[November 9, 1998 (Volume 63, Number
216)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua09no98_052-1] [Page
62697-62699]
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)
[[Page 62697]]
Part LIV
Federal Deposit Insurance Corporation
Semiannual Regulatory Agenda
[[Page 62698]]
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 October
1998 regulatory agenda. 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, the 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 both the Regulatory Flexibility
Act (5 U.S.C. 601 et seq.) and the FDIC statement of policy entitled
``Development and Review of FDIC Rules and Regulations.'' This policy was
revised recently (63 FR 25157, May 7, 1998) to focus it more sharply on the FDIC's
approach to regulatory reform.
The 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.
The Riegle Community Development and
Regulatory Improvement Act of 1994 (CDRI) contains reforms that significantly restructure
the regulation of financial institutions. As a consequence, many of the regulations
included in this agenda are in response to CDRI. The FDIC is continuing
to develop regulations implementing the most recent legislative requirements. These
include the requirement in section 303 of CDRI that the Federal banking regulators conduct
a review of all their regulations and written policies to streamline them, remove
inconsistencies, improve efficiency, reduce unnecessary costs, and make uniform all
regulations and guidelines implementing common statutory or supervisory policies. Changes
to the FDIC's regulations as a result of CDRI will be noted in this and
future semiannual agendas as they emerge from these reviews.
The Federal banking regulators are
the FDIC, the Office of the Comptroller of the Currency (OCC), the Board
of Governors of the Federal Reserve System (FRS), and the Office of Thrift Supervision
(OTS). In some cases, the FDIC also coordinates with the National Credit
Union Administration (NCUA).
Interested persons may petition the 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.
Proposed Rule Stage |
Sequence Number |
Title |
4444 |
12 CFR 340 -
Restrictions on Sale of Assets by the FDIC |
4445 |
12 CFR 308 Program
Fraud Civil Remedies |
4446 |
12 CFR 360 Receivership
Rules |
4447 |
12 CFR 348 Management
Interlocks Act |
4448 |
12 CFR 330 Deposit
Insurance Regulations; Joint Accounts and ``Payable on Death'' Accounts |
4449 |
12 CFR 326 ``Know Your
Customer'' Requirements |
4450 |
12 CFR 362 Activities
of Insured State Banks and Insured Savings Associations |
Final Rule Stage |
4451 |
12 CFR 325 Capital
Maintenance--Recourse Arrangements and Direct Credit Substitutes |
4452 |
12 CFR 325 Capital
Maintenance--Collateralized Transactions |
4453 |
12 CFR 342
Qualification Requirements for the Recommendation or Sale of Certain Securities |
4454 |
12 CFR 307 Notification
of Changes of Insured Status |
4455 |
12 CFR 361 Formal
Minority- and Women-Owned Business and Law Firm Certification Program |
4456 |
12 CFR 325 Capital
Maintenance--Elimination of Interagency Differences |
4457 |
12 CFR 328
Advertisement of Membership |
4458 |
12 CFR 343 Insured
State Nonmember Banks Which Are Municipal Securities Dealers |
4459 |
12 CFR 362 Activities
of Insured State Banks and Insured Savings Associations |
4460 |
12 CFR 347 Foreign
Activities of Insured State Nonmember Banks |
4461 |
12 CFR 325 Risk-Based
Capital Standards: Claims on Securities Firms |
4462 |
12 CFR 364 Interagency
Guidelines Establishing Year 2000 Standards for Safety and Soundness |
Long-Term Actions |
4463 |
12 CFR 308 Censure,
Suspension, and Debarment of Independent Public Accountants |
4464 |
12 CFR 327
Assessments--Assessment Base |
Completed Actions |
4465 |
12 CFR 330
Simplification of Deposit Insurance Rules |
4466 |
12 CFR 360 Receivership
Rules--Security Interests of Federal Home Loan Banks |
4467 |
12 CFR 303
Applications, Requests, Submittals, Delegations of Authority, and Notices Required To Be
Filed by Statute or Regulation |
4468 |
12 CFR 325 Capital
Maintenance--Treatment of Servicing Assets |
4469 |
12 CFR 325 Risk-Based
Capital Standards; Unrealized Revaluation Gains on Certain Equity Securities |
|
|