SUMMARY: The Federal Deposit Insurance Corporation (FDIC)
publishing items for the spring 2003 Unified Agenda of Federal
Regulatory and Deregulatory Actions. The agenda contains information
about FDIC's current and projected rulemakings, existing
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
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 the Regulatory
Flexibility Act (5 U.S.C. 601 et seq.). The FDIC amends its
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.
On June 16, 2003, the FDIC and the
other banking regulatory
agencies announced the start of a review of their regulations for
the purpose of reducing regulatory burden on insured institutions
pursuant to section 2222 of the Economic Growth and Regulatory
Paperwork Reduction Act of 1996 (68 FR 35589). The review, focused
on categories of regulations, will continue through 2006, and
involves requesting public comment in various forums. The first
three categories of regulations under review were announced on June
16, and the agencies plan to request public comment on the
remaining categories in the Federal Register on an approximately
semiannual basis. The agencies' reviews may result in rulemaking
initiatives to reduce regulatory burden that will be announced in
the semiannual agenda. More information about the reviews can be
obtained at www.EGRPRA.gov, or www.FDIC.gov.
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.