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FDIC | RIN: 3064-AE24 | Publication ID: Spring 2015 |
Title: Filing Requirements and Processing Procedures for Changes in Control With Respect to State Nonmember Banks and State Savings Associations | |
Abstract:
The FDIC is proposing to amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (Notices). The amendments are intended to accomplish several objectives. First, the rule would consolidate into one subpart the current requirements and procedures for Notices filed with respect to State nonmember banks and certain parent companies thereof, and the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof. Second, the rule would rescind the FDIC’s separate regulation governing the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof and would rescind any guidance issued by the Office of Thrift Supervision relating to changes in control of State savings associations that is inconsistent with the rule. Third, the rule would adopt the best practices of the related regulations of the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System. Finally, the rule would clarify the FDIC’s requirements and procedures based on its experience interpreting and implementing the existing regulation. This rule is also part of the FDIC’s continuing review of its regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996.
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Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 303 12 CFR 391 | |
Legal Authority: 12 U.S.C. 378 12 U.S.C. 1464 12 U.S.C. 1813 12 U.S.C. 1815 ... |
Legal Deadline:
None |
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Timetable:
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Additional Information: Email: Comments@fdic.gov. Include RIN # 3064-AE24 on the subject line of the message. | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.fdic.gov/regulations/laws/federal | Public Comment URL: www.fdic.gov/regulations/laws/federal |
RIN Data Printed in the FR: No | |
Agency Contact: Ann Johnson Taylor Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3573 Email: ajohnsontaylor@fdic.gov Gregory S. Feder Counsel Federal Deposit Insurance Corporation 550 17th Street NW, MB-3052, Washington, DC 20429 Phone:202 898-8724 Email: gfeder@fdic.gov Rachel J. Ackmann Senior Attorney Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6858 Email: rackmann@fdic.gov |