The NCBA has joined with other bankers associations in submitting a comment letter to the FDIC. The letter expresses strong support for key aspects of an FDIC proposal to adjust and index certain regulatory reporting thresholds to account for factors like inflation. The letter also provides constructive suggestions, such as how to recalibrate the thresholds for annual independent audit and reporting requirements.
NCBA Supports Indexing Regulatory Thresholds
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