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Press Releases |
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FOR IMMEDIATE RELEASE PR-27-2000 (5-3-2000) |
Media Contact:
David Barr (202-898-6992) |
The Federal Deposit Insurance Corporation (FDIC) has published its semiannual agenda of regulations in the Federal Register to inform the public of the Corporation's regulatory actions and encourage participation in the rulemaking process. Many of the actions are the result of the FDIC Board's ongoing efforts to reduce the regulatory burden on banks, simplify rules, improve efficiency and comply with the Riegle Community Development and Regulatory Improvement Act of 1994. A number of the actions were also developed following the enactment of the financial services modernization law, the Gramm-Leach-Bliley Act, which requires rulemakings by the FDIC and other regulators in areas such as privacy, fair credit reporting and consumer protections. The agenda contains 26 regulatory actions. Five actions have been completed and the rest are in various stages of the rulemaking process. Highlights follow.
Attached is a copy of the "Semiannual Regulatory Agenda" that appeared in the April 24, 2000, Federal Register, which contains all 26 final or planned rule changes.
Attachment: April 24, 2000 Federal Register, pages 23848-23855 Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 10,220 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. FDIC press releases and other information are available on the Internet at www.fdic.gov or through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200). |
Last Updated 05/03/2000 | communications@fdic.gov |