LEGAL/POLICY

FDIC Makes Public March Enforcement Actions; No Administrative Hearings Scheduled For May 2022

By Godson Umejiego, Senior Correspondent, USA

The Federal Deposit Insurance Corporation (FDIC) has released a list of orders of administrative enforcement actions taken against banks and individuals in March 2022.  There are no administrative hearings scheduled for May 2022.

The FDIC issued 13 Orders in March 2022. 

The administrative enforcement actions in those Orders consisted of six orders terminating consent order, one order to pay civil money penalty, five Section 19 orders, and one order of termination of insurance.

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