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Home > Regulation & Examinations > Laws & Regulations > FDIC Federal Register Citations




FDIC Federal Register Citations
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
From the Federal Register Online via GPO Access

[Page 74180-74186]

Federal Deposit Insurance Corporation
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Part LII

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Semiannual Regulatory Agenda

[[Page 74180]]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)

_______________________________________________________________________

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Ch. III

Semiannual Agenda of Regulations

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is hereby
publishing items for the fall 2004 Unified Agenda of Federal Regulatory
and Deregulatory Actions. The agenda contains information about FDIC's
current and projected rulemakings, existing regulations under review,
and completed rulemakings.

FOR FURTHER INFORMATION CONTACT: Persons identified under regulations
listed in the agenda. Unless otherwise noted, the address for all FDIC
staff identified in the agenda is Federal Deposit Insurance
Corporation, 550 17th Street NW., Washington, DC 20429.

SUPPLEMENTARY INFORMATION: Twice each year, FDIC publishes an agenda of
regulations to inform the public of its regulatory actions and to
enhance public participation in the rulemaking process. Publication of
the agenda is in accordance with the Regulatory Flexibility Act (5
U.S.C. 601 et seq.). FDIC amends its regulations under the general
rulemaking authority prescribed in section 9 of the Federal Deposit
Insurance Act (12 U.S.C. 1819) and under specific authority granted by
the Act and other statutes.

     During the past six months, FDIC amended its regulations in 12
CFR 352 in order to update certain information and implement
section 508 of the Rehabilitation Act. Section 508 requires each
Federal agency or department to ensure that the electronic and
information technology (EIT) they develop or procure allows
individuals with disabilities access to EIT comparable to the
access of those who are not disabled, unless the agency would incur
an undue burden.

     Additionally, FDIC, along with the Office of the Comptroller
of the Currency, the Board of Governors of the Federal Reserve
System, and the Office of Thrift Supervision, amended their risk-
based capital standards by removing a sunset provision that would
preclude a certain capital treatment for asset-backed commercial
paper (ABCP) programs after a certain date. The final rule
permanently permits sponsoring banks, bank holding companies, and
thrifts (collectively, sponsoring banking organizations) to exclude
from their risk-weighted asset base those assets in ABCP programs
that are consolidated onto sponsoring banking organizations'
balance sheets as a result of Financial Accounting Standards Board
Interpretation No. 46, Consolidation of Variable Interest Entities,
as revised (FIN 46-R).

     Interested persons may petition FDIC for the issuance,
amendment, or repeal of any regulation by submitting a written
petition to the Executive Secretary, Federal Deposit Insurance
Corporation, Washington, DC 20429. Petitioners should include
complete and concise statements of their interest in the subject
matter and reasons why the petitions should be granted.

Federal Deposit Insurance Corporation.

 Robert E. Feldman,

Executive Secretary.


 

FFDIC Proposed Rule Stage  

Sequence Number

           Title

Regulation Identification Number
3998 12 CFR 327 Assessments--Assessment Base 3064-AB46
3999 12  CFR 342 Qualification Requirements for the Recommendation or Sale of Certain Securities 3064-AB85
4000 12 CFR 334 Fair Credit Reporting Act Regulaltions 3064-AC-35
4001 Risk-Based Guidelines: Implementation of New Basel Capital Accord 3064-AC-73

                                 FDIC Final Rule Stage

 
Sequence Number

           Title

Regulation Identification Number
4002 12 CFR 303 Filing Procedures; Transactions With Affiliates 3064-AC78
4003 Definition of "Deposit" Stored Value Cards 3064-AC80
4004 Fair Credit Reporting Medical Information Regulations 3064-AC81
4005 Community Reinvestment Act 3064-AC82
4006 Fair Credit Reporting Affiliate Marketing Regulations 3064-AC83
4007 Deposit Insurance Assessments: Certified Statements 3064-AC84
4008 12 CFR 303 International Banking 3064-AC85

