsbytes

In a joint statement, the Federal Reserve, FDIC and the Office of the Comptroller of the Currency announced today they had “reaffirmed” their commitment to implementing enhanced regulatory capital requirements that align with Basel III standards and will issue a joint proposed rule “as soon as possible.”

Newsbytes

In comments filed with the FDIC Friday, the American Bankers Association and Bank Policy Institute came out against an agency proposal to replace troubled debt restructuring in assessments scorecards for large banks with a new term, “modifications to borrowers experiencing financial difficulty.”

Newsbytes

The American Bankers Association and 51 state banking associations submitted comments today on the banking agencies’ proposed overhaul of the Community Reinvestment Act regulations, saying said that while they support the effort in principle, there were multiple flaws in the proposed rule that ultimately worked against the agencies’ stated goals.

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