Federal Financial Institutions Examination Council


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Federal Financial Institutions Examination Council

A federal interagency body (www.ffiec.gov) that establishes uniform standards and reporting requirements for the examination and auditing of financial institutions supervised by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision.

References in periodicals archive ?
The Federal Financial Institutions Examination Council (FFIEC) proposed guidance to help insured depository institutions improve their disclosure to customers with overdraft protection accounts (www.
This proposed reporting requirement, which has been approved by the Federal Financial Institutions Examination Council (FFIEC), would take effect March 31, 2003.
The data compiled by the Federal Financial Institutions Examination Council, which is comprised of the bank regulatory agencies, show that conventional home mortgage loans made to Latinos declined 2.
Other sources are the Uniform Bank Performance Reports or state reports from the Federal Financial Institutions Examination Council.
Gilleran currently also served as a member of the Board of Directors for the Federal Deposit Insurance Corporation (FDIC) and was Chairman of the Federal Financial Institutions Examination Council (FFIEC) in Washington D.
The Federal Financial Institutions Examination Council issued a statement, "Cyber Attacks Involving Extortion," Tuesday alerting financial institutions of the increasing frequency and severity of this particular breed of cyber attacks.
The Federal Financial Institutions Examination Council (FFIEC) has released proposed guidance on policies concerning social media usage by banks, savings associations and credit unions.
The Federal Financial Institutions Examination Council (FFIEC), which includes the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation, updates the list annually.
Net income at March 31 was $262,000, according to the quarterly call report filed with the Federal Financial Institutions Examination Council.
Federal Financial Institutions Examination Council guideline dictates multi-factor security for online financial transactions by December 31, 2006
The Federal Financial Institutions Examination Council, on behalf of the five major banking regulatory agencies, has issued a Final Advisory informing financial institutions not to enter into external audit engagement letters that incorporate "unsafe and unsound" limitation of liability provisions with respect to audits of financial statements and internal control over financial reporting.
The Federal Financial Institutions Examination Council (FFIEC) Call Report agencies--the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC)--announced on June 30, 2005, the schedule for financial institutions to enroll in the Central Data Repository (CDR).

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