FDIC Long-Term Actions

Sequence Number

           Title

Regulation Identification Number
4009 12 CFR 325 Risk-Based Capital Guidelines: Market Risk Measure; Securities Borrowing Transactions 3064-AC46
4010 12 CFR 345 Community Reinvestment Act Regulations (Section 610 Review) 3064-AC50
4011 Regulatory Publication and Review 3064-AC59
4012 12 CFR 334 Proper Disposal of Consumer Information Under the Fair and Accurate Credit Transactions Act of 2003 3064-AC77

FDIC - Completed Actions

Sequence Number

           Title

Regulation Identification Number
4013 12 CFR 330 Deposit Insurance Coverage 3064-AC43
4014 Risk-Based Guidelines: Capital Adequacy Guidelines; Capital Maintenance 3064-AC74
4015 Risk-Based Capital Guidelines: Capital Adequacy Guidelines; Capital Maintenance 3064-AC75
4016 Securities of Nonmember Insured Banks 3064-AC79
4017 Rules of Practice and Procedure 3064-AC86

_______________________________________________________________________

Federal Deposit Insurance Corporation (FDIC)        Proposed Rule Stage

_______________________________________________________________________

3998. ASSESSMENTS--ASSESSMENT BASE

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 1441; 12 USC 1817 to 1819

CFR Citation: 12 CFR 327

Legal Deadline: None

Abstract: In 1994, FDIC sought comment on a proposal to revise the
assessment base used by insured institutions to determine the premium
paid for deposit insurance. That initiative did not lead to a proposed
rule. Instead, FDIC plans to revisit the issue with a new advance
notice of proposed rulemaking on alternative options for the deposit
component of the assessment base and on options regarding the float
deduction and use of average daily deposit balances.

Timetable:
 

Action  Date  FR Cite
ANPRM 10/05/94 59 FR 50710
ANPRM Comment Period End 02/02/95  
NPRM 03/00/05  

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Munsell St. Clair, Senior Policy Analyst, Division of
Insurance and Research, Federal Deposit Insurance Corporation,
Washington, DC 20429
Phone: 202 898-8967

RIN: 3064-AB46
_______________________________________________________________________

3999. QUALIFICATION REQUIREMENTS FOR THE RECOMMENDATION OR SALE OF
CERTAIN SECURITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1818; 12 USC 1831

CFR Citation: 12 CFR 342

Legal Deadline: Final, Statutory, May 12, 2001, recordkeeping
requirement.

Abstract: This proposal, sponsored jointly by OCC, FRB, and FDIC, would
establish qualifications for banks that sell certain securities to
their customers without having to register as a broker under the
Securities Exchange Act. FDIC staff are contemplating a recommendation
to rescind this proposal and replace it with a second notice of
proposed rulemaking to exempt banks from registering with the NASD/SEC
as securities brokers or dealers in the event that they qualify under
any of the exemption criterion in the Gramm-Leach-Bliley Act, sections
201 or 202, which are being withdrawn until further notice.

Timetable:
 

Action  Date  FR Cite
NPRM 12/30/96 61 FR 68824
NPRM Comment Period End 02/28/97  
Second NPRM 07/00/05  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

Related RIN: Related to 3064-AC42
RIN: 3064-AB85
_______________________________________________________________________

4000. FAIR CREDIT REPORTING ACT REGULATIONS

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 15 USC 1681s; 12 USC 1819(a)(Tenth)

CFR Citation: 12 CFR 334

Legal Deadline: None

Abstract: Section 506 of the Gramm-Leach-Bliley Act (Act) authorizes
the Federal banking agencies to publish Fair Credit Reporting Act
regulations to carry out the purposes of the Act. Due

[[Page 74182]]

to comments received from a joint notice of proposed rulemaking, dated
October 20, 2000, it is anticipated that the agencies will issue a new
proposed rulemaking for public comment.

