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Proposal to Modernize Large-Bank Deposit Insurance Determinations: Comments Sought on Advance Notice of Proposed Rulemaking
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01/10/2006
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Description:The FDIC is seeking comment on whether the largest insured depository institutions should be required to modify their deposit systems so that the FDIC may calculate deposit insurance coverage quickly in the event of a failure of one of these institutions. The advance notice of proposed rulemaking (ANPR) is attached. Comments are due by March 13, 2006.
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Release Date:01/10/2006
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Update Date:01/10/2006
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:Mitchell L. Glassman;James Marino;Christopher Hencke;
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Related Regulation:12 C.F.R. Part 330
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Comment Period End Date:03/13/2006
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Source:FDIC Website
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Memorandum To:All Insured Depository Institutions
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FIL Number:FIL-02-2006
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