The FDIC, OCC, and NCUA jointly issued FAQs regarding CIP Rule compliance.

The entities involved

• Federal Deposit Insurance Corporation →

  US government agency providing deposit insurance

  • The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.Mon 08:32
  • Federal Reserve actions are influencing national rates tracked by the FDIC, while Marcus offers CD rates through Goldman Sachs.Mon 01:57
• Office of the Comptroller of the Currency →

  American federal government organization

  • The Federal Reserve is joining forces with the National Credit Union Administration and the Office of the Comptroller of the Currency to push stablecoin identification standards.Fri 02:46
  • The Office of the Comptroller of the Currency is proposing rules to govern stablecoin issuers under the GENIUS Act.Thu 20:31
• National Credit Union Administration →

  independent federal agency of United States

  Nothing else this week.

Related events

• The FDIC and OCC are issuing new rules concerning CRA compliance.Aug 17
• The FDIC, OCC, and NCUA jointly issued guidance on SAR confidentiality, involving the Federal Reserve System.Sep 4
• Fidelity National Information Services is seeking regulatory approvals for new bank charters and is involved in deposit insurance applications with the OCC and FDIC.Sep 21