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    • PRUDENTIAL REGULATION—OCC updates cybersecurity supervision work program structure and references
    • BANKING OPERATIONS—AI aids banks in lending, but overall effect remains unclear, says San Francisco Fed
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    • COMMUNITY DEVELOPMENT—CFR urges passage of Waters bill to increase affordable housing funding
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    • ENFORCEMENT ACTIONS—D.D.C.: Yeltsin-era Russian cabinet member seeks removal from OFAC SDN list
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    • FINANCIAL STABILITY—Preliminary Fed SVB review faults supervisory indecision
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    Banking and Finance Law Daily Wrap Up, FINANCIAL STABILITY—Preliminary Fed SVB review faults supervisory indecision, (Sep 22, 2026)

    Organizations Mentioned:Charles River Associates | Charles River Associates, Inc. | SVB Financial | SVB Financial Group | Silicon Valley Bank | Starling Advisory Group | Twitter

    By Colleen M. Svelnis, J.D.

    The preliminary review found that supervisory staff knew or should have known by June 2022, and perhaps by March, that the bank was highly vulnerable to massive losses, a run, and possible failure.

    The Federal Reserve-commissioned preliminary review o ...

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