FDIC: Agencies Issue Statement on Elder Financial Exploitation
December 06, 2024
December 06, 2024
WASHINGTON, Dec. 6 -- The Federal Deposit Insurance Corporation issued the following news release on Dec. 4, 2024:
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement (https://www.fdic.gov/system/files/2024-12/interagency-statement-on-elder-financial-exploitation.pdf) today to provide supervised institutions with examples of risk management and other practices that may be effective in combat . . .
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement (https://www.fdic.gov/system/files/2024-12/interagency-statement-on-elder-financial-exploitation.pdf) today to provide supervised institutions with examples of risk management and other practices that may be effective in combat . . .