Issue at a Glance
Volume 7, Issue 1 Summer 2010
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Letter from the Director
FDIC Loss-Sharing Agreements: A Primer
As the current banking crisis evolved, the FDIC increasingly has
used an indemnification structure known as a loss-sharing agreement (LSA).
LSAs are viewed favorably from a supervisory perspective as they can
significantly reduce loss exposure for an acquirer of failed bank assets.
This article discusses key supervisory considerations for LSAs, including
a summary of loss-sharing structures, an overview of examination procedures
for reviewing assets covered by LSAs, important accounting issues, and
guidelines for establishing adverse classifications.
From the Examiner’s Desk:
Amendments to Regulation Z: Compliance
Challenges for Bankers and Examiners
The enactment of the Credit Card Accountability Responsibility and
Disclosure Act of 2009 and amendments to Regulation Z have strengthened
protections for consumers under open-end credit plans. This article identifies
key changes facing the banking industry and offers suggestions for how
examiners may approach the evaluation of a bank’s compliance with
Regulatory and Supervisory Roundup
This feature provides an overview of recently released regulations
and supervisory guidance.