Archives For: financial institutions
OCC: Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Flooding in the Midwest
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the state regulators issued a joint statement encouraging financial institutions operating in affected Midwest flood areas to meet the financial services needs of their communities.
25 Mar 2019
Federal Reserve Releases Guidance Holding Banks Responsible When Using Service Providers
On December 5, The Federal Reserve Board released guidance reminding financial institutions it supervises to exercise appropriate risk management and oversight when using service providers.
6 Dec 2013