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Major retail banks to introduce Singpass Face Verification (SFV), further strengthening resilience against phishing scams Customers who do not have a Singpass account may register for one and download the Singapore, 18 September 2024 – The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today announced that major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to stre...

BOARD MEETING | SEPTEMBER 17, 2024 FDIC BOARD OF DIRECTORS MEETING Today the Federal Deposit Insurance Corporation’s Board of Directors met. Materials and information relative to the Board actions are available here: A recording of the full webcast of the open meeting is available here. Read more...

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Acting Comptroller of the Currency Michael J. Hsu issued statements at today's Federal Deposit Insurance Corporation (FDIC) board meeting regarding bank merger policy and a notice of proposed rulemaking on depository institutions' recordkeeping for custodial deposit accounts with transactional features.

Primary public debt market

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today approved a final rule updating its regulations for business combinations involving national banks and federal savings associations and a policy statement clarifying its review of applications under the Bank Merger Act (BMA). The final rulemaking is part of the OCC’s effort to enhance transparency around its process of reviewing transactions under the BMA. It also provides additional guidance to stakeholders aroun...

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