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TREAS/OCC | RIN: 1557-AE21 | Publication ID: Spring 2020 |
Title: Employment Contracts, Mutual to Stock Conversions, Technical Amendments | |
Abstract:
The OCC issued a proposed rule to implement changes recommended in the March 2017 Economic Growth and Regulatory Paperwork Reduction Act report, including the repeal of the OCC’s employment contract rule for Federal savings associations, and amend the OCC’s fiduciary rules. The proposed rule also would amend the OCC’s rule for conversions from mutual to stock form of a savings association to reduce burden, increase flexibility, and update cross-references. Additionally, the proposed rule would update cross-references to repealed and integrated rules, remove unnecessary definitions, and make technical changes to other OCC rules. |
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Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 3 12 CFR 4 12 CFR 11 12 CFR 16 12 CFR 19 12 CFR 23 12 CFR 26 12 CFR 32 12 CFR 108 12 CFR 112 12 CFR 141 12 CFR 160 12 CFR 161 12 CFR 163 12 CFR 192 | |
Legal Authority: 12 U.S.C. 1462a 12 U.S.C. 1463 12 U.S.C. 1464 12 U.S.C. 1467a 12 U.S.C. 1817 12 U.S.C. 1820 12 U.S.C. 1828 12 U.S.C. 1831o 12 U.S.C. 3806 12 U.S.C. 5101 et seq. 12 U.S.C. 5412(b)(2)(B) 31 U.S.C. 5318 42 U.S.C. 4106 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0041 | Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0041 |
RIN Data Printed in the FR: No | |
Agency Contact: Marta Stewart-Bates Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 425 South Financial Place, Suite 1700, Chicago, IL 60605-1073 Phone:202 649-5609 Email: marta.stewart-bates@occ.treas.gov |