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| TREAS/OCC | RIN: 1557-AB12 | Publication ID: Fall 1996 |
| Title: Fiduciary Activities of National Banks; Regulation Review | |
| Abstract: The OCC, as part of the OCC Regulation Review Program, is reviewing all its rules and eliminating or modifying regulations that impose unnecessary burdens relative to maintaining safety and soundness and accomplishing other statutory responsibilities of the OCC. As part of that Program, the OCC is conducting an overall review of its rules regarding fiduciary powers of national banks and collective investment funds. The OCC would update and clarify its rules, codify recent court decisions, codify administrative decisions, streamline processes, and eliminate any unnecessary regulatory burden. | |
| Agency: Department of the Treasury(TREAS) | 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 9 | |
| Legal Authority: 12 USC 24(Seventh) 12 USC 92a 12 USC 93a 12 USC 481 15 USC 78c(a)(34)(B) 15 USC 78q 15 USC 78q-1 15 USC 78w | |
Timetable:
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| Additional Information: ADDITIONAL AGENCY CONTACT: Dean E. Miller, Senior Advisor for Fiduciary Responsibilities, (202)874-4852, fax (202)874-5221, 250 E Street SW., Washington, DC 20219. | |
| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Included in the Regulatory Plan: No | |
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Agency Contact: Andrew Gutierrez Attorney Department of the Treasury Comptroller of the Currency Legislative and Regulatory Activities, Division, 250 E Street SW, Washington, DC 20219 Phone:202 874-5090 Email: andrew.gutierrez@occ.treas.gov |
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