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Management Interlocks: Interagency Proposed Rule on Thresholds Increase for Major Assets Prohibition of the Depository Institution Management Interlocks Act Rules
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12/20/2018
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Description:The FDIC and the other federal financial institution regulatory agencies have jointly issued a proposed rulemaking to raise the thresholds for the Major Assets Prohibition of the Depository Institution Management Interlocks Act (DIMIA) implementing rules.
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Release Date:12/20/2018
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Update Date:12/20/2018
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Withdrawn Date:01/22/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC);Office of the Comptroller of the Currency (OCC);Board of Governors of the Federal Reserve System;
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Fdic Employee Involved:Karen Currie
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Law Involved:Major Assets Prohibition of the Depository Institution Management Interlocks Act (DIMIA)
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Related Regulation:12 CFR Part 348 (Management Official Interlocks)
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Source:FDIC Website
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Memorandum To:FDIC-Supervised Institutions
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FIL Number:FIL-88-2018
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