Search for: "The Federal Deposit Insurance Corporation, in its Corporate Capacity" Results 1 - 20 of 153
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21 May 2024, 9:01 pm by renholding
That said, the risk of providing inadvertent fiduciary advice can be lowered by making it clear that advice is being addressed to a counterparty in its general capacity, and not in its capacity as a retirement investor with respect to a particular plan or IRA. [read post]
The full media release can be accessed here. 3             The Federal Court finds that a term in Auto & General Insurance Company’s contracts is not unfair On 22 March 2024, the Federal Court in ASIC v Auto & General Insurance Company limited [2024] FCA 272 handed down the first decision to apply the unfair contract terms (UCT) regime in the context of insurance since… [read post]
8 May 2024, 2:26 pm by Kevin LaCroix
 The match will be made in the form of a direct deposit into the qualified account. [read post]
27 Mar 2024, 9:01 pm by renholding
The Federal Deposit Insurance Corporation (FDIC) released a Proposed Statement of Policy on Bank Merger Transactions (the Proposal) that outlines the FDIC’s views on its jurisdiction and expectations with respect to each statutory factor under the Bank Merger Act (BMA). [read post]
4 Mar 2024, 5:56 pm
TheCTA exempts twenty-four kinds of entities from its reporting requirements,including banks, insurance companies, and entities with more than twentyemployees, five million dollars in gross revenue, and a physical office in the UnitedStates. [read post]
29 Feb 2024, 12:02 pm by Guest Author
  Confusion Among Bank Regulators Regarding Regulation O Banking regulators, such as the Board of Governors of the Federal Reserve System (“FRB”) and the Federal Deposit Insurance Corporation (“FDIC”), may mistakenly categorize certain types of directors as “executive officers” for purposes of Regulation O because of the significant role that directors often play in the affairs of a bank. [read post]
2 Jan 2024, 12:56 pm by Kevin LaCroix
The increased vacancy rate and the drying up of lending capacity increases the likelihood of commercial real estate loan defaults. [read post]
21 Sep 2023, 7:20 am by Robin E. Kobayashi
” She examines a study published by the California Workers’ Compensation Insurance Rating Bureau (WCIRB) supplementing its earlier assessments as to medical treatments and costs of COVID-19 claims. [read post]
7 Sep 2023, 9:01 pm by renholding
In addition, as discussed below, the LTD Proposal also contains proposed changes to the current total loss-absorbing capacity (“TLAC”) rule applicable to US G-SIBs. [read post]
9 Aug 2023, 9:01 pm by renholding
Although Federal Reserve Chair Jay Powell and Governor Philip Jefferson voted to issue the Capital Proposal, each made statements indicating concerns about its potential effect and signaled that they would be looking to make changes to the Capital Proposal. [read post]
9 Jul 2023, 9:01 pm by renholding
A foreign banking organization is subject to the removal provisions of the RECOUP Act if it has a U.S. insured depository institution subsidiary or an insured or uninsured state or federal branch or agency in the United States.7 Corporate Governance Provision. [read post]
26 Jun 2023, 9:01 pm by renholding
”[14] Congress directed the department to serve in an advisory capacity to the banking agencies by providing the agencies “a report on the competitive factors” involved in a bank merger.[15] At the same time, Congress authorized the DOJ to serve in its law enforcement capacity by challenging in court any anticompetitive bank merger that violates antitrust law.[16] On this milestone anniversary of Philadelphia National Bank, it is appropriate to take stock… [read post]
31 May 2023, 1:44 pm by Kevin LaCroix
The Order also encourages the Federal Reserve to continue its research, development, and assessment efforts for a U.S. [read post]
23 May 2023, 9:05 pm by renholding
Congress created the Federal Deposit Insurance Corporation (FDIC) during the Great Depression to stop the rolling banking panic by guaranteeing bank deposits. [read post]
27 Apr 2023, 9:01 pm by renholding
  It has now re-emerged after the federal government reached its $31.4 trillion debt ceiling on January 19, 2023. [read post]
22 Apr 2023, 7:16 pm
 Pix Credit hereThe great project of convergence has been ingloriously drifting toward the trash bin of history de facto even as its once progressive now reactionary claque continues to hold high its de jure banner. [read post]
19 Mar 2023, 9:05 pm by renholding
This year’s Nobel prize-winning economists proposed two solutions to a “panic” run: deposit insurance and a lender-of-last-resort. [read post]
13 Dec 2022, 11:16 am by Maribeth Meluch
Those can involve “bait” advertising, treatment of deposits, provision of written estimates and home sales. [read post]
29 Nov 2022, 4:13 am by Bernard Bell
Weber Aircraft Corp., 465 U.S. 792, 802 (1984); Federal Open Market Committee of Federal Reserve System v. [read post]