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| TREAS/OCC | RIN: 1557-AB60 | Publication ID: Spring 1999 |
| Title: Management Official Interlocks | |
| Abstract: The rulemaking will amend the current regulations of the OCC and the other Federal banking agencies to conform the regulations to recent changes made to the Depository Institutions Management Interlocks Act (DIMIA). DIMIA was amended to raise the asset threshold for the prohibition against interlocks involving an institution with at least $1 billion in total assets and an institution with at least $500 million in total assets. DIMIA also was amended to expand the exemptive authority of the OCC and other Federal banking agencies. | |
| 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 26 | |
| Legal Authority: 12 USC 93a 12 USC 3201 et seq | |
Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Included in the Regulatory Plan: No | |
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Agency Contact: Mark J. Tenhundfeld Assistant Director Department of the Treasury Comptroller of the Currency Legislative and Regulatory Activities Division, 250 E Street SW, Washington, DC 20219 Phone:202 874-5090 Fax:202 874-4889 Email: mark.tenhundfeld@occ.treas.gov |
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