Banking


The Federal Financial Institutions Examination Council (FFIEC) in March issued the Retail Payment Systems Booklet, which contains revised guidance for examiners, financial institutions and technology service providers on risks associated with retail payment systems ( www.ffiec.gov/ffiecinfobase/html_pages/it_01.html ). It is the latest in a series of updates to the 1996 FFIEC Information Systems Examination Handbook . Established in 1979 to prescribe uniform principles, standards and report forms and to promote uniformity in the supervision of financial institutions, the council ( www.ffiec.gov ) comprises the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp., the National Credit Union Administration, the Office of the Comptroller of the Currency and the Office of Thrift Supervision.

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QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.