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The Federal Deposit Insurance Corporation (FDIC) is planning to end the receivership for a certain institution, which means it will no longer oversee its liquidation process. The FDIC has completed the sale of the institution's assets and will distribute the final payments to creditors using the remaining funds. Affected parties have 30 days from the notice date to submit written comments about the termination. This decision is made under the authority provided by U.S. law and aims to conclude the receivership now that it no longer serves a useful purpose.

The Federal Deposit Insurance Corporation (FDIC) has issued a final rule to adjust the way deposit insurance assessments for large banks are calculated. This change is aimed at preventing the temporary double counting of certain credit loss amounts related to the Current Expected Credit Losses (CECL) methodology in these assessments. By doing so, the rule ensures that big banks are charged fairly and accurately for their deposit insurance. The final rule will take effect on April 1, 2021, and is not expected to affect small banks or change regulatory capital.

The Federal Deposit Insurance Corporation (FDIC) has announced that it has become the only receiver for a particular financial institution that has been closed. This means the FDIC is now in charge of managing and liquidating the assets of this financial institution. The details of these institutions are regularly updated and can be found on the FDIC website. For further inquiries, individuals can contact the Chief of Receivership Oversight through email.

The Federal Deposit Insurance Corporation (FDIC) has announced updates to the maximum amounts for civil money penalties (CMPs) to account for inflation. These adjustments apply to penalties assessed after January 15, 2021, for violations occurring from November 2, 2015, onwards. Federal agencies, like the FDIC, are required to adjust these penalties annually based on guidance from the Office of Management and Budget (OMB). The updated CMP amounts were calculated using the inflation multiplier provided by the OMB in December 2020.

The Federal Deposit Insurance Corporation (FDIC) is seeking public comments as part of its obligation under the Paperwork Reduction Act of 1995. They are considering renewing two existing information collections: one related to the Bank Protection Act compliance and another involving Post-Examination Surveys for FDIC-supervised banks. The FDIC wants input on the necessity and efficiency of these collections and suggestions to enhance them or reduce the burden on respondents, with comments due by May 27, 2025.

The Federal Deposit Insurance Corporation (FDIC), acting as the Receiver for several insured banks, has completed its role of wrapping up the banks' affairs and liquidating their assets. The FDIC has transferred the authority to execute any necessary legal documents to FDIC-Corporate. As a result, the receiverships have been terminated and no longer exist as legal entities.

The Office of the Comptroller of the Currency, the Federal Reserve System, and the Federal Deposit Insurance Corporation are seeking public comments on proposed updates to the Consolidated Reports of Condition and Income, also known as Call Reports. These updates, intended to remain effective through 2021, address changes in asset measurement dates due to temporary asset growth linked to relief programs from the COVID-19 pandemic. The modifications aim to help financial institutions manage reporting burdens by allowing them to use asset figures from either December 2019 or June 2020 for determining their reporting requirements for the upcoming year. The agencies are inviting feedback about the utility, accuracy, and potential burden of these changes as they move forward with the proposal.

The Federal Deposit Insurance Corporation (FDIC) has announced its intent to terminate the receiverships for certain institutions, as their asset liquidation has been completed. The FDIC plans to make a final dividend payment to authorized creditors, as allowed by the funds available. The notice specifies that these receiverships will end at least 30 days following the announcement date. Interested parties have until this deadline to submit written comments regarding these terminations.

The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation issued a report to Congress. As of September 30, 2024, they found no major differences in the accounting and capital standards for the banks they oversee. While there are some minor differences concerning definitions and rules, these do not significantly affect the institutions. The report highlights how certain rules apply differently to specific banking groups due to legal and regulatory requirements.

The Federal Deposit Insurance Corporation (FDIC) announced its plan to end the receivership of an institution, as the process of liquidating its assets is complete. The FDIC will make a final payment to verified creditors using the available funds. The receivership's termination is set to occur no less than 30 days from the notice's release date. Individuals wishing to comment on this decision must submit their remarks in writing to the FDIC within the 30-day window.