FDIC Finalizes Brokered Deposits and ILC Rules Ahead of the Holidays

In this Issue. The Federal Deposit Insurance Corporation (FDIC) was busy this week, finalizing rules that modernize brokered deposits regulations, establish new standards for parent companies of industrial loan companies and amend branch application requirements regarding historic preservation and environmental policy, all while proposing a rule that would permit additional exemptions from SAR filings; federal banking agencies proposed a rule requiring banking organizations and their service...
By: Goodwin

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