Timetable:
 

Action  Date  FR Cite
NPRM 10/20/00 65 FR 63120
NPRM Comment Period End 12/04/00  
Second NPRM 06/00/05  

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert A. Patrick, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3757

RIN: 3064-AC35
_______________________________________________________________________

4001. RISK-BASED GUIDELINES: IMPLEMENTATION OF NEW BASEL CAPITAL ACCORD

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: Not Yet Determined

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: This joint advance notice of proposed rulemaking sponsored by
OCC, FRB, FDIC, and OTS, describes significant elements of the advanced
internal ratings-based approach for credit risk and the advanced
measurement approaches for operational risk.

Timetable:

Action  Date  FR Cite
ANPRM 08/04/03 68 FR 45900
NPRM 07/00/05  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/publiccomments/basel/index.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/publiccomments/basel/index.html

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

RIN: 3064-AC73
_______________________________________________________________________
Federal Deposit Insurance Corporation (FDIC)           Final Rule Stage

_______________________________________________________________________

4002. FILING PROCEDURES; TRANSACTIONS WITH AFFILIATES

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 1819 (Tenth); 12 USC 1828 (j)(1); 12 USC 378;
12 USC 1813; 12 USC 1815; 12 USC 1817; 12 USC 1818; 12 USC 1819
(Seventh); 12 USC 1820; 12 USC 1823; 12 USC 1828; 12 USC 1831a; 12 USC
1831e; 12 USC 1831o; 12 USC 1831p-1; 12 USC 1831w; 12 USC 1835a; 12 USC
1843(l); 12 USC 3104; 12 USC 3105; 12 USC 3108; 12 USC 3207; 15 USC
1601 to 1607

CFR Citation: 12 CFR 303; 12 CFR 324

Legal Deadline: None

Abstract: FDIC is proposing to adopt its own regulation that would
cross reference Regulation W to make it clear that insured State
nonmember banks are subject to the restrictions and limitations, and
may take advantage of the exemptions, contained in Regulation W.

Timetable:

Action  Date  FR Cite
NPRM 03/17/04 69 FR 12571
NPRM Comment Period End 05/03/04  
Final Action 12/00/04  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04comfiling.html

Agency Contact: Pamela E. F. LeCren, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3730

RIN: 3064-AC78
_______________________________________________________________________

4003. DEFINITION OF ``DEPOSIT'' STORED VALUE CARDS

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Unfunded Mandates: Undetermined

Legal Authority: 12 USC 378; 12 USC 1813; 12 USC 1815; 12 USC 1816; 12
USC 1817; 12 USC 1818; 12 USC 1819 (Seventh); 12 USC 1820; 12 USC 1823;
12 USC 1828; 12 USC 1831a; 12 USC 1831e; 12 USC 1831o; 12 USC 1831p-1;
12 USC 1835a; 12 USC 3104; 12 USC 3105; 12 USC 3108; 12 USC 3207; 15
USC 1601 to 1607; 12 USC 1819 (Tenth)

CFR Citation: 12 CFR 303

Legal Deadline: None

Abstract: FDIC is publishing for notice and comment a proposed rule
that would clarify the meaning of ``deposit'' as that term relates to
funds at insured depository institutions underlying stored value cards.

Timetable:

Action  Date  FR Cite
NPRM 04/16/04 69 FR 20588
NPRM Comment Period End 07/15/04  
Final Action 12/00/04  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04comdepositdef.html

Agency Contact: Christopher L. Hencke, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-8839

RIN: 3064-AC80

[[Page 74183]]

_______________________________________________________________________

4004. FAIR CREDIT REPORTING MEDICAL INFORMATION REGULATIONS

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 1818; 12 USC 1819 (Tenth); 15 USC 1681b; 15 USC
1681s

CFR Citation: 12 CFR 334

Legal Deadline: None

Abstract: OCC, FRB, FDIC, OTS, and NCUA are publishing for comment
proposed regulations implementing section 411 of the Fair and Accurate
Credit Transactions Act of 2003 (FACT Act). Public Law 108-159, 117
Stat. 1952. The FACT Act substantially amends the Fair Credit Reporting
Act (FCRA or Act), 15 U.S.C. 1681 et. seq. Section 411(a) of the FACT
Act adds a new section to the FCRA to restrict the circumstrances under
which consumer reporting agencies may furnish consumer reports that
contain medical information about consumers.

