[The Regulatory Plan and Unified Agenda of Federal Regulatory and Deregulatory Actions]
[Federal Deposit Insurance Corporation Semiannual Regulatory Agenda]
[From the U.S. Government Printing Office, www.gpo.gov]


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Part LIII






Federal Deposit Insurance Corporation





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Semiannual Regulatory Agenda

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FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)






_______________________________________________________________________

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Ch. III

Semiannual Agenda of Regulations

AGENCY: Federal Deposit Insurance Corporation.

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is hereby 
publishing items for the fall 2002 Unified Agenda of Regulatory and 
Deregulatory Actions. The agenda contains information about FDIC's 
current and projected rulemakings, existing regulations under review, 
and completed rulemakings.

FOR FURTHER INFORMATION CONTACT: Persons identified under regulations 
listed in the agenda. Unless otherwise noted, the address for all FDIC 
staff identified in the agenda is Federal Deposit Insurance 
Corporation, 550 17th Street NW., Washington, DC 20429.

SUPPLEMENTARY INFORMATION: Twice each year, the FDIC publishes an 
agenda of regulations to inform the public of its regulatory actions 
and to enhance public participation in the rulemaking process. 
Publication of the agenda is in accordance with the Regulatory 
Flexibility Act (5 U.S.C. 601 et seq.). The FDIC amends its regulations 
under the general rulemaking authority prescribed in section 9 of the 
Federal Deposit Insurance Act (12 U.S.C. 1819) and under specific 
authority granted by the Act and other statutes.

     A number of the actions identified in this agenda have been 
developed to implement provisions of the Gramm-Leach-Bliley Act, or 
to implement other recent statutory mandates. Many of the FDIC's 
regulatory actions are coordinated with other Federal regulators, 
primarily the Office of the Comptroller of the Currency (OCC), the 
Board of Governors of the Federal Reserve System (FRS), and the 
Office of Thrift Supervision (OTS). In some cases, the FDIC also 
coordinates with the National Credit Union Administration (NCUA).

     Interested persons may petition the FDIC for the issuance, 
amendment, or repeal of any regulation by submitting a written 
petition to the Executive Secretary, Federal Deposit Insurance 
Corporation, Washington, DC 20429. Petitioners should include 
complete and concise statements of their interest in the subject 
matter and reasons why the petitions should be granted.

Federal Deposit Insurance Corporation.

 Robert E. Feldman,

Executive Secretary.

                              Federal Deposit Insurance Corporation--Prerule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4116        12 CFR 327 Assessments--Assessment Base.............................................     3064-AB46
----------------------------------------------------------------------------------------------------------------


                           Federal Deposit Insurance Corporation--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4117        12 CFR 334 Fair Credit Reporting Act Regulations....................................     3064-AC35
4118        12 CFR 342 Brokers and Dealers......................................................     3064-AC42
4119        12 CFR 330 Deposit Insurance Coverage...............................................     3064-AC43
4120        12 CFR 325 Simplified Capital Framework for Noncomplex Financial Institutions.......     3064-AC44
4121        12 CFR 303 Insurance of State Banks Chartered as Limited Liability Companies........     3064-AC53
4122        12 CFR 330 Deposit Insurance Regulations; Living Trust Accounts; Depository              3064-AC54
            Institution Checks; Deposit Insurance Pamphlet......................................
4123        12 CFR 303 Filing Procedures........................................................     3064-AC55
----------------------------------------------------------------------------------------------------------------


                             Federal Deposit Insurance Corporation--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4124        12 CFR 342 Qualification Requirements for the Recommendation or Sale of Certain          3064-AB85
            Securities..........................................................................
4125        12 CFR 366 Minimum Standards of Integrity and Fitness for an FDIC Contractor             3064-AC29
            (Section 610 Review)................................................................
4126        12 CFR 325 Risk-Based Capital Guidelines: Market Risk Measure; Securities Borrowing      3064-AC46
            Transactions........................................................................
4127        12 CFR 303 Filing Procedures and Delegations of Authority...........................     3064-AC51
----------------------------------------------------------------------------------------------------------------


[[Page 75575]]


                            Federal Deposit Insurance Corporation--Long-Term Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4128        12 CFR 345 Community Reinvestment Act Regulations (Section 610 Review)..............     3064-AC50
----------------------------------------------------------------------------------------------------------------


                            Federal Deposit Insurance Corporation--Completed Actions
----------------------------------------------------------------------------------------------------------------
                                                                                                    Regulation
 Sequence                                          Title                                          Identification
  Number                                                                                              Number
----------------------------------------------------------------------------------------------------------------
4129        12 CFR 360 Payment of Post-Insolvency Interest in Receiverships With Surplus Funds..     3064-AB92
4130        12 CFR 325 Risk-Based Capital Standards: Claims on Securities Firms.................     3064-AC17
4131        12 CFR 369 Prohibition Against Use of Interstate Branches Primarily For Deposit          3064-AC36
            Production..........................................................................
4132        12 CFR 313 Procedures for Corporate Debt Collection.................................     3064-AC40
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________


Federal Deposit Insurance Corporation (FDIC)              Prerule Stage






_______________________________________________________________________




4116. ASSESSMENTS--ASSESSMENT BASE

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1441; 12 USC 1817 to 1819

CFR Citation: 12 CFR 327

Legal Deadline: None

Abstract: In 1994, the FDIC sought comment on a proposal to revise the 
assessment base used by insured institutions to determine the premium 
paid for deposit insurance. That initiative did not lead to a proposed 
rule. Instead, the FDIC plans to revisit the issue with a new advanced 
notice of proposed rulemaking on alternative options for the deposit 
component of the assessment base and on options regarding the float 
deduction and use of average daily deposit balances.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           10/05/94                    59 FR 50710
ANPRM Comment Period End        02/02/95
Second ANPRM                    11/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Steve Wagoner, Senior Assessment Specialist, Division 
of Finance, Federal Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 416-7152

