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FDIC RIN: 3064-AD30 Publication ID: Spring 2009 
Title: Recordkeeping Requirements for Qualified Financial Contracts 
Abstract: The FDIC adopted its final rule establishing recordkeeping requirements for qualified financial contracts (QFCs) held by insured depository institutions in a troubled condition as defined in this rule. The appendix to the rule requires an institution in a troubled condition, upon written notification by the FDIC, to produce immediately at the close of processing of the institution's business day, for a period provided in the notification, the electronic files for certain position level and counterparty level data; electronic or written lists of QFC counterparty and portfolio location identifiers, certain affiliates of the institution and the institution's counterparties to QFC transactions, contact information and organizational charts for key personnel involved in QFC activities, and contact information for vendors for such activities; and copies of key agreements and related documents for each QFC. 
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 370   
Legal Authority: 12 USC 1819(a)(Tenth)    12 USC 1820(g)    12 USC 1821(e)(8)(D) and (H)    12 USC 1820(g)    12 USC 1831g    12 USC 1831i    12 USC 1831s   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/28/2008  73 FR 43635   
NPRM Comment Period End  09/26/2008    
Final Rule  12/22/2008  73 FR 78162   
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/2008/08ruleAD30.pdf   Public Comment URL: http://www.fdic.gov/regulations/laws/federal/2008/08comAD30.html  
RIN Data Printed in the FR: No 
Agency Contact:
Penfield Starke
Counsel, Litigation & Resolutions Branch, Legal Division
Federal Deposit Insurance Corporation
3501 N. Fairfax Drive, VS-E-7092,
Arlington, VA 22226
Phone:703 562-2422
Email: rstarke@fdic.gov

Michael Phillips
Counsel
Federal Deposit Insurance Corporation
550 17th Street NW,
Washington, DC 20429
Phone:202 898-3581
Email: mphillips@fdic.gov