Details:

Publisher's site:
https://www.fdic.gov
Corporate Authors:
Federal Deposit Insurance Corporation (FDIC)
Description:
The FDIC and the other federal financial institution regulatory agencies have jointly adopted interim final rules permitting insured depository institutions (IDIs) with up to $1 billion in total assets and that meet certain other criteria to qualify for an 18-month on-site examination cycle instead of a 12-month cycle. The implementation of these rules allows the agencies to better focus supervisory resources on IDIs that present capital, managerial or other issues of supervisory concern, while reducing regulatory burden on small, well-capitalized and well-managed institutions.
Content Notes:
Rescinds and replaces FIL-90-2007
Subject:
[+]
Risk Management Practices
Dataset Download URL:
https://www.fdic.gov/news/inactive-financial-institution-letters/2016/fil16017.pdf
Format:
PDF
Release Date:
03/04/2016
Update Date:
03/04/2016
Withdrawn Date:
Not Available
Agencies Involved:
Federal Deposit Insurance Corporation (FDIC)
Fdic Employee Involved:
Karen Currie
Law Involved:
Fixing America's Surface Transportation (FAST) Act
Related Regulation:
12 CFR Parts 337, 347, and 390
Comment Period End Date:
04/29/2016
Source:
FDIC Website
Memorandum To:
FDIC-Supervised Banks (Commercial and Savings)
FIL Number:
FIL-17-2016
Main Document Checksum:
[+]
urn:sha256:0e7a339fc823211440166e3e501ca4b8e8170f31ec56d85a5f8a421eca829f0f
Download URL:
https://archive.fdic.gov/view/fdic/6897/fdic_6897_DS1.pdf
File Type:

Supporting Files

• Examination Cycle: Joint Interim Final Rules and Request for Comments on Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks

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