The E-mail Banking News
(Bank Regulatory News)

November 2024

Yennik, Inc. has clients in 43 states that rely on our cybersecurity audits to ensure proper Internet security settings and to meet the independent diagnostic test requirements of FDIC, OCC, FRB, and NCUA, which provides compliance with Gramm-Leach Bliley Act 501(b) s well as the penetration test complies with the FFIEC Cybersecurity Assessment Tool regarding resilience testing The cybersecurity penetration audit and Internet security testing is an affordable-sophisticated process than goes far beyond the simple scanning of ports.  The audit focuses on a hacker's perspective, which will help you identify real-world cybersecurity weaknesses.  For more information, give R. Kinney Williams a call today at Office/Cell 806-535-8300 or visit http://www.internetbankingaudits.com/.

Virtual/remote audits - I am performing virtual/remote FFIEC IT/AIO audits for banks and credit unions. I am a former bank examiner with years of IT auditing experience. Please contact R. Kinney Williams at examiner@yennik.com from your bank's email and I will send you information and fees. All correspondence is confidential.

November 7, 2024 - Investment Connection - Oklahoma 2024 - Presentations on eight new and existing community and economic development proposals from across Oklahoma will be shared. www.kansascityfed.org/events/investment-connection-ok-11-20-2024/

November 7, 2024 - 2024 Virtual Accounting Roundtable - This roundtable provides participants with an opportunity to engage policy makers while enhancing communication between regulators and accounting and auditing professionals. www.kansascityfed.org/banking/2024-virtual-accounting-roundtable/

November 7, 2024 - Expertise, AI, and the Work of the Future - Please join us on December 4 for a live presentation on artificial intelligence and the work of the future from David Autor, the Daniel (1972) and Gail Rubinfeld Professor in the MIT Department of Economics. www.frbsf.org/news-and-media/events/2024/12/david-autor-expertise-artificial-intelligence-and-work-of-the-future/

November 5, 2024 - OCC Designates Three Senior National Bank Examiners - The Senior National Bank Examiner designation recognizes examiners who have distinguished themselves through high-quality performance and service as field examiners, subject matter experts, and advisors on highly complex and technical bank supervision issues. www.occ.gov/news-issuances/news-releases/2024/nr-occ-2024-122.html

November 5, 2024 - 2024 Virtual Accounting Roundtable - This roundtable provides participants with an opportunity to engage policy makers while enhancing communication between regulators and accounting and auditing professionals. www.kansascityfed.org/banking/2024-virtual-accounting-roundtable/

November 5, 2024 - LMCI activity level declined slightly and moment changed little in October - The level of activity decreased by 0.06 in October, from 0.47 to 0.41, though it remains above its historical average. www.kansascityfed.org/data-and-trends/lmci/the-kc-fed-lmci-suggests-the-level-of-activity-declined-slightly-and-momentum-was-little-changed-in-october/

November 5, 2024 - Guidance to Help Financial Institutions and Facilitate Recovery in Areas of South Dakota Affected by the Cheyenne River Sioux Tribe Severe Storm, Straight-line Winds, and Flooding - The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas affected by the Cheyenne River Sioux Tribe severe storm, straight-line winds, and flooding. www.fdic.gov/news/financial-institution-letters/2024/guidance-help-financial-institutions-and-facilitate-32

November 5, 2024 - Guidance to Help Financial Institutions and Facilitate Recovery in Areas of New Mexico Affected by a Severe Storm and Flooding - The FDIC has announced a series of steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of New Mexico affected by the severe storm and flooding. www.fdic.gov/news/financial-institution-letters/2024/guidance-help-financial-institutions-and-facilitate-31

November 5, 2024 - FDIC to Unveil Online Tool to Promote Creation of New - Banks at the Minority Depository Institutions Subcommittee Meeting - The FDIC’s new Minority Banking Opportunity Explorer will be presented at a meeting of the agency’s Minority Depository Institutions Subcommittee to the Advisory Committee on Community Banking on November 6, 2024. www.fdic.gov/news/press-releases/2024/fdic-unveil-online-tool-promote-creation-new-minority-banks-minority

November 4, 2024 - 2024 Virtual Accounting Roundtable - This roundtable provides participants with an opportunity to engage policy makers while enhancing communication between regulators and accounting and auditing professionals. www.kansascityfed.org/banking/2024-virtual-accounting-roundtable/

November 4, 2024 - FDIC Issues List of Banks Examined for CRA Compliance - The Federal Deposit Insurance Corporation today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act. www.fdic.gov/news/press-releases/2024/fdic-issues-list-banks-examined-cra-compliance-5

November 1, 2024 - The Evolution of Disagreement About Long-Run Inflation, 2007–24 - In this article, we examine disagreement about long-run U.S. inflation in two closely watched surveys over the period 2007-24. www.chicagofed.org/publications/chicago-fed-letter/2024/502

November 1, 2024 - Energy and the Economy: Meeting Rising Energy Demand - The Federal Reserve Banks of Dallas and Kansas City will host their ninth joint energy conference on November 13 in Dallas. www.kansascityfed.org/energy/energy-conference/energy-and-the-economy-meeting-rising-energy-demand/

November 1, 2024 - Expertise, AI, and the Work of the Future - Please join us on December 4 for a live presentation on artificial intelligence and the work of the future from David Autor, the Daniel (1972) and Gail Rubinfeld Professor in the MIT Department of Economics. www.frbsf.org/news-and-media/events/2024/12/david-autor-expertise-artificial-intelligence-and-work-of-the-future/

November 1, 2024 - Credit and Liquidity Programs and the Balance Sheet - Recent balance sheet trends, weekly chart update. www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

November 1, 2024 - FOIA - Chair Powell's calendar, September 2024. www.federalreserve.gov/foia/chair-powell-calendar-092024.htm

FYI - Don't forget to follow me on LinkedIn at https://www.linkedin.com/in/yennik where I post a weekly question on IT and cybersecurity auditing.

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The E-mail Banking News at 
https://yennik.com/newletter_page.htm.  There is no charge for the e-newsletter.  
Contact R. Kinney Williams at examiner@yennik.com if you have any questions.

PLEASE NOTE:  Some of the above links may not function properly because the regulatory agency has changed the URL.  Please e-mail us at examiner@yennik.com if we can be of assistance.  


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