OCC will be hosting risk governance and credit workshops in Virginia. The Office of the Comptroller of the Currency announced that it will be hosting two workshops in Williamsburg, Va., at the DoubleTree by Hilton Williamsburg, April 19-20, for directors of national community banks and federal savings associations that are supervised by the OCC. The Risk Governance workshop will be held on April 19th and the Credit Risk workshop will be held on April 20th. (3/21/2016)OCC press release.
Federal financial institution regulatory agencies release guidance on applying customer ID program requirements to prepaid cardholders. The OCC announced that federal financial institution regulatory agencies (the Federal Deposit Insurance Corporation, Federal Reserve Board, National Credit Union Administration, OCC, and Financial Crimes Enforcement Network) issued guidance clarifying the applicability of the Customer Identification Program rule to prepaid cards issued by banks. (3/21/2016) OCC press release.
FDIC announces Community Banking Initiative conference. The FDIC announced that it will bring together community bankers, regulators, researchers, and others for a conference on community banking on April 6th in Arlington, Va. As part of the FDIC’s Community Banking Initiative, the conference will explore strategies for long-term success in the community banking sector. (3/21/2016) FDIC press release.