Each depositor insured to at least $250,000 per insured bank



[October 29, 1997 (Volume 62, Number 209)]

[Unified Agenda]

From the Federal Register Online via GPO Access [frwais.access.gpo.gov]



[Page 58403-58405]

 

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)                           



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Part LI











Federal Deposit Insurance Corporation











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Semiannual Regulatory Agenda



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FEDERAL DEPOSIT INSURANCE CORPORATION



12 CFR Ch. III



Semiannual Agenda of Regulations



AGENCY: Federal Deposit Insurance Corporation.



ACTION: Semiannual regulatory agenda.



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SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is hereby 

publishing items for the October 1997 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'' (44 

FR 31007, May 30, 1979; 44 FR 32353, June 6, 1979; 44 FR 76858, 

December 28, 1979; 49 FR 7288, February 28, 1984).



    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.



Dated: August 13, 1997.



Federal Deposit Insurance Corporation.



Steven F. Hanft,



Assistant Executive Secretary.



                                               Proposed Rule Stage                                              

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                                                                                                     Regulation 

 Sequence                                           Title                                            Identifier 

  Number                                                                                               Number   

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4278        12 CFR 325   Capital Maintenance--Recourse Arrangements and Direct Credit Substitutes.    3064-AB31 

4279        12 CFR 340   Restrictions on Sale of Assets by the FDIC...............................    3064-AB37 

4280        12 CFR 308   Program Fraud Civil Remedies.............................................    3064-AB41 

4281        12 CFR 360   Receivership Rules.......................................................    3064-AB92 

4282        12 CFR 325   Capital Maintenance--Elimination of Interagency Differences..............    3064-AB96 

4283        12 CFR 303   Applications, Requests, Submittals, Delegations of Authority, and Notices            

            Required to be Filed by Statute or Regulation.........................................    3064-AC02 

4284        12 CFR 325   Capital Maintenance--Treatment of Servicing Assets.......................    3064-AC07 

4285        12 CFR 348   Management Interlocks Act................................................    3064-AC08 

4286        12 CFR 309   Disclosure of Information................................................    3064-AC10 

4287        12 CFR 325   Risk-Based Capital Standards; Unrealized Revaluation Gains on Certain                  

            Equity Securities.....................................................................    3064-AC11 

4288        12 CFR 362   Activities of Insured State Banks and Insured Savings Associations.......    3064-AC12 

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                                                Final Rule Stage                                                

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                                                                                                     Regulation 

 Sequence                                           Title                                            Identifier 

  Number                                                                                               Number   

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4289        12 CFR 357   Determination of Economically Depressed Regions..........................    3064-AB08 

4290        12 CFR 330   Simplification of Deposit Insurance Rules................................    3064-AB73 

4291        12 CFR 325   Capital Maintenance--Collateralized Transactions.........................    3064-AB78 

4292        12 CFR 342   Qualification Requirements for the Recommendation or Sale of Certain                   

            Securities............................................................................    3064-AB85 

4293        12 CFR 307   Notification of Changes of Insured Status................................    3064-AB88

4294        12 CFR 361   Formal Minority- and Women-Owned Business and Law Firm Certification                   

            Program...............................................................................    3064-AB95 

4295        12 CFR 328   Advertisement of Membership..............................................    3064-AB99 



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4296        12 CFR 360   Receivership Rules--Security Interests of Federal Home Loan Banks........    3064-AC00 

4297        12 CFR 343   Insured State Nonmember Banks Which Are Municipal Securities Dealers.....    3064-AC04 

4298        12 CFR 347   International Banking....................................................    3064-AC05 

4299        12 CFR 363   Annual Independent Audits and Reporting Requirements.....................    3064-AC06 

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                                                Long-Term Actions                                               

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                                                                                                     Regulation 

 Sequence                                           Title                                            Identifier 

  Number                                                                                               Number   

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4300        12 CFR 308   Censure, Suspension, and Debarment of Independent Public Accountants.....    3064-AA64 

4301        12 CFR 327   Assessments--Assessment Base.............................................    3064-AB46 

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                                                Completed Actions                                               

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                                                                                                     Regulation 

 Sequence                                           Title                                            Identifier 

  Number                                                                                               Number   

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4302        12 CFR 338   Fair Housing.............................................................    3064-AB72 

4303        12 CFR 362   Activities and Investments of Insured State Banks........................    3064-AB75 

4304        12 CFR 337   Expanded Examination Cycle for Certain Small Financial Institutions......    3064-AB90 

4305        12 CFR 369   Prohibition Against Deposit Production Offices...........................    3064-AB97 

4306        12 CFR 312   Prevention of Deposit Shifting...........................................    3064-AC01 

4307        12 CFR 303   Applications, Requests, Submittals, Delegations of Authority, and Notices              

            Required To Be Filed by Statute or Regulation.........................................    3064-AC03

4308        12 CFR 329   Prohibition Against Payment of Interest on Demand Deposits...............    3064-AC09 

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