Supervision & Regulation

Announcements

Latest announcements from Supervision & Regulation

 
Date Title
January 26, 2010 S&R Perspectives Newsletter: Winter 2009

This edition features trends from material loss reviews and an in-depth review of assessing structured investments in the current economic environment.

January 5, 2010 Consumer Compliance Outlook - 4th Quarter 2009

Read the latest Consumer Compliance Outlook, which is a Federal Reserve System publication dedicated to consumer compliance issues.  Featured in this edition is an overview of the E-Sign Act's consumer compliance requirements as well as tips on how to improve and use HMDA Data in a Compliance Program.

Date Title
October 28, 2009 FDIC Warns of Fraudulent Emails

The Federal Deposit Insurance Corporation (FDIC) has become aware of e-mails appearing to be sent from the FDIC that are asking recipients to download and open a "personal FDIC insurance file" to check their deposit insurance coverage. These e-mails are fraudulent and were not sent by the FDIC. The FDIC is attempting to identify the source of the e-mails and disrupt the transmission.

October 7, 2009 Consumer Compliance Outlook - 3rd Quarter 2009

Read the latest Consumer Compliance Outlook, which is a Federal Reserve System publication dedicated to consumer compliance issues. This edition provides some insights about a bank director's role in fostering an effective compliance culture as well as a closer look into the Mortgage Disclosure Improvement Act of 2008.

October 1, 2009 S&R Perspectives Newsletter: Fall 2009

Read about the latest trends in the financial industry in the fourth issue of S&R Perspectives. This edition also reports on emerging risks in portable device security and recent efforts and tools to fight fraud.

June 30, 2009 Consumer Compliance Outlook - 2nd Quarter 2009

Read the latest Consumer Compliance Outlook, which is a Federal Reserve System publication dedicated to consumer compliance issues. This issue features an interview with Sandra Braunstein, Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System.

July 1, 2009 S&R Perspectives Newsletter: Summer 2009

This edition highlights information on a revision from FASB on fair value accounting guidance and limitations on interbank liabilities as well as other emerging issues.

April 16, 2009 S&R Perspectives Newsletter: June 2009 Special Publication

Read more about the risk-based capital treatment for direct credit substitutes in this article.

April 7, 2009 S&R Perspectives Newsletter: Spring 2009

Featured in the Spring edition of S&R Perspectives is a new section which highlights emerging trends and issues from the examination process.

April 7, 2009 S&R Perspectives Newsletter: Spring 2009

Featured in the Spring edition of S&R Perspectives is a new section which highlights emerging trends and issues from the examination process.

March 6, 2009 Mortgage Foreclosure Rescue Updates

The Fraud Awareness section has been updated to add information about Mortgage Foreclosure Rescue scams that was released by the Federal Reserve Board.

February 17, 2009 BSA Coalition

The BSA Coalition, a group of Fifth District bankers and regulators, has launched an independent Web site to encourage discussion about issues related to the Bank Secrecy Act and anti-money laundering efforts. The Richmond Fed serves as an advisor to the group.

January 27, 2009 Smishing

The Fraud Awareness section has been updated to provide information about "smishing," a scheme that uses text messages to seek bank account information.

Date Title
December 8, 2008 Update to Fraud Awareness Information

The Fraud Awareness section of the Richmond Fed Web site has been updated with information about a type of fraud that has emerged recently: mortgage foreclosure rescue scams.

November 13, 2008 New Banking Supervision & Regulation Newsletter

The Richmond Fed's Banking Supervision & Regulation department is introducing a new newsletter in December.

October 28, 2008 Wire Transfer Fraud Message

WARNING: We have noticed increased fraudulent wire transfer activity throughout the Fifth District.

October 27, 2008 FBI Statement Regarding Threatening Letters Received at Financial Institutions

The Federal Reserve System has been asked by the FBI to forward to its supervised institutions the following emergency supervisory message pertaining to an actual or potential critical situation affecting the banking industry. The Federal Reserve has no additional information regarding this situation.

October 20, 2008 Agencies Encourage Participation in Treasury's Capital Purchase Program, FDIC's Temporary Liquidity Guarantee Program

The federal banking and thrift regulatory agencies encourage all eligible institutions to use the Treasury Department's Capital Purchase Program and the Federal Deposit Insurance Corporation's Temporary Liquidity Guarantee Program.

October 17, 2008 Agencies Announce Decision on Regulatory Capital Impact of Emergency Economic Stabilization Act of 2008 on Fannie Mae and Freddie Mac Preferred Stock

The federal banking and thrift regulatory agencies announced today that they will allow banks, bank holding companies, and thrifts (collectively, "banking organizations") to recognize the effect of the tax change enacted in Section 301 of the Emergency Economic Stabilization Act of 2008 (EESA) in their third quarter 2008 regulatory capital calculations.

October 16, 2008 FDIC Announces Series of Banker Calls on Its Temporary Liquidity Guarantee Program

Beginning today, the Federal Deposit Insurance Corporation (FDIC) will hold the first in a series of conference calls with the banking industry to answer technical questions regarding the newly announced Temporary Liquidity Guarantee Program.