Timetable:

Action  Date  FR Cite
NPRM 04/28/04 69 FR 23380
NPRM Comment Period End 05/28/04  
Final Action 12/00/04  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04comfaircredit.html

Agency Contact: Robert A. Patrick, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3757

RIN: 3064-AC81
_______________________________________________________________________

4005. COMMUNITY REINVESTMENT ACT

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 1814 to 1817; 12 USC 1819 to 1820; 12 USC 1828;
12 USC 1831u; 12 USC 2901 to 2907; 12 USC 3103 to 3104; 12 USC 3108(a)

CFR Citation: 12 CFR 345

Legal Deadline: None

Abstract: OCC, FRB, FDIC, and OTS (collectively), are publishing this
joint interim rule to conform our regulations implementing the
Community Reinvestment Act (CRA) to changes in the Standards for
Defining Metropolitan and Micropolitan Statistical Areas published by
the U.S. Office of Management and Budget (OMB) in December 2000; census
tracts designated by the U.S. Bureau of the Census (Census); and FRB's
Regulation C, which implements the Home Mortgage Disclosure Act (HMDA).

Timetable:

Action  Date  FR Cite
Interim Final Rule 07/08/04 69 FR 41181
Final Action 12/00/04  

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/rules.html

Agency Contact: Susan Van den Toorn, Counsel, Federal Deposit Insurance
Corporation, Washington, DC 20429
Phone: 202 898-8707

RIN: 3064-AC82
_______________________________________________________________________

4006.  FAIR CREDIT REPORTING AFFILIATE MARKETING
REGULATIONS

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 1818; 12 USC 1819 (Tenth); 15 USC 1681b; 15 USC
1681s

CFR Citation: 12 CFR 334

Legal Deadline: None

Abstract: OCC, FRB, FDIC, OTS, and NCUA are publishing for comment
proposed regulations to implement the affiliate marketing provisions in
section 214 of the Fair and Accurate Credit Transactions Act of 2003,
which amends the Fair Credit Reporting Act. The proposed regulations
generally prohibit a person from using information received from an
affiliate to make a solicitation for marketing purposes to a consumer,
unless the consumer is given notice, an opportunity, and a simple
method to opt out of the making of such solicitations.

Timetable:

Action  Date  FR Cite
NPRM 07/15/04 69 FR 42502
NPRM Comment Period End 08/16/04  
Final Action 12/00/04  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

Agency Contact: Robert A. Patrick, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3757

RIN: 3064-AC83
_______________________________________________________________________

4007. DEPOSIT INSURANCE ASSESSMENTS: CERTIFIED
STATEMENTS

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 1441; 12 USC 1441b; 12 USC 1813; 12 USC 1815;
12 USC 1817 to 1819; PL 104-208, 110 Stat 3009-479; 12 USC 1821

CFR Citation: 12 CFR 327

Legal Deadline: None

Abstract: FDIC proposes to modernize and simplify its deposit insurance
assessment regulations governing certified statements to provide
regulatory burden relief to insured depository institutions.

Timetable:

Action  Date  FR Cite
NPRM 06/08/04 69 FR 31922
NPRM Comment Period End 08/09/04  
Final Action 11/00/04  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04comdispose.html

Agency Contact: Christopher Bellotto, Counsel, Federal Deposit
Insurance Corporation

[[Page 74184]]

Phone: 202 898-3801

RIN: 3064-AC84
_______________________________________________________________________

4008.  INTERNATIONAL BANKING

Priority: Substantive, Nonsignificant. Major status under 5 USC 801 is
undetermined.

