The FDIC has announced that Sandra L. Thompson, Director of the Division of Risk Management Supervision, has accepted the position of Deputy Director of Housing Mission and Goals at the Federal Housing Finance Agency.
The OCC has issued an alert on distributed denial of service attacks, providing general description of the attacks along with risk mitigation information and sources of related risk management guidance.
The Federal Deposit Insurance Corp. and the Financial Crimes Enforcement Network announced the assessment of concurrent civil money penalties of $15 million against First Bank of Delaware, Wilmington, Del., for violations of the Bank Secrecy Act and anti-money laundering laws and regulations.
The Federal Financial Institutions Examination Council issued a revised "Supervision of Technology Service Providers" booklet, which addresses agencies' authority to supervise third-party servicers that enter into contractual arrangements with regulated financial institutions.
The OCC, the Board of Governors of the Federal Reserve System and the FDIC recognize the serious impact of Hurricane Sandy on the customers and operations of many financial institutions and will provide regulatory assistance to affected institutions subject to their supervision.
The Federal Deposit Insurance Corp. approved the payout of the insured deposits of NOVA Bank, Berwyn, Pa. The bank was closed by the Pennsylvania Department of Banking and Securities, which appointed the FDIC as receiver.