Supervision News Flash

The Federal Reserve System’s FedEZFile tool offers an easy and secure way to make the mergers and acquisition filing process more efficient. Learn more about FedEZFile and how to sign up.

Just like maintaining a home, financial institutions should ensure that their Compliance Management System is also being maintained. Read more about what maintenance needs to be considered for sound compliance reviews

In 2023, all financial institutions were required to adopt the Current Expected Credit Loss (CECL) methodology for determining the allowance for commercial real estate losses. Our Supervision team dives into navigating the methodology, as well as what financial institutions should consider when navigating the allowance each quarter.

Throughout the year, the Richmond Fed engages with groups and organizations across the Fifth Federal Reserve District to learn and to share. In this article, one of our senior examiners discusses her involvement with the BSA Coalition’s annual conference and some key takeaways.

Updated guidance encourages all banks to continue reviewing their contingency funding plans to ensure they are prepared for a wide range of possible stress scenarios.

Richmond Fed Executive Vice President Lisa White shares her perspectives around risks, liquidity and contingency planning within the Fifth Federal Reserve District.