Legal Authority: 12 USC 378; 12 USC 1441; 12 USC 1441b; 12 USC 1813; 12
USC 1815; 12 USC 1815(a); 12 USC 1815(b); 12 USC 1816 to 1818; 12 USC
1818(a) to 1818(c); 12 USC 1819 (Seventh); PL 104-208, 110 Stat 3009-
479; 12 USC 1820; 12 USC 1821; 12 USC 1823; 12 USC 1828; 12 USC
1828(c); 12 USC 1828(d); 12 USC 1828(i); 12 USC 1828(n); 12 USC
1828(o); 12 USC 1831(a); 12 USC 1831(e); 12 USC 1831(o); 12 USC 1831p-
1; 12 USC 1831w; 12 USC 1835; 12 USC 1835a; 12 USC 1843(i); 12 USC 3103
to 3105; 12 USC 3108 to 3109; Title IX, PL 98-181, 97 Stat 1153; 12 USC
3207; 12 USC 3907; 12 USC 3909; 12 USC 4808; PL 102-133, 105 Stat 1761
(12 USC 1828 note); PL 102-242, 105 Stat 2236, 2286, as amended by PL
102-550, 106 Stat 3672, 4089 (12 USC 1828 note); PL 102-242, 105 Stat
2286, as amended by PL 102-550; 106 Stat 3672 (12 USC 1828 note); 106
Stat 4089 (12 USC 1828 note); 15 USC 1601 to 1607; 12 USC 1819 (Tenth)

CFR Citation: 12 CFR 303; 12 CFR 325; 12 CFR 327; 12 CFR 347

Legal Deadline: None

Abstract: FDIC is proposing amendments to the international banking
rules contained in subpart J of part 303, containing the procedural
rules implementing part 347. And to revise the rules contained in
subpart A, relating to the international activities and investments of
insured state nonmember banks, and subpart B, relating principally
insured and noninsured U.S. branches of foreign banks.

Timetable:

Action  Date  FR Cite
NPRM 07/19/04 69 FR 43060
NPRM Comment Period End 09/17/04  
Final Action 03/00/05  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04cominternational.html

Agency Contact: Rodney D. Ray, Counsel, Legal Division, Federal Deposit
Insurance Corporation, Washington, DC 20429
Phone: 202 898-3556

RIN: 3064-AC85
_______________________________________________________________________
Federal Deposit Insurance Corporation (FDIC)          Long-Term Actions

_______________________________________________________________________

4009. RISK-BASED CAPITAL GUIDELINES: MARKET RISK MEASURE; SECURITIES
BORROWING TRANSACTIONS

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

CFR Citation: 12 CFR 325

Timetable:

Action  Date  FR Cite
Interim Final Rule 12/05/00 69 FR 75856
Interim Final Rule Effective 01/04/01  
Interim Final Rule Comment Period End 01/19/01  
Final Action To Be Determined  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert F. Storch
Phone: 202 898-8906

RIN: 3064-AC46
_______________________________________________________________________

4010. COMMUNITY REINVESTMENT ACT REGULATIONS (SECTION 610 REVIEW)

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

CFR Citation: 12 CFR 345

Timetable:

Action  Date  FR Cite
ANPRM 07/19/01 66 FR 37602
ANPRM Comment Period End 10/17/01  
NPRM 02/06/04 69 FR 5729
NPRM Comment Period End 04/06/04  
NPRM 08/20/04 69 FR 51611
NPRM Comment Period End 09/20/04  
NPRM 09/20/04 69 FR 56175
NPRM Comment Period End 10/20/04  
Final Action To Be Determined  

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Susan Van den Toorn
Phone: 202 898-8707

