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FDIC | RIN: 3064-AD26 | Publication ID: Fall 2008 |
Title: Processing of Deposit Accounts in the Event of an Insured Depository Institution Failure and Large-Bank Deposit Insurance Determination Modernization | |
Abstract: The FDIC is seeking comment on a proposed rule composed of two parts. The first part would establish the FDIC's practice for determining deposit account balances at a failed insured depository institution. The second part would require the largest insured depository institutions to adopt mechanisms that would, in the event of the institution's failure: Provide the FDIC with standard deposit account and customer information; and allow the FDIC to place and release holds on liability accounts, including deposits. | |
Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 360 | |
Legal Authority: 12 USC 1821(d)(1) 12 USC 1821(d)(10)(c) 12 USC 1821(d)(11) 12 USC 1821(e)(1) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: http://www.fdic.gov/regulations/laws/federal/2008/08propose114.pdf | Public Comment URL: http://www.fdic.gov/regulations/laws/federal/2008/08comAD26.html |
RIN Data Printed in the FR: No | |
Related RINs: Duplicate of 3064-AC98 | |
Agency Contact: Joseph A. DiNuzzo Counsel, Legal Division Federal Deposit Insurance Corporation Washington, DC 20429 Phone:202 898-7349 Christopher L. Hencke Counsel, Legal Division Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-8839 Catherine Ribnick Counsel, Legal Division Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 736-0117 Email: cribnick@fdic.gov James Marino Project Manager Federal Deposit Insurance Corporation Washington, DC 20429 Phone:202 898-7151 |