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Rescission of the Board Statement on the Development and Communication of Supervisory Recommendations
September 17, 2026 / Source: FDIC
Summary: On September 17, 2026, the Federal Deposit Insurance Corporation (FDIC) Board of Directors rescinded the Board Statement on Development and Communication of Supervisory Recommendations adopted in 2016 (2016 Statement). The 2016 Statement is superseded by the recent adoption of a final rule (Final Rule) adding a new part 305 to the FDIC’s rules that, among…
Notice of Proposed Rulemaking on State Bank Parity
September 17, 2026 / Source: FDIC
Summary: On September 17, 2026, the FDIC’s Board of Directors approved a notice of proposed rulemaking that would amend the agency’s regulations to promote parity between out-of-state state banks and national banks concerning the application of state laws. Statement of Applicability: The contents of, and material referenced in, this FIL apply to all FDIC-supervised financial…
FDIC Issues Proposal on Bank Merger Transactions
September 17, 2026 / Source: FDIC
Summary: The Federal Deposit Insurance Corporation (FDIC) today issued a notice of proposed rulemaking to modernize and reform the process by which the FDIC reviews merger transactions subject to FDIC approval under the Bank Merger Act (BMA). The proposed rule would tailor the merger filing and processing requirements to reflect the risk profile of a…
CSBS Strongly Supports the FDIC’s Proposed State Bank Parity Rule
September 17, 2026 / Source: CSBS
Washington, D.C. – Today, the FDIC issued a proposed rule that would ensure that out-of-state, state-chartered banks can continue to engage in interstate activities under the same standards that apply to national banks. The proposal would align FDIC regulations with the intent of the Riegle-Neal Act and the realities of modern banking, where institutions increasingly serve…
CSBS Announces AI Supervisory Framework
September 16, 2026 / Source: CSBS
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today released a new supervisory resource to support state examiners in assessing the use and risks of artificial intelligence (AI) at state-chartered banks and state-licensed nonbank financial institutions. The publicly released framework also helps provide clarity to regulated financial institutions on the general approach, types…
Federal Reserve issues FOMC statement
September 16, 2026 / Source: Federal Reserve
The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve’s dual mandate. The Committee is continuing its policy of maintaining…
Treasury Convenes Global Financial Institutions to Advance Operation Economic Outcast
September 16, 2026 / Source: FinCEN
WASHINGTON—Today, the U.S. Department of the Treasury’s (Treasury) Financial Crimes Enforcement Network (FinCEN) led a FinCEN Exchange with global financial institutions to advance Operation Economic Outcast. The event armed financial institutions with the information they need to shut down revenue streams and procurement networks tied to the Iranian regime. “Treasury continues to sever every economic…
FTC – Civil Penalty Inflation Adjustments
September 15, 2026 / Source: Federal Trade Commission.
AGENCY: Federal Trade Commission. ACTION: Notice. SUMMARY: In accordance with guidance from the Office of Management and Budget (“OMB”), the Federal Trade Commission (“FTC”)’s civil penalty amounts will remain unchanged during 2026. The FTC will continue to apply the 2025 civil penalty levels. DATES: Effective September 15, 2026.
Proposed Third-Party Risk Management Guidance
September 15, 2026 / Source: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA).
AGENCY: The Office of the Comptroller of the Currency (OCC), Treasury, the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA). ACTION: Proposed interagency guidance and request for comment. SUMMARY: The OCC, Board, FDIC, and NCUA (collectively, the agencies) invite comments on…
Proposed Third-Party Risk Management Guide for Traditional Community Banking Organizations
September 15, 2026 / Source: The Board of Governors of the Federal Reserve System (Board).
AGENCY: The Board of Governors of the Federal Reserve System (Board). ACTION: Proposed guidance and request for comment. SUMMARY: The Board invites comment on a proposed guide for traditional community banking organizations on managing risks associated with third-party relationships. The proposed guide would reflect the Board’s supervisory experience and lessons learned through examining community banking…
Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks
September 14, 2026 / Source: Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC).
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury; Board of Governors of the Federal Reserve System (Board); and Federal Deposit Insurance Corporation (FDIC). ACTION: Joint interim final rule and request for comments. SUMMARY: The OCC, Board, and FDIC (collectively, the Agencies) are jointly issuing and requesting public comment on an interim final rule…
Operation Economic Outcast Sanctions Major Bank Helping Iran Evade Sanctions
September 14, 2026 / Source: U.S. Department of the Treasury
September 14, 2026 WASHINGTON—Today, under Operation Economic Outcast, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated prominent Russian financial institution, VTB Bank Public Joint Stock Company (VTB Bank) for its involvement in Iranian sanctions evasion, including establishing correspondent relationships with sanctioned Iranian banks. “Under Operation Economic Outcast, Treasury will continue…
OCC Delivers on Community Bank Comeback, Reduces Burden for Third-Party Risk Management
September 11, 2026 / Source: OCC
WASHINGTON–The Office of the Comptroller of the Currency today continued to empower community banks and reduce their burden with a proposal to tailor third-party risk management to actual risk, and by providing greater clarity regarding supervision and enforcement of core service providers. The OCC’s proposed guidance would help banks focus their resources on third-party relationships…
Interagency Statement: Risk-Based Supervision of Certain Services Provided by Core Providers to Community Banking Organizations
September 11, 2026 / Source: OCC
Summary The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (the Board) and the Federal Deposit Insurance Corporation (the FDIC, and collectively, the agencies) are issuing a statement to provide clarity on their risk-based supervision of certain services provided by core providers to community banking organizations….
