Sept. 9, 2006 News Archive

Regulatory Update
The latest issue of the Regulatory Update is now available.

FFIEC BSA/AML Examination Manual Conference Calls
The Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), Office of Thrift Supervision (OTS), and the Financial Crimes Enforcement Network (FinCEN) are hosting two nationwide conference calls on Sept. 13 and 14 regarding the release of the revised 2006 FFIEC BSA/AML Examination Manual for the banking industry. The Office of Foreign Assets Control will also participate in these calls. Each one-hour teleconference will provide an overview of significant revisions and updates to the manual and conclude with a question and answer session. These calls are open to all banking organizations. Registration Information (PDF)

Q&As Related to Interagency Guidance on Authentication in an Internet Banking Environment
In SR 06-13, the Board of Governors of the Federal Reserve System and the other Federal Financial Institutions Examination Council (FFIEC) agencies have issued frequently asked questions (FAQs) related to the FFIEC guidance on Authentication in an Internet Banking Environment (SR 05-19). The FAQs are designed to assist financial institutions and their technology service providers in conforming to the guidance, by addressing common questions on the scope of the guidance, risk assessments, timing, and other issues.