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FDIC | RIN: 3064-AE19 | Publication ID: Spring 2016 |
Title: Removal of Transferred OTS Regulations Regarding Electronic Operations | |
Abstract:
The Federal Deposit Insurance Corporation (FDIC) adopted a final rule to rescind and remove from the Code of Federal Regulations the transferred regulation entitled Electronic Operations. This regulation was included in the regulations that were transferred to the FDIC from the Office of Thrift Supervision on July 21, 2011, in connection with the implementation of applicable provisions of title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act. There is no corresponding FDIC Electronic Operations rule and the rule is deemed obsolete, unnecessary, and burdensome. Therefore, the FDIC has decided to rescind and remove the regulation in its entirety.
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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 390 | |
Legal Authority: 12 U.S.C. 1818 12 U.S.C. 1819 12 U.S.C. 1820 5 U.S.C. 504 ... |
Legal Deadline:
None |
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Timetable:
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Additional Information: FDIC Email: Comments@fdic.gov. Include RIN 2064-AE19 on the subject line of the message. | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.fdic.gov/regulations/laws/federal/ | Public Comment URL: www.fdic.gov/regulations/laws/federal/ |
RIN Data Printed in the FR: No | |
Agency Contact: Jennifer Maree Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6543 Email: jmaree@fdic.gov Frederick Coleman Examination Specialist Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:703 254-0452 Email: fcoleman@fdic.gov |