Promoting a safe, sound, and stable banking and financial system, and fair and transparent financial services
This issue of Supervisory Spotlight highlights a variety of topics: the U.S. migration to chip cards, proposed changes to the accounting standard for loan and lease losses, the new and legacy flood insurance rules, and a reminder about the importance of quality loan growth and managing commercial real estate lending concentrations.
Federal Reserve System Publications
This issue of Community Banking Connections highlights the proposed standard on accounting for credit losses, research discussed at the October 2015 Community Banking Research Conference, and accomplishments during the first five years of the Community Depository Institutions Advisory Council. It also delves into important community bank considerations in the wake of the U.S. EMV chip card migration.
First Glance 12L
The 4Q15 issue of First Glance 12L shows District jobs expanded and overall bank credit quality improved notwithstanding economic slowing abroad and commodity and equity price volatility. Regardless, 2015 was marked by historic low net charge-off activity and may be tough to beat for credit performance metrics.
Banks at a Glance
This Asia Focus examines the size and growth of Islamic finance, reviews recent reports and studies on the industry, discusses key benefits and regulatory challenges, and summarizes recent developments in Asia.
India’s heavy reliance on cash has wasted resources and limited financial inclusion, leaving nearly half the population without a bank account. In response to this problem, the government has introduced policies to promote non-cash payments, provide hundreds of millions of new payment-capable accounts to the unbanked, and encourage new technology and innovation throughout the banking sector. The combined effect of these efforts could have a major impact on economic welfare and financial inclusion in the coming years.