RIN: 3064-AC50
_______________________________________________________________________

4011. REGULATORY PUBLICATION AND REVIEW

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

CFR Citation: None

Timetable:

Action  Date  FR Cite
Notice 06/16/04 68 FR 35589
Second Notice 01/21/04 69 FR 2852
Second Notice Comment Period End 04/20/04  
Third Notice 07/20/04 69 FR 43347
Third Notice Comment Period End 10/18/04  

Next Action Undetermined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Claude A. Rollin
Phone: 202 898-8741

RIN: 3064-AC59

[[Page 74185]]

_______________________________________________________________________

4012. PROPER DISPOSAL OF CONSUMER INFORMATION UNDER THE FAIR AND
ACCURATE CREDIT TRANSACTIONS ACT OF 2003

Priority: Other Significant. Major status under 5 USC 801 is
undetermined.

CFR Citation: 12 CFR 334; 12 CFR 364

Timetable:

Action  Date  FR Cite
ANPRM 12/30/03 68 FR 75164
ANPRM Comment Period End 03/29/04  
NPRM 06/08/04 69 FR 31913
NPRM Comment Period End 07/23/04  
Final Action 12/00/05  

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert A. Patrick
Phone: 202 898-3757

RIN: 3064-AC77
_______________________________________________________________________
Federal Deposit Insurance Corporation (FDIC)          Completed Actions

_______________________________________________________________________

4013. DEPOSIT INSURANCE COVERAGE

Priority: Other Significant

Legal Authority: 12 USC 1813(l)

CFR Citation: 12 CFR 330

Legal Deadline: None

Abstract: This rulemaking establishes a uniform and streamlined appeals
process for deposit insurance claims.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Withdrawn                       09/22/04

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Catherine Ribnick, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 736-0117

RIN: 3064-AC43
_______________________________________________________________________

4014. RISK-BASED GUIDELINES: CAPITAL ADEQUACY GUIDELINES; CAPITAL
MAINTENANCE

Priority: Other Significant

Legal Authority: 12 USC 1815(a); 12 USC 1815(b); 12 USC 1816; 12 USC
1818(a); 12 USC 1818(b); 12 USC 1818(c); 12USC 1818(t); 12 USC 1819
(Tenth); 12 USC 1828(c); 12 USC 1828(d); 12 USC 1828(i); 12 USC 1828
(n); 12 USC 1828(o); 12 USC 1831o; 12 USC 1835; 12 USC 3907; 12 USC
3909; 12 USC 4808

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: OCC, FRB, FDIC, and OTS, collectively, are amending their
risk-based capital standards by providing an interim capital treatment
for assets in asset-backed commercial paper (ABCP) programs that are
consolidated onto the balance sheets of sponsoring banks, bank holding
companies, and thrifts. The interim capital treatment allows sponsoring
banking organizations to remove the consolidated ABCP program assets
from their risk-weighted asset bases for the purpose of calculating
their risk-based capital ratios.

Timetable:

Action  Date  FR Cite
Interim Final Rule 10/01/03 68 FR 56530
Interim Final Rule Effective 10/01/03  
Interim Final Rule Comment Period End 11/17/03  
Interim Final Rule 04/26/04 69 FR 2232
Interim Final Rule Effective 04/26/04  
Final Action 07/28/04 69 FR 44908

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/rules.html

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

RIN: 3064-AC74
_______________________________________________________________________

4015. RISK-BASED CAPITAL GUIDELINES: CAPITAL ADEQUACY GUIDELINES;
CAPITAL MAINTENANCE

Priority: Other Significant

Legal Authority: 12 USC 1815(a); 12 USC 1815(b); 12 USC 1816; 12 USC
1818(a); 12 USC 1818(b); 12 USC 1818(c); 12 USC 1818(t); 12 USC 1819
(Tenth); 12 USC 1828(c); 12 USC 1828(d); 12 USC 1828(i); 12 USC
1828(n); 12 USC 1828(o); 12 USC 1831(o); 12 USC 1835; 12 USC 3907; 12
USC 3909; 12 USC 4808

