FDIC Federal Register Citations

[Page 23849-23850]

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) Proposed Rule Stage

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4157. PROGRAM FRAUD CIVIL REMEDIES

Priority: Substantive, Nonsignificant

Legal Authority: 5 USC 504; 5 USC 554-557; 12 USC 93(b); 12 USC 164; 12
USC 505; 12 USC 1817; 12 USC 1818; 12 USC 1820; 12 USC 1828; 12 USC
1829; 12 USC 1829b; 12 USC 1831o; 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 78(h); 15 USC 78(i); 31 USC 330; 42 USC 4012a; PL 104-134

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 of 1993
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

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regulations set forth by the Council's task force.

Timetable:
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Action Date FR Cite

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NPRM 05/00/00

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Michelle Borzillo, Counsel, Legal Division, Federal
Deposit Insurance Corporation, Washington, DC, 20429
Phone: 202 898-7400

RIN: 3064-AB41
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