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Curry discusses globalization of bank supervision

In remarks at the 25th Special Seminar on International Finance held in Tokyo, Comptroller Curry discussed enhancing risk management and bank supervision in an increasingly interconnected global banking environment. He also addressed cybersecurity and international efforts to make the global financial system more resilient.


FDIC Board to meet

A notice of the November 18, 2014, meeting of the FDIC Board of Directors has been posted.


Tips for older consumers dealing with debt collectors

The CFPB has posted a Consumer Advisory regarding common complaints and problems received from older consumers regarding debt collectors.


October foreign exchange rates

The G.5 Foreign Exchange Rates Report for October 2014 has been released by the Federal Reserve.


Burma OFAC designation

The Treasury Department has announced its designation of Aung Thuang, a senior official of the Burmese Government, pursuant to Executive Order (E.O.) 13448, for "intentionally undermining the positive political and economic transition in Burma." Thaung was added to OFAC's SDN list with the BURMA designation.


NCUA prohibition orders

Three orders have been issued by the NCUA prohibiting designated individuals from participating in the affairs of any federally insured financial institution.


September FDIC enforcement actions

The FDIC has released a list of 20 orders for administrative enforcement actions taken against banks and individuals in September, including two consent orders, two removal and prohibition orders, four section 19 orders; one $300 civil money penalty for an unspecified infraction, one voluntary termination of insurance, various releases and one order for an administrative hearing.


OCC revises MRA policies

The OCC has announced the issuance of Bulletin 2014-52 and the publication of guidance revising policy and procedures for how it manages Matters Requiring Attention (MRA) resulting from its examination of supervised institutions. The updated guidance standardizes MRA terminology, format, follow-up, analysis, and reporting across the agency. It also addresses recommendations from the international peer review of the OCC's supervision of large and midsize institutions, conducted last year.


OCC workshop in Phoenix

The OCC will host a workshop in Phoenix on December 1–3, 2014, for directors of national community banks and federal savings associations. The fee for the workshop, "Mastering the Basics: A Director's Challenge," is $99; no more than 35 registrants will be accepted.


FDIC ComE-IN meeting agenda

The agenda for the October 29, 2014, meeting of FDIC Advisory Committee on Economic Inclusion (ComE-IN) has been released.


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