Notice to Those Submitting Comments
Comments received, including any personal information provided, may be posted without change to https://www.fdic.gov/resources/regulations/federal-register-publications/. Commenters should submit only information that the commenter wishes to make available publicly. The FDIC may review, redact, or refrain from posting all or any portion of any comment that it may deem to be inappropriate for publication, such as irrelevant or obscene material. The FDIC may post only a single representative example of identical or substantially identical comments, and in such cases will generally identify the number of identical or substantially identical comments represented by the posted example. All comments that have been redacted, as well as those that have not been posted, that contain comments on the merits of this notice will be retained in the public comment file and will be considered as required under all applicable laws. All comments may be accessible under the Freedom of Information Act.
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| Date | FDIC Federal Register Publications | Volume/Page |
|---|---|---|
| 11/20/24 | Recordkeeping for Custodial Accounts 12 CFR Part 375 RIN 3064–AG07 Notice of proposed rulemaking Comment Period End: December 2, 2024 Extended Comment Period End: January 16, 2025 Summary: The Federal Deposit Insurance Corporation (FDIC) is proposing requirements that would strengthen insured depository institutions’ (IDI) recordkeeping for custodial deposit accounts with transactional features and preserve beneficial owners’ and depositors’ entitlement to the protections afforded by Federal deposit insurance. The proposal is intended to promote the FDIC’s ability to promptly make deposit insurance determinations and, if necessary, pay deposit insurance claims ‘‘as soon as possible’’ in the event of the failure of an IDI holding custodial accounts with transactional features. The proposed requirements would only apply to IDIs offering custodial accounts with transactional features that are not specifically exempted. Submit CommentRead Comments | 89 FR 91586 |
| 10/21/24 | Regulations Implementing the Change in Bank Control Act 12 CFR Part 303 RIN 3064–AG04 Notice of proposed rulemaking Comment Period End: October 18, 2024 Extended Comment Period End: November 18, 2024 Summary: The Federal Deposit Insurance Corporation (FDIC) proposes amending its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (CBCA) by removing the exemption for acquisitions of voting securities of a depository institution holding company with an FDIC-supervised subsidiary institution for which the Board of Governors of the Federal Reserve System reviews a notice under the CBCA and by making conforming definitional changes. The FDIC also seeks information and comment regarding its approach to change in control notices under the CBCA regarding persons who may be directly or indirectly exercising control over an FDIC-supervised institution. Read Comments | 89 FR 84108 |
| 10/11/24 | Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions; Extension of Comment Period 12 CFR Parts 303 and 337 RIN 3064–AF99 Notice of proposed rulemaking Comment Period End: October 22, 2024 Extended Comment Period End: November 21, 2024 Summary: The Federal Deposit Insurance Corporation (FDIC) is inviting comment on proposed revisions to its regulations relating to the brokered deposits restrictions that apply to less than well-capitalized insured depository institutions (IDIs). The proposed rule would revise the ‘‘deposit broker’’ definition and the ‘‘primary purpose’’ exception. The proposed rule would also amend two of the designated business relationships under the primary purpose exception and would change the notice and application process for that exception. The proposed rule would also clarify when an IDI can regain status as an ‘‘agent institution’’ under the limited exception for a capped amount of reciprocal deposits. Read Comments | 89 FR 82537 |
11/20/24 10/02/24 | Recordkeeping for Custodial Accounts 12 CFR Part 375 RIN 3064–AG07 Notice of proposed rulemaking Comment Period End: December 2, 2024 Extended Comment Period End: January 16, 2025 Summary: The Federal Deposit Insurance Corporation (FDIC) is proposing requirements that would strengthen insured depository institutions’ (IDI) recordkeeping for custodial deposit accounts with transactional features and preserve beneficial owners’ and depositors’ entitlement to the protections afforded by Federal deposit insurance. The proposal is intended to promote the FDIC’s ability to promptly make deposit insurance determinations and, if necessary, pay deposit insurance claims ‘‘as soon as possible’’ in the event of the failure of an IDI holding custodial accounts with transactional features. The proposed requirements would only apply to IDIs offering custodial accounts with transactional features that are not specifically exempted. Submit CommentRead Comments | 89 FR 80135 |
10/11/24 08/23/24
| Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions | 89 FR 68244 |
| 08/22/24 | Financial Data Transparency Act Joint Data Standards 12 CFR Part 304 RIN 3064–AF96 Notice of proposed rulemaking Comment Period End: October 21, 2024 Summary: The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration, Consumer Financial Protection Bureau, Federal Housing Finance Agency, Commodity Futures Trading Commission, Securities and Exchange Commission, and Department of the Treasury invite public comment on a proposed rule, required by the Financial Data Transparency Act of 2022, to establish data standards to promote interoperability of financial regulatory data across these agencies. Final standards established pursuant to this rulemaking will later be adopted for certain collections of information in separate rulemakings by the agencies. Read Comments | 89 FR 67891 |
| 08/19/24 | Regulations Implementing the Change in Bank Control Act 12 CFR Part 303 RIN 3064–AG04 Notice of proposed rulemaking Comment Period End: October 18, 2024 Extended Comment Period End: November 18, 2024 Summary: The Federal Deposit Insurance Corporation (FDIC) proposes amending its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (CBCA) by removing the exemption for acquisitions of voting securities of a depository institution holding company with an FDIC-supervised subsidiary institution for which the Board of Governors of the Federal Reserve System reviews a notice under the CBCA and by making conforming definitional changes. The FDIC also seeks information and comment regarding its approach to change in control notices under the CBCA regarding persons who may be directly or indirectly exercising control over an FDIC-supervised institution. Read Comments | 89 FR 67002 |
| 08/12/24 | Parent Companies of Industrial Banks and Industrial Loan Companies 12 CFR Part 354 RIN 3064–AF88 Notice of proposed rulemaking Comment Period End: October 11, 2024 Summary: The FDIC proposes to modify the regulations governing the parent companies of industrial banks in 12 CFR part 354. The amendments would revise the regulation’s scope to include conversions involving proposed industrial banks under section 5 of the Home Owners’ Loan Act and other situations as determined by the FDIC; clarify the relationship between written commitments and the FDIC’s evaluation of relevant statutory factors; and set forth additional criteria the FDIC would consider when assessing the risks presented to an industrial bank by its parent company and affiliates and evaluating the institution’s ability to function independently of its parent company and affiliates. Read Comments | 89 FR 65556 |
| 08/09/24 | Anti-Money Laundering and Countering the Financing of Terrorism Program Requirements 12 CFR Part 326 RIN 3064–AF34 Notice of proposed rulemaking Comment Period End: October 8, 2024 Summary: The Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the National Credit Union Administration seek comment on a proposed rule that would update the requirements each agency has issued for its supervised institutions to establish, implement, and maintain effective, risk-based, and reasonably designed anti-money laundering (AML) and countering the financing of terrorism programs. The proposed updates are intended to conform with changes being concurrently proposed by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network as a result of the AML Act. Read Comments | 89 FR 65242 |