RIN Data
| FDIC | RIN: 3064-AF92 | Publication ID: Fall 2024 |
| Title: Fair Hiring in Banking Act | |
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Abstract:
Section 19 of the FDI Act (12 U.S.C. 1829), among other provisions, requires persons with certain covered criminal offenses on their records to obtain prior written consent from the FDIC before participating in the conduct of the affairs of any insured depository institution. On December 23, 2022, the President signed into law the Fair Hiring in Banking Act (Act), which was a part of the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023. The Act significantly revised section 19 and was effective immediately. Accordingly, the FDIC amended its section 19 regulations under 12 CFR part 303, subpart L, due to the Act. |
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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: Completed Actions |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 303 12 CFR 308 | |
| Legal Authority: 12 U.S.C. 1829, as amended by Pub. L. 117–263, sec. 5705 (2022) | |
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Legal Deadline:
None |
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Timetable:
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| Additional Information: Email: comments@fdic.gov. Please include RIN 3064-AF92 in the subject line of communications. The Act requires the FDIC, "In carrying out [the revisions to Section 19, to] consult and coordinate with the National Credit Union Administration as needed to promote consistent implementation where appropriate." Accordingly, the FDIC will consult and coordinate with NCUA staff--as well as staff from the FRB and OCC--regarding the implementation of the Act, including through rulemaking(s). | |
| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| RIN Information URL: https://www.fdic.gov/resources/regulations/federal-register-publications/ | Public Comment URL: https://www.fdic.gov/resources/regulations/federal-register-publications/ |
| RIN Data Printed in the FR: No | |
| Related RINs: Related to 3064-AF19 | |
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Agency Contact: Graham N. Rehrig Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-3829 Email: grehrig@fdic.gov Kristine Schmidt Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6686 Email: krschmidt@fdic.gov Tim Schuett Review Examiner Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:763 614-9473 Email: tschuett@fdic.gov Brian Zeller Review Examiner Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:571 345-8170 Email: bzeller@fdic.gov |
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