Proposed Removal of the FDIC’s Part 350 Annual Disclosure Statement Requirement

Details

• Publisher's site:
  https://www.fdic.gov/
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  On October 25, 2018, the FDIC published the attached notice of proposed rulemaking to rescind and remove Part 350 of its regulations, which is entitled Disclosure of Financial and Other Information by FDIC-Insured State Nonmember Banks. Consistent with the objectives of Section 2222 of the Economic Growth and Regulatory Paperwork Reduction Act of 1996, which includes the elimination of unnecessary regulations, the FDIC is requesting public comment on the proposed rescission and removal of Part 350.
• Subject:
  Accounting, Auditing, and Securities Disclosure
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2018/fil18066.html
• Format:
  PDF
• Release Date:
  10/30/2018
• Withdrawn Date:
  11/08/2019
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC)
• Law Involved:
  Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA)
• Related Regulation:
  12 CFR Part 350
• Comment Period End Date:
  11/26/2018
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Institutions
• FIL Number:
  FIL-66-2018
• Main Document Checksum:
  urn:sha-512:e66e2fd5ab3a8ebf7a7ffd02f74552985d7915923db6af2d5c1a6e95aa443d7887179374896fd1f9eb08e8d5ac4e3eb797d3d3b625c81ebad4905f55e4122239
• Download URL:
  https://archive.fdic.gov/view/fdic/15175/fdic_15175_DS1.pdf
• File Type:
  [PDF - 612.08 KB ]