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FDIC | RIN: 3064-AF14 | Publication ID: Fall 2019 |
Title: ●Removal of Transferred OTS Regulations Regarding Certain Regulations for the Operations of State Savings Associations | |
Abstract:
The FDIC is proposing to rescind and remove from the Code of Federal Regulations 12 CFR part 390, subpart S, entitled State Savings Associations Operations (part 390, subpart S). This subpart applies solely to State savings associations and 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 title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Part 390, subpart S is unnecessary and generally duplicative of currently applicable provisions of law with respect to the State savings association operational requirements. Certain amendments to existing regulations in 12 CFR part 303, subpart D Merger Transactions, 12 CFR part 303, subpart F Change of Director or Senior Executive Officer, 12 CFR Part 326 Minimum Security Devices and Procedures and Bank Secrecy Act Compliance, and 12 CFR Part 337 Unsafe and Unsound Banking Practices will be proposed to incorporate State savings associations where necessary. |
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Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 390.330-368 | |
Legal Authority: 12 U.S.C. 1819 (Tenth) |
Legal Deadline:
None |
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Timetable:
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Additional Information: Email: Comments@FDIC.gov. Please include RIN 3064-AF14 in the subject line of the email. | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.fdic.gov/regulations/laws/federal/ | Public Comment URL: https://www.fdic.gov/regulations/laws/federal/ |
RIN Data Printed in the FR: No | |
Agency Contact: Suzanne Dawley Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6509 Email: sdawley@fdic.gov Gregory S. Feder Counsel Federal Deposit Insurance Corporation 550 17th Street NW, MB-3052, Washington, DC 20429 Phone:202 898-8724 Email: gfeder@fdic.gov |