Material Supervisory News Today

"We are genuinely overwhelmed by the support that we have received from various banks, large banks of this country, and those who are already partners. More regional and large banks have reached out at a very senior level to say that they will be very happy to help us," Vijay added. Paytm Accelerating Partnership With Other Banks, Says CEO Vijay Shekhar Sharma; Removing Dependency on Paytm Payments Bank.

A recent bipartisan bill, if enacted, would particularly benefit small lenders and bank-fintech partnerships by promoting transparency, appellate rights, and examiner accountability. ...

Regulatory Developments - FinCEN Issues NPRM Regarding Access to Beneficial Ownership Information and Related Safeguards - On December 15, FinCEN issued a...

December 13, 2022- State bank supervisors have appointed New York State Department of Financial Services Superintendent Adrienne A. Harris to serve as the state banking...

Regulatory Developments - Federal Reserve and FDIC Solicit Public Comments on Proposed Rulemaking Addressing Large Banks’ Financial Stability - On October...

Critics of the rate hike pointed to FDIC data showing that declines in deposit levels are already well underway.

On May 17, the Federal Deposit Insurance Corporation ("FDIC") issued Financial Institutions Letter 22-2022 updating the FDIC's Guidelines for Appeals of Material Supervisory Determinations.

On May 17, the Federal Deposit Insurance Corporation (“FDIC”) issued Financial Institutions Letter 22-2022 updating the FDIC’s Guidelines for Appeals of Material Supervisory...

On December 6, 2021, the FDIC issued a Financial Institution Letter (FIL) (FIL-77-2021) announcing that the FDIC's Office of Supervisory Appeals is now fully operational...

In This Issue. The Financial Crimes Enforcement Network (FinCEN) announced (1) a notice of proposed rulemaking for beneficial ownership information reporting requirements and (2) a...