Supervisory Policy and Guidance Topics
Enforcement
The Federal Reserve may take informal and formal enforcement actions against entities it supervises and individuals affiliated with such entities, for violations of laws, rules or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of written commitments. Formal actions include cease and desist orders, written agreements, PCA Directives, removal and prohibition orders, and orders assessing civil money penalties. Informal enforcement actions are used when circumstances warrant a less severe form of action than a formal action. Examples of informal actions include: commitments, board resolutions, and memoranda of understanding.
Policy Letters
EnforcementStatus of Certain Investment Funds and their Portfolio Investments for Purposes of Regulation O and Reporting Requirements under Part 363 of FDIC Regulations
Policy Statement on Whistleblower Claims
Joint Statement on Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements
Statement Regarding Insurance Policies for Directors and Officers
Policy Statement on Interagency Notification of Formal Enforcement Actions
Interagency Statement on Restrictions on Conversions of Troubled Banks
Suspicious Activity Reports and Enforcement Actions against Individuals
Guidance Regarding Restrictions on Institutions in Troubled Condition
Guidance Regarding Indemnification Agreements and Payments
Civil Money Penalty Assessment Procedures
Civil Money Penalties and the Use of the Civil Money Penalty Assessment Matrix
Additional Resources
Manual References
- Bank Holding Company Supervision Manual
- Section 1075.0, "Formal Corrective Actions"
- Commercial Bank Examination Manual
- Section 1050.1, "Formal and Informal Supervisory Actions"