Third-Party Risk Management: Proposed Guidance and Request for Comment
September 11, 2026 / Source: OCC
Summary The Office of the Comptroller of the Currency (OCC), in coordination with the Board of Governors of the Federal Reserve System (the Board), the Federal Deposit Insurance Corporation (the FDIC), and the National Credit Union Administration (the NCUA, and collectively, the agencies), is issuing proposed guidance revising and replacing existing guidance on third-party risk…
Expanded Examination Cycle Eligibility: Interim Final Rule
September 10, 2026 / Source: OCC
Summary The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have published an interagency interim final rule amending the regulations governing eligibility for the 18-month on-site examination cycle, pursuant to the 21st Century ROAD to Housing Act. The rule makes…
Agencies Reduce Regulatory Burden for Community Banks, Increase Eligibility for 18-Month Exam Cycle
September 10, 2026 / Source: OCC
The federal bank regulatory agencies today issued an interim final rule increasing the number of community banks eligible for an 18-month exam cycle. The 21st Century ROAD to Housing Act increased the total asset threshold from $3 billion to $6 billion for certain supervised institutions to qualify for an extended 18-month on-site exam cycle. Extending…
FinCEN Issues Whistleblower Bulletin on Iran-Related Illicit Finance
September 10, 2026 / Source: FinCEN
Immediate Release September 10, 2026 Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a Whistleblower Bulletin in support of Operation Economic Outcast. FinCEN maintains a whistleblower incentive program for the public to submit information about violations of certain statutes enforced by Treasury and the Department of Justice, including the…
FinCEN Issues Financial Trend Analysis on Health Care Fraud
September 9, 2026 / Source: FinCEN
Immediate Release September 09, 2026 Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis identifying approximately $17.5 billion in suspicious financial activity potentially linked to health care fraud, underscoring the Trump Administration’s commitment to eliminating fraud, protecting taxpayers, and safeguarding the integrity of federal health care programs….
Treasury Cracks Down on Transnational Criminal Organization Behind Cyber Scam Operations Targeting Americans
September 9, 2026 / Source: U.S. Department of the Treasury
September 9, 2026 WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Transnational Criminal Organization (TCO) Xinbi Guarantee, a Chinese-language platform used extensively by Chinese cybercriminals that operates a large illicit online marketplace used to support cyber scams, fraud, money laundering, and other criminal activity targeting Americans. OFAC…
Bank Secrecy Act/Anti-Money Laundering: Frequently Asked Questions Regarding Treatment of Verifiable Digital Credentials Under the Customer Identification Program Rule
September 8, 2026 / Source: OCC
Summary On September 8, 2026, the Office of the Comptroller of the Currency (OCC), jointly with the Financial Crimes Enforcement Network (FinCEN), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the National Credit Union Administration, issued answers to frequently asked questions (FAQ) related to the use of state-issued…
Car Loan Interest Deduction
September 4, 2026 / Source: IRS
AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY: This document contains final regulations regarding the deduction forcertain taxpayers for an amount up to $10,000 of qualified passenger vehicle loaninterest. This document also contains final regulations regarding new informationreporting requirements for certain persons who, in a trade or business, receive from anyindividual interest aggregating…
IRS reminder: National Payroll Week is time for a paycheck checkup
September 4, 2026 / Source: IRS
Workers can review withholding; employers can revisit payroll tax responsibilities IR-2026-105, Sept. 4, 2026 WASHINGTON — The Internal Revenue Service today encouraged workers and employers to review withholding and payroll tax responsibilities ahead of National Payroll Week. Observed Sept. 7-11, National Payroll Week recognizes payroll professionals and the important role they play in helping ensure…
FDIC Issues List of Banks Examined for CRA Compliance
September 4, 2026 / Source: FDIC
WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in June 2026. The CRA is a 1977 law that requires the FDIC to assess a bank’s record…
FinCEN Identifies Nearly $13 Billion Linked to Suspected Digital Asset Scams Operated by Overseas Scam Centers
September 3, 2026 / Source: FinCEN
Immediate Release September 03, 2026 Urges Financial Institutions to be Vigilant and Report Suspicious Activity WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published an analysis and an alert to financial institutions to be vigilant to digital asset investment scams perpetrated by overseas scam centers. Today’s action is the latest in Treasury’s efforts to protect…