FDIC unveils new guidance videos

WASHINGTON – The Federal Deposit Insurance Corp. has released four new videos on regulatory issues and proposed regulatory changes that provide guidance for bank directors, officers and employees, the federal agency announced Dec. 31.
The videos cover topics related to municipal securities, the allowance for loan and lease losses, troubled debt restructuring and fair lending.
“Each of the videos addresses the questions the FDIC most commonly receives from bankers,” said FDIC Director of the Division of Risk Management Supervision Doreen R. Eberley.
The video pertaining to evaluation of municipal securities addresses topics including investment policies and on-going monitoring and is intended for community bank management, especially for those who supervise securities portfolios, including members of investment and asset and liability management committees.
The video on the allowance for loan and lease is intended to assist community bank chief financial officers, loan committee members and loan officers.
The troubled debt restructuring video covers the related accounting and regulatory treatment.
The fair lending information is frequently requested, said FDIC Director of the Division of Depositor and Consumer Protection Mark Pearce.
“We know that bankers take their fair lending obligations very seriously,” said Pearce.” “Indeed, the vast majority of FDIC-supervised institutions manage their fair lending risks effectively. Nonetheless, fair lending compliance is one of the most frequently raised topics by bankers.”
The FDIC’s technical assistance videos can be accessed at www.fdic.gov

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