federal register
22647
Friday
April 25, 1997
Part LI
Federal Deposit
Insurance
Corporation
Semiannual Regulatory Agenda
VerDate 14-MAR-97 10:19 Apr 25, 1997 Jkt 173997 PO 00000 Frm 00001 Fmt 4717 Sfmt 4717 E:\FR\FM\ADV88.049 25ap49
22647
Friday
April 25, 1997
Part LI
Federal Deposit
Insurance
Corporation
Semiannual Regulatory Agenda
VerDate 14-MAR-97 10:19 Apr 25, 1997 Jkt 173997 PO 00000 Frm 00001 Fmt 4717 Sfmt 4717 E:\FR\FM\ADV88.049 25ap49
22648 Federal Register / Vol. 62, No. 80 / Friday, April 25, 1997 / Unified Agenda
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)
FDIC
FEDERAL DEPOSIT INSURANCE
CORPORATION
12 CFR Ch. III
Semiannual Agenda of Regulations
AGENCY: Federal Deposit Insurance
Corporation.
ACTION: Semiannual regulatory agenda.
SUMMARY: The Federal Deposit
Insurance Corporation (FDIC) is hereby
publishing items for the April 1997
regulatory agenda. The agenda contains
information about FDIC’s current and
projected rulemakings, existing
regulations 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 publishes an 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 both the Regulatory
Flexibility Act (5 U.S.C. 601 et seq.) and
the FDIC statement of policy entitled
‘‘Development and Review of FDIC
Rules and Regulations’’ (44 FR 31007,
May 30, 1979; 44 FR 32353, June 6,
1979; 44 FR 76858, December 28, 1979;
49 FR 7288, February 28, 1984).
The FDIC amends its regulations
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.
The Riegle Community Development
and Regulatory Improvement Act of
1994 (CDRI) contains reforms that
significantly restructure the regulation
of financial institutions. As a
consequence, many of the regulations
included in this agenda are in response
to CDRI. The FDIC is continuing to
develop regulations implementing the
most recent legislative requirements.
These include the requirement in
section 303 of CDRI that the Federal
banking regulators conduct a review of
all their regulations and written policies
to streamline them, remove
inconsistencies, improve efficiency,
reduce unnecessary costs, and make
uniform all regulations and guidelines
implementing common statutory or
supervisory policies. Proposed changes
to the FDIC’s regulations as a result of
CDRI will be noted in this and future
semiannual agendas as they emerge
from these reviews. The Federal banking
regulators are the FDIC, the Office of the
Comptroller of the Currency (OCC), the
Board of Governors of the Federal
Reserve System (FRS), and the Office of
Thrift Supervision (OTS). In some cases,
the FDIC also coordinates with the
National Credit Union Administration
(NCUA).
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.
Dated: February 27, 1997.
Federal Deposit Insurance Corporation.
Jerry L. Langley,
Executive Secretary.
Proposed Rule Stage
Sequence
Number Title Regulation
Identifier
Number
4086 12 CFR 325 Capital Maintenance—Recourse Arrangements and Direct Credit Substitutes ..................................... 3064-AB31
4087 12 CFR 340 Restrictions on Sale of Assets by the FDIC ........................................................................................... 3064-AB37
4088 12 CFR 308 Program Fraud Civil Remedies .............................................................................................................. 3064-AB41
4089 12 CFR 330 Simplification of Deposit Insurance Rules .............................................................................................. 3064-AB73
4090 12 CFR 307 Notification of Changes of Insured Status .............................................................................................. 3064-AB88
4091 12 CFR 337 Expanded Examination Cycle for Certain Small Financial Institutions .................................................. 3064-AB90
4092 12 CFR 360 Receivership Rules ................................................................................................................................. 3064-AB92
4093 12 CFR 361 Formal Minority- and Women-Owned Business and Law Firm Certification Program .......................... 3064-AB95
4094 12 CFR 325 Capital Maintenance—Elimination of Interagency Differences .............................................................. 3064-AB96
4095 12 CFR 369 Prohibition Against Deposit Production Offices ...................................................................................... 3064-AB97
4096 12 CFR 328 Advertisement of Membership ................................................................................................................ 3064-AB99
4097 12 CFR 360 Receivership Rules—Security Interests of Federal Home Loan Banks ................................................ 3064-AC00
4098 12 CFR 312 Prevention of Deposit Shifting ................................................................................................................ 3064-AC01
4099 12 CFR 303 Applications, Requests, Submittals, Delegations of Authority, and Notices Required to be Filed by
Statute or Regulation .................................................................................................................................................... 3064-AC02
Final Rule Stage
Sequence
Number Title Regulation
Identifier
Number
4100 12 CFR 357 Determination of Economically Depressed Regions .............................................................................. 3064-AB08
4101 12 CFR 338 Fair Housing ........................................................................................................................................... 3064-AB72
4102 12 CFR 362 Activities and Investments of Insured State Banks ................................................................................ 3064-AB75
4103 12 CFR 325 Capital Maintenance—Collateralized Transactions ................................................................................ 3064-AB78
VerDate 14-MAR-97 10:19 Apr 25, 1997 Jkt 173997 PO 00000 Frm 00002 Fmt 1254 Sfmt 1254 E:\FR\FM\ADV88.049 25ap49
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)
FDIC
FEDERAL DEPOSIT INSURANCE
CORPORATION
12 CFR Ch. III
Semiannual Agenda of Regulations
AGENCY: Federal Deposit Insurance
Corporation.
