- FDIC Proposes Rule to Establish Custodial Account Recordkeeping ...🔍
- FDIC proposes new recordkeeping requirements for bank|fintech ...🔍
- Burdensome Proposed FDIC FBO Account Rules Loom Large for ...🔍
- FDIC Proposes More Oversight on Custodial Deposit Accounts🔍
- 4 Takeaways From The FDIC's Proposed Recordkeeping Rule🔍
- FDIC Proposes Rule to Strengthen Banks' Recordkeeping🔍
- FDIC proposes new custodial deposit rule🔍
- FDIC Issues Notice of Proposed Regulations for Enhanced ...🔍
FDIC Proposes New Requirements For Custodial Accounts
FDIC Proposes Rule to Establish Custodial Account Recordkeeping ...
FDIC Proposes Rule to Establish Custodial Account Recordkeeping Requirements · IDIs would be required to implement internal controls over the ...
FDIC proposes new recordkeeping requirements for bank-fintech ...
According to the agency, the rule would require FDIC-insured banks holding certain custodial accounts to maintain accurate account records so ...
Burdensome Proposed FDIC FBO Account Rules Loom Large for ...
Records contain required content. For each custodial deposit account, the required records must identify (a) the beneficial owners of the ...
FDIC Proposes More Oversight on Custodial Deposit Accounts
The Federal Deposit Insurance Corporation (FDIC) proposed a new rule to improve oversight and risk management for bank-fintech partnerships.
Federal: Joint Trade Letter to FDIC on Request for comment ...
On October 2, 2024, the Federal Deposit Insurance Corporation issued a Notice of Proposed Rulemaking on Recordkeeping for Custodial Accounts.
4 Takeaways From The FDIC's Proposed Recordkeeping Rule
On Sept 17, the Federal Deposit Insurance Corp.'s board of directors approved a proposal that would impose recordkeeping and other compliance ...
FDIC Proposes Rule to Strengthen Banks' Recordkeeping
The proposed rule would require FDIC-insured banks holding certain custodial accounts to ensure accurate records are kept to determine the ...
FDIC proposes new custodial deposit rule, finalizes merger policy
The FDIC's proposal requires banks holding custodial deposit accounts used for transactions to maintain records that clearly identify the ...
FDIC Issues Notice of Proposed Regulations for Enhanced ...
A list of the account holders that maintain custodial deposit accounts with transactional features subject to the rule, as well as the total ...
FDIC Proposes New Recordkeeping Rules for Bank-Fintech Accounts
The FDIC's proposed rule targets bank-fintech partnerships, requiring new recordkeeping practices for custodial accounts.
FDIC Proposal Affecting Custodial Deposit Accounts - Keiter CPA
The Federal Deposit Insurance Corporation (“FDIC”) is proposing a new rule to enhance recordkeeping requirements on FDIC-insured depository ...
FDIC Proposes Recordkeeping Requirements on Banks for ...
FDIC Proposes Recordkeeping Requirements on Banks for Custodial Accounts · The bank would have direct, continuous, and unrestricted access to the ...
FDIC Announces Extension of Comment Period for Deposit ...
Under the proposed rule, FDIC-insured banks holding certain custodial accounts, as defined in the proposal, would be required to take ...
FDIC Proposes New Rule on Recordkeeping for Custodial Accounts
The proposed rule, which is largely a reaction to the recent bankruptcy of SynapseFI, would require IDI's to maintain records identifying the ...
Notice of Proposed Rulemaking on Custodial Deposit Accounts with ...
The proposed rule is intended to promote the FDIC's ability to promptly make deposit insurance determinations and, if necessary, pay deposit ...
Statement by Jonathan McKernan, Director, FDIC Board of Directors ...
Statement by Jonathan McKernan, Director, FDIC Board of Directors, on Proposed Recordkeeping for Custodial Accounts ; 1, See 12 U.S.C. §§ 1821(f)( ...
FDIC Proposes New Rule to Strengthen Recordkeeping for Third ...
Under the Proposal, FDIC-insured banks holding certain accounts — what the FDIC calls “custodial accounts with transactional features ...
Bank Policy Institute and 7 other organizations - RIN 3064-AG07
1 The proposal would establish new recordkeeping requirements for “custodial deposit accounts with transactional features” at insured ...
Statement by Vice Chairman Travis Hill on Notice of Proposed ...
Statement by Vice Chairman Travis Hill on Notice of Proposed Rulemaking on Custodial Deposit Accounts with Transaction Features and Prompt ...
... custodial accounts with transactional features. The proposed requirements also are expected to result in depositor and consumer protection benefits, such as ...