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: OCC, FRB, FDIC, and OTS, collectively, are proposing to amend
their risk-based capital standards. The amendments removed a sunset
provision in order to permit sponsoring banks, bank holding companies,
and thrifts to exclude from their risk-weighted asset base those assets
in asset-backed commercial paper programs that are consolidated onto
sponsoring banking organizations' balance sheets as a result of a
recently issued accounting interpretation, Financial Accounting
Standards Board Interpretation No. 46, Consolidation of Variable
Interest Entities (FIN 46).

Timetable:
 

Action  Date  FR Cite
NPRM 10/01/03 68 FR 56568
Final Action 07/28/04 69 FR 44908

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/rules.html

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

RIN: 3064-AC75

[[Page 74186]]

_______________________________________________________________________

4016. SECURITIES OF NONMEMBER INSURED BANKS

Priority: Other Significant

Legal Authority: 15USC 78l(i)

CFR Citation: 12 CFR 335

Legal Deadline: None

Abstract: FDIC is adopting, on an interim basis, a final rule amending
its securities disclosure regulations applicable to banks with
securities registered under section 12 of the Securities Exchange Act
of 1924.

Timetable:

Action  Date  FR Cite
Interim Final Rule 04/12/04 68 FR 19085
Interim Final Rule Comment Period End 06/11/04
Final Action 10/06/04 69 FR 59780

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/rules.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04comsecur.html

Agency Contact: Carl Gold, Attorney, Federal Deposit Insurance
Corporation, Washington, DC 20429
Phone: 202 898-8702

RIN: 3064-AC79
_______________________________________________________________________

4017.  RULES OF PRACTICE AND PROCEDURE

Priority: Other Significant

Legal Authority: 5 USC 504; 5 USC 554 to 557; 12 USC 93(b); 12 USC 164;
12 USC 505; 12 USC 1815(e); 12 USC 1817 to 1818; 12 USC 1820; 12 USC
1828 to 1829; 12 USC 1829b; 12 USC 1831i; 12 USC 1831m; 12 USC
1831m(g)(4); 12 USC 1831o; 12 USC 1831p-1; 12 USC 1832(c); 12 USC
1884(b); 12 USC 1972; 12 USC 3102; 12 USC 3108(a); 12 USC 3349; 12 USC
3909; 12 USC 4717; 15 USC 78h; 15 USC 78i; 15 USC 78o-4(c); 15 USC 78q-
1; 15 USC 78s; 15 USC 78u; 15 USC 78u-2; 15 USC 78u-3; 15 USC 78w; 15
USC 6081(b); 15 USC 6805(b)(1); 28 USC 2461 note; 31 USC 330; 31 USC
5321; 42 USC 4012a; PL 104-134, section 3100(s), 110 Stat 1321-358

CFR Citation: 12 CFR 308

Legal Deadline: None

Abstract: The Federal Civil Monetary Penalties Inflation Adjustment Act
of 1990, as amended, requires all Federal agencies with statutory
authority to impose civil money penalties (CMPs) to evaluate and adjust
those CMPs every four years. FDIC last adjusted its CMP statutes in
2000. FDIC is issuing this final rule to implement the required
adjustments to its CMP statutes. FDIC is also correcting a technical
error as to one CMP that occurred when FDIC last adjusted CMPs in 2000.

Timetable:

Action  Date  FR Cite
Final Action 10/18/04 69 FR 61301

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Philip Houle, Counsel, Legal Division, Federal Deposit
Insurance Corporation
Phone: 202 898-3722

RIN: 3064-AC86
[FR Doc. 04-23087 Filed 12-10-04; 8:45 am]
BILLING CODE 6714-01-S

 



Last Updated 12/13/2004 regs@fdic.gov