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FDIC RIN: 3064-AG07 Publication ID: 2026 
Title: Recordkeeping for Custodial Accounts 
Abstract:

The FDIC plans to issue a final rule that would strengthen FDIC-insured depository institutions’ recordkeeping for custodial deposit accounts. The final rule is intended to promote the FDIC’s ability to promptly make deposit insurance determinations and, if necessary, pay deposit insurance claims as soon as possible in the event of the failure of an institution holding custodial deposit accounts.

 
Agency: Federal Deposit Insurance Corporation(FDIC)  Priority: Economically Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: Undetermined  Unfunded Mandates: No 
EO 14192 Designation: Regulatory 
CFR Citation: 12 CFR 375   
Legal Authority: 12 U.S.C. 1819(a)(Tenth)    12 U.S.C. 1820(g)    12 U.S.C. 1821(d)(4)(B)(iv)    12 U.S.C. 1821(f)    12 U.S.C. 1822(c)    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  10/02/2024  89 FR 80135   
NPRM Comment Period Extended  11/20/2024  89 FR 91586   
NPRM Comment Period End  12/02/2024 
Comment Period Extended End  01/16/2025 
Final Rule  To Be Determined 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
James Watts
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-6678
Email: jwatts@fdic.gov