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FRS | RIN: 7100-AE73 | Publication ID: Spring 2018 |
Title: Source of Strength (Section 610 Review) | |
Abstract:
The Board of Governors of the Federal Reserve System (Board), the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) plan to issue a proposed rule to implement section 616(d) of the Dodd-Frank Wall Street Reform and Consumer Protection Act by December 2018. Section 616(d) requires that bank holding companies, savings and loan holding companies, and other companies that directly or indirectly control an insured depository institution serve as a source of strength for the insured depository institution. |
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Agency: Federal Reserve System(FRS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
RFA Section 610 Review: Section 610 Review | |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 12 U.S.C. 1831(o) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: Yes | |
Agency Contact: Conni Allen Special Counsel Federal Reserve System Division of Supervision and Regulation, Washington, DC 20551 Phone:202 912-4334 Melissa Clark Lead Financial Institution Policy Analyst Federal Reserve System Division of Supervision and Regulation, Washington, DC 20551 Phone:202 452-2277 Barbara Bouchard Senior Associate Director Federal Reserve System Division of Supervision and Regulation, Washington, DC 20551 Phone:202 452-3072 Jay Schwarz Assistant General Counsel Federal Reserve System Legal Division, Washington, DC 20551 Phone:202 452-2970 Will Giles Senior Counsel Federal Reserve System Legal Division, Washington, DC 20551 Phone:202 452-3351 Claudia Von Pervieux Senior Counsel Federal Reserve System Legal Division, Washington, DC 20551 Phone:202 452-2552 |