Annual Audit and Reporting Requirements: Proposed Amendments to Part 363
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Annual Audit and Reporting Requirements: Proposed Amendments to Part 363

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Details:

  • Publisher's site:
  • Description:
    The FDIC is requesting comments on the attached proposed amendments to Part 363 of its regulations, which sets forth annual independent audit and reporting requirements for insured institutions with $500 million or more in total assets. The FDIC is proposing to amend Part 363 in light of changes in the industry; certain sound audit, reporting, and audit committee practices incorporated in the Sarbanes-Oxley Act of 2002; and the FDIC's experience in administering Part 363. The amendments are also intended to provide clearer and more complete guidance for compliance. Comments are due by January 31, 2008
  • Format:
  • Release Date:
    11/02/2007
  • Update Date:
    10/02/2008
  • Withdrawn Date:
    Not Available
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC)
  • Fdic Employee Involved:
    Harrison Greene
  • Law Involved:
    Sarbanes-Oxley Act of 2002
  • Related Regulation:
    12 CFR Part 308;12 CFR Part 363;
  • Comment Period End Date:
    01/31/2008
  • Source:
    FDIC Website
  • Memorandum To:
    Selected FDIC-insured institutions
  • FIL Number:
    FIL-96-2007
  • Main Document Checksum:
  • File Type:

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