RIN Data
FDIC | RIN: 3064-AE33 | Publication ID: Fall 2016 |
Title: Recordkeeping for Timely Deposit Insurance Determination | |
Abstract:
The Federal Deposit Insurance Corporation (FDIC) sought comment on a proposed rule that would facilitate prompt payment of FDIC-insured deposits when large insured depository institutions fail. The proposal required insured depository institutions that have two million or more deposit accounts to maintain complete and accurate data on each depositor’s ownership interest by right and capacity for all of the institution’s deposit accounts, and to develop the capability to calculate the insured and uninsured amounts for each deposit owner by ownership right and capacity for all deposit accounts, which would be used by the FDIC to make deposit insurance determinations in the event of the insured depository institution’s failure.
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Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 370 | |
Legal Authority: 12 U.S.C. 1819(Tenth) 12 U.S.C. 1821(f)(1) 12 U.S.C. 1822(c) 12 U.S.C. 1823(c)(4) |
Legal Deadline:
None |
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Timetable:
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Additional Information: Email: Comments@fdic.gov. Include RIN 3064-AE33 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: http://www.fdic.gov/regulations/laws/federal/propose.html | Public Comment URL: http://www.fdic.gov/regulations/laws/federal/propose.html |
RIN Data Printed in the FR: No | |
Agency Contact: Marc Steckel Deputy Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3618 Email: msteckel@fdic.gov Teresa Franks Assistant Director Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:571 858-8226 Email: tfranks@fdic.gov Shane Kiernan Counsel Federal Deposit Insurance Corporation 550 17th Street NW, VS-D-7116, Washington, DC 20429-0002 Phone:703 562-2632 Email: skiernan@fdic.gov |