FDIC: FIL-23-2013: Banker Teleconference on Leveraged Lending Guidance

Each depositor insured to at least $250,000 per insured bank


		Home > News & Events > Financial Institution Letters

Printer Friendly

Financial Institution Letters

Banker Teleconference on Leveraged Lending Guidance

FIL-23-2013
June 6, 2013

Printable Format:
FIL-23-2013 - PDF (PDF Help)

Summary:

The Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency are co-sponsoring a free 90-minute "Ask-the-Regulator" teleconference at 12:30 p.m. EDT, June 19, 2013, to discuss the recently issued leveraged lending guidance. Officers and employees of FDIC-insured institutions interested or engaged in leveraged lending activities, including participated leveraged loans, are invited to participate.

Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised banks and savings associations, including community institutions. However, only a limited number of community institutions have exposure to leveraged credits.

Highlights:

Representatives from the three federal bank regulatory agencies will provide an overview of the interagency guidance with an emphasis on supervisory expectations for sound risk management of leveraged lending activities.
The interagency teleconference will be held on June 19, 2013, from 12:30 p.m. to 2:00 p.m. EDT.
Financial institution officers and employees wishing to participate in this call should register at http://www.surveygizmo.com/s3/1261687/Ask-the-Regulator-New-Guidance-on-Leveraged-Lending. After registering, participants will be provided a call-in number and passcode.
PowerPoint slides are an integral part of the presentation and will be made available before the call on the event notice posted at http://fdic.gov/news/conferences/interagency/2013-06-19.html.
Bankers may submit questions in advance or during the teleconference by following the instructions in the event notice referenced above.

Distribution:
FDIC-Supervised Banks (Commercial and Savings)

Suggested Routing:
Chief Executive Officer
Chief Credit Officer

Attachment:
None

Contact:
Thomas F. Lyons, Senior Examination Specialist, at tlyons@fdic.gov or 202-898-6850

Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at
http://www.fdic.gov/news/news/financial/2013/index.html.

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/index.html.

Paper copies may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).

Last Updated 6/6/2013

communications@fdic.gov