FDIC Makes Public May Enforcement Actions; No Administrative Hearings Scheduled For July 2022
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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 May 2022 as there are no administrative hearings scheduled for July 2022.
The FDIC issued 14 Orders in May 2022. The administrative enforcement actions in those Orders consisted of two consent orders, one modification of an 8(e) prohibition order, three orders to pay civil money penalty, three orders of prohibition, two section 19 orders, and one order of prohibition from further participation and order to pay, one order terminating amended supervisory prompt corrective action directive, and one order of termination of insurance.
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