FDIG NEWS RELEASE
FEDERAl DEPOSIT INSURANCE COIPOUTION
FOR IMMEDIATE RELEASE PR-169-86 {10-27-86)
FDIC PUBLISHES SEMIANNUAL AGENDA OF REGULATIONS
The Federal Deposit Insurance Corporation has published the FDIC's semiannual
agenda of regulations to inform the public of its regulatory actions and to
enhance public participation in the rulemaking process.
The published agenda reflects 17 final or potential changes to the FDIC's
regulations. One proposal is outstanding; one regulation is under development;
five existing regulations are under review; nine regulations were promulgated as
final rules, and one regulation was withdrawn since April 21, 1986.
The FDIC submitted the semiannual agenda to the Office of Management and
Budget on August 27, 1986, for inclusion in the Unified Agenda of Federal
Regulations. Since that date, the FDIC Board of Directors has approved a revised
regulation included in the FDIC's agenda. It identifies the necessary forms and
the sources for obtaining the forms used by insured banks for submitting reports
required by the FDIC.
The remaining outstanding proposals and regulations under development would:
- prohibit any insured bank from direct engagement in certain insurance,
real estate and surety activities and set restrictions on insured banks
participating in any of the prohibited activities through a bona fide
subsidiary;
- amend certain regulations concerning securities recordkeeping and
confirmations pertaining to banks that conduct securities transactions
for customers.
The agenda summarizes each topic and lists the name and telephone number of a
staff member who can provide further information about a specific rule. The full
text of the agenda appears in the October 27, 1986, Federal Register. Copies also
are available from the FDIC Corporate Communications Office, 550 17th Street,
N.W., Washington, D.C. 20429.
# # #
FEDERAL DEPOSIT INSURANCE CORPORATION, 550 Seventeenth St., N.W., Washington, D.C. 20429 • 202-898-6996
FEDERAl DEPOSIT INSURANCE COIPOUTION
FOR IMMEDIATE RELEASE PR-169-86 {10-27-86)
FDIC PUBLISHES SEMIANNUAL AGENDA OF REGULATIONS
The Federal Deposit Insurance Corporation has published the FDIC's semiannual
agenda of regulations to inform the public of its regulatory actions and to
enhance public participation in the rulemaking process.
The published agenda reflects 17 final or potential changes to the FDIC's
regulations. One proposal is outstanding; one regulation is under development;
five existing regulations are under review; nine regulations were promulgated as
final rules, and one regulation was withdrawn since April 21, 1986.
The FDIC submitted the semiannual agenda to the Office of Management and
Budget on August 27, 1986, for inclusion in the Unified Agenda of Federal
Regulations. Since that date, the FDIC Board of Directors has approved a revised
regulation included in the FDIC's agenda. It identifies the necessary forms and
the sources for obtaining the forms used by insured banks for submitting reports
required by the FDIC.
The remaining outstanding proposals and regulations under development would:
- prohibit any insured bank from direct engagement in certain insurance,
real estate and surety activities and set restrictions on insured banks
participating in any of the prohibited activities through a bona fide
subsidiary;
- amend certain regulations concerning securities recordkeeping and
confirmations pertaining to banks that conduct securities transactions
for customers.
The agenda summarizes each topic and lists the name and telephone number of a
staff member who can provide further information about a specific rule. The full
text of the agenda appears in the October 27, 1986, Federal Register. Copies also
are available from the FDIC Corporate Communications Office, 550 17th Street,
N.W., Washington, D.C. 20429.
# # #
FEDERAL DEPOSIT INSURANCE CORPORATION, 550 Seventeenth St., N.W., Washington, D.C. 20429 • 202-898-6996