ACTION: Semiannual regulatory agenda.
SUMMARY: The Federal Deposit
Insurance Corporation (FDIC) is hereby
publishing items for the April 1997
regulatory agenda. The agenda contains
information about FDIC’s current and
projected rulemakings, existing
regulations 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 publishes an 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 both the Regulatory
Flexibility Act (5 U.S.C. 601 et seq.) and
the FDIC statement of policy entitled
‘‘Development and Review of FDIC
Rules and Regulations’’ (44 FR 31007,
May 30, 1979; 44 FR 32353, June 6,
1979; 44 FR 76858, December 28, 1979;
49 FR 7288, February 28, 1984).
The FDIC amends its regulations
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.
The Riegle Community Development
and Regulatory Improvement Act of
1994 (CDRI) contains reforms that
significantly restructure the regulation
of financial institutions. As a
consequence, many of the regulations
included in this agenda are in response
to CDRI. The FDIC is continuing to
develop regulations implementing the
most recent legislative requirements.
These include the requirement in
section 303 of CDRI that the Federal
banking regulators conduct a review of
all their regulations and written policies
to streamline them, remove
inconsistencies, improve efficiency,
reduce unnecessary costs, and make
uniform all regulations and guidelines
implementing common statutory or
supervisory policies. Proposed changes
to the FDIC’s regulations as a result of
CDRI will be noted in this and future
semiannual agendas as they emerge
from these reviews. The Federal banking
regulators are the FDIC, the Office of the
Comptroller of the Currency (OCC), the
Board of Governors of the Federal
Reserve System (FRS), and the Office of
Thrift Supervision (OTS). In some cases,
the FDIC also coordinates with the
National Credit Union Administration
(NCUA).
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.
Dated: February 27, 1997.
Federal Deposit Insurance Corporation.
Jerry L. Langley,
Executive Secretary.
Proposed Rule Stage
Sequence
Number Title Regulation
Identifier
Number
4086 12 CFR 325 Capital Maintenance—Recourse Arrangements and Direct Credit Substitutes ..................................... 3064-AB31
4087 12 CFR 340 Restrictions on Sale of Assets by the FDIC ........................................................................................... 3064-AB37
4088 12 CFR 308 Program Fraud Civil Remedies .............................................................................................................. 3064-AB41
4089 12 CFR 330 Simplification of Deposit Insurance Rules .............................................................................................. 3064-AB73
4090 12 CFR 307 Notification of Changes of Insured Status .............................................................................................. 3064-AB88
4091 12 CFR 337 Expanded Examination Cycle for Certain Small Financial Institutions .................................................. 3064-AB90
4092 12 CFR 360 Receivership Rules ................................................................................................................................. 3064-AB92
4093 12 CFR 361 Formal Minority- and Women-Owned Business and Law Firm Certification Program .......................... 3064-AB95
4094 12 CFR 325 Capital Maintenance—Elimination of Interagency Differences .............................................................. 3064-AB96
4095 12 CFR 369 Prohibition Against Deposit Production Offices ...................................................................................... 3064-AB97
4096 12 CFR 328 Advertisement of Membership ................................................................................................................ 3064-AB99
4097 12 CFR 360 Receivership Rules—Security Interests of Federal Home Loan Banks ................................................ 3064-AC00
4098 12 CFR 312 Prevention of Deposit Shifting ................................................................................................................ 3064-AC01
4099 12 CFR 303 Applications, Requests, Submittals, Delegations of Authority, and Notices Required to be Filed by
Statute or Regulation .................................................................................................................................................... 3064-AC02
Final Rule Stage
Sequence
Number Title Regulation
Identifier
Number
4100 12 CFR 357 Determination of Economically Depressed Regions .............................................................................. 3064-AB08
4101 12 CFR 338 Fair Housing ........................................................................................................................................... 3064-AB72
4102 12 CFR 362 Activities and Investments of Insured State Banks ................................................................................ 3064-AB75
4103 12 CFR 325 Capital Maintenance—Collateralized Transactions ................................................................................ 3064-AB78
VerDate 14-MAR-97 10:19 Apr 25, 1997 Jkt 173997 PO 00000 Frm 00002 Fmt 1254 Sfmt 1254 E:\FR\FM\ADV88.049 25ap49