FDIC Federal Register Citations

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

[Unified Agenda]

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

[Page 58406]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Proposed Rule Stage

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4280. PROGRAM FRAUD CIVIL REMEDIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819; PL 103-204

CFR Citation: 12 CFR 308

Legal Deadline: None

Abstract: The Program Fraud Civil Remedies Act (``PFCRA'') requires

specified Federal agencies to follow certain procedures to recover

penalties and assessments against persons who file false claims and

statements. The Resolution Trust Corporation Completion Act (PL 103-

204) subjects the FDIC to the requirements of the PFCRA. An interagency

task force was established by the President's Council on Integrity and

Efficiency to develop model regulations for implementing the PFCRA.

This regulatory action adopts, with minor variations, the model

regulations set forth by the Council's task force.

Timetable:

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Action Date FR Cite

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NPRM 01/00/98

Small Entities Affected: None

Government Levels Affected: None

Agency Contact: Mark A. Mellon, Counsel, Legal Division, Federal

Deposit Insurance Corporation, Washington, DC 20429

Phone: 202 898-3854

RIN: 3064-AB41

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