Regulatory staff from the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency shared their observations and previewed forthcoming regulatory updates on third-party risk management during a meeting with ABA member bankers in Washington, D.C., this week.

A new cooperative initiative helps customers access their funds should their bank suffer a cyber attack.

The American Bankers Association, through its subsidiary, ABA Community Bank Mortgage LLC, announced today that it has selected PennyMac as its newest secondary market investor.

Total loan balances at FDIC-insured banks grew 6.8 percent between September 2015 and September 2016, with considerable growth occurring in commercial real estate, agricultural, and oil and gas lending portfolios, the agency said in the winter issue of its Supervisory Insights publication released today.

In a comment letter today, the Financial Services Sector Coordinating Council -- of which ABA is an active member -- urged regulators to use a collaborative public-private sector dialogue to develop effective cybersecurity requirements.

Few banks’ contracts with technology service providers (TSPs) provide sufficient detail about the providers’ business continuity and incident response capabilities and duties, according to a report issued today by the FDIC’s independent inspector general.

Problem loans have declined—but anxiety over credit quality is building.

The Basel Committee on Banking Supervision today issued a set of frequently asked questions on its revised framework for market risk capital requirements, scheduled to take effect on Jan. 1, 2019.

ABA today released a new members-only tool—the ABA Sales Practice and Incentive Compensation Risk Assessment Matrix—to help member banks assess and manage risks posed by their sales practices and incentive compensation programs.

The Securities and Exchange Commission will place an increased focus on automated investment advice in 2017, including “robo-advisers,” as part of its objective to protect retail investors, the agency said today.