Category Archives: FDIC

FIL-13-2014 April 7, 2014 Technology Outsourcing: Informational Tools for Community Bankers Printable Format: FIL-13-2014 – PDF (PDF Help) Summary: The three attached FDIC Technology Outsourcing documents are being re-issued as an informational resource to community banks on how to select service providers, draft contract terms, and oversee multiple service providers when outsourcing for technology products […]

FIL-12-2014 April 4, 2014 Regulatory Relief Guidance to Help Financial Institutions and Facilitate Recovery in Areas of Washington State Affected by Flooding and Mudslides   Summary: The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and to facilitate recovery in areas of Washington state affected by flooding and […]

FIL-10-2014 April 2, 2014 ATM and Card Authorization Systems Printable Format: FIL-10-2014 – PDF (PDF Help) Summary: The FDIC, as a member of the Federal Financial Institutions Examination Council (FFIEC), is issuing the attached statement describing risks related to recent cyber-attacks on automated teller machines (ATMs) and card authorization systems that have resulted in large […]

FIL-11-2014 April 2, 2014 Distributed Denial of Service (DDoS) Attacks Printable Format: FIL-11-2014 – PDF (PDF Help) Summary: The FDIC, as a member of the Federal Financial Institutions Examination Council (FFIEC), has issued the attached statement to notify institutions of the risks associated with the continued distributed denial of service (DDoS) attacks on public-facing Web […]

The FDIC has released revised interagency consumer compliance examination procedures for the mortgage rules issued pursuant to the Dodd-Frank Act. The release of these examination procedures is part of the FDIC’s ongoing efforts to inform supervised institutions about important bank regulatory developments in order to promote transparency in the FDIC’s supervisory program. The examination procedures […]

FIL-8-2014 February 07, 2014 Paying Agent Notification Requirements Printable Format: FIL-8-2014 – PDF (PDF Help) Summary: On January 23, 2013, the Securities and Exchange Commission (SEC) amended Exchange Act Rule 17Ad-17 to implement the requirements of Section 929W of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203. The amendments add to […]

FIL-7-2014 February 04, 2014 Recordkeeping and Confirmation Requirements for Securities Transactions   Summary: On December 10, 2013, the FDIC approved a Final Rule amending 12 C.F.R. Part 344 to establish uniform recordkeeping and confirmation requirements for all FDIC-supervised institutions. The Final Rule also increased the threshold for certain recordkeeping requirements, lessening industry burden. Statement of […]

FIL-6-2014 January 31, 2014 Registration of Municipal Advisors – Final Rule Printable Format: FIL-6-2014 – PDF (PDF Help) Summary: Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act), Pub. L. 111-203, amended Section 15B(a) of the Securities Exchange Act of 1934 to make it unlawful for “municipal advisors,” as defined in […]

FIL-4-2014 January 24, 2014 Revisions to Regulatory Reports   Summary: The Federal Financial Institutions Examination Council (FFIEC) has approved several revisions to the Consolidated Reports of Condition and Income (Call Report) for implementation as of March 31, 2014, and March 31, 2015. The FFIEC also has approved revisions to the FFIEC 101, Regulatory Capital Reporting […]

FIL-5-2014 January 24, 2014 FDIC Announces Upcoming Community Affairs Webinar:Savings Strategies During America Saves Week 2014 Summary: The FDIC’s Division of Depositor and Consumer Protection (DCP) Community Affairs Branch will host a webinar titled Savings Strategies During America Saves Week 2014 on February 4, 2014, from 2:30 p.m. to 3:30 p.m. (EST). The webinar will […]