BPI submitted a comment letter to the FDIC regarding its review of Financial Institution Letters to identify those that can be retired. BPI commended the agency on its efforts and encouraged it to seek other opportunities to retire or revise its guidance. BPI also provided a copy of the comment letter to the Federal Reserve and the OCC, encouraging those agencies to follow the FDIC’s example in review of their guidance documents to identify those that are no longer necessary or warrant revision for policy reasons.
You Might Also Be Interested In...
Bank Activities and Structure
Our Assessment of the Federal Reserve’s Latest Semiannual Supervision and Regulation Report and Some Recommendations for Future Reports
Supervision & Enforcement
BPI Response to FSOC Guidance on the Designation of Systemically Important Non-Banks
Silicon Valley Bank
How Regulators Could Strengthen the Banking System Without Sacrificing the Economy
Silicon Valley Bank
BPI’s Jeremy Newell Testifies on SVB Supervision Before House Oversight Committee
More Posts by This Author