RIN: 3064-AB46
_______________________________________________________________________


Federal Deposit Insurance Corporation (FDIC)        Proposed Rule Stage






_______________________________________________________________________




4117. FAIR CREDIT REPORTING ACT REGULATIONS

Priority: Substantive, Nonsignificant

Legal Authority: 15 USC 1681s; 12 USC 1819(a)(Tenth)

CFR Citation: 12 CFR 334

Legal Deadline: None

Abstract: Section 506 of the Gramm-Leach-Bliley Act requires bank 
regulators and FTC to publish FCRA regulations to implement the Fair 
Credit Reporting Act. Due to comments received from a joint notice of 
proposed rulemaking, dated October 20, 2000, it is anticipated that the 
agencies will issue a new proposed rulemaking for public comment.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            10/20/00                    65 FR 63120
NPRM Comment Period End         12/04/00
Second NPRM                     11/00/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Robert A. Patrick, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3757

RIN: 3064-AC35
_______________________________________________________________________




4118. BROKERS AND DEALERS

Priority: Substantive, Nonsignificant

Legal Authority: 15 USC 78a

CFR Citation: 12 CFR 342

Legal Deadline: Final, Statutory, May 12, 2001.

Abstract: This rulemaking implements section 204 of the Gramm-Leach-
Bliley Act (GLBA), which requires the Federal banking agencies to 
establish recordkeeping requirements for banks relying on any of the 
broker-dealer exemptions listed in sections 201 and 202 of GLBA.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            06/00/03

[[Page 75576]]

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

Related RIN: Related To 3064-AB85
RIN: 3064-AC42
_______________________________________________________________________




4119. DEPOSIT INSURANCE COVERAGE

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1813(l)

CFR Citation: 12 CFR 330

Legal Deadline: None

Abstract: This rulemaking establishes a uniform and streamlined appeals 
process for deposit insurance claims.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Catherine Ribnick, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 736-0117

RIN: 3064-AC43
_______________________________________________________________________




4120. SIMPLIFIED CAPITAL FRAMEWORK FOR NONCOMPLEX FINANCIAL INSTITUTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1815(a)

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: This notice, sponsored jointly by the OCC, the FRS, the FDIC 
and OTS, advises the public that the Agencies are considering 
developing a regulatory capital framework tailored to the size, 
structure, complexity, and risk profile of domestic, noncomplex 
financial institutions. The Agencies are seeking comment on possible 
regulatory capital frameworks that may ease the burden on these 
financial institutions, such as a simplified risk-based or a modified 
leverage ratio framework.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           11/03/00                    65 FR 66193
ANPRM Comment Period End        02/01/01
NPRM                            12/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

RIN: 3064-AC44
_______________________________________________________________________




4121. [bull] INSURANCE OF STATE BANKS CHARTERED AS LIMITED LIABILITY 
COMPANIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 378; 12 USC 1813; 12 USC 1815; 12 USC 1816; 12 
USC 1817; 12 USC 1818; 12 USC 1819 (Seventh and Tenth); 12 USC 1820; 12 
USC 1823; 12 USC 1828; 12 USC 1831e; 12 USC 1831o; 12 USC 1831p-1; 12 
USC 1831w; 12 USC 1835a; 12 USC 1843(l); 12 USC 3104; 12 USC 3105; 12 
USC 3108; 12 USC 3207; 15 USC 1601 to 1607

CFR Citation: 12 CFR 303

Legal Deadline: None

Abstract: This rulemaking clarifies that a State bank that is chartered 
as a limited liability company would be considered to be incorporated 
for the purposes of being eligible for Federal deposit insurance under 
certain circumstances.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            07/23/02                    67 FR 48054
NPRM Comment Period End         10/21/02
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Curtis L. Vaughn, Examination Specialist, Division of 
Supervision and Consumer Protection, Federal Deposit Insurance 
Corporation, Washington, DC 20429
Phone: 202 898-6759

RIN: 3064-AC53
_______________________________________________________________________




4122. [bull] DEPOSIT INSURANCE REGULATIONS; LIVING TRUST ACCOUNTS; 
DEPOSITORY INSTITUTION CHECKS; DEPOSIT INSURANCE PAMPHLET

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1813(l); 12 USC 1813(m); 12 USC 1817(I); 12 USC 
1818(q); 12 USC 1819 (Tenth); 12 USC 1820(f); 12 USC 1821(a)

CFR Citation: 12 CFR 330

Legal Deadline: None

Abstract: This rulemaking: (1) simplifies the regulations on the 
insurance coverage of living trust accounts; (2) adds an exemption for 
deposit funds withdrawn by an ``official'' depository institution check 
issued just before an insured depository institution fails and; (3) 
requires FDIC-insured depository institutions to make available to 
their customers the FDIC's deposit insurance brochure.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Joseph A. DiNuzzo, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-7349

RIN: 3064-AC54
_______________________________________________________________________




4123. [bull] FILING PROCEDURES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 378

CFR Citation: 12 CFR 303

Legal Deadline: None

Abstract: This rulemaking revises information requirements for change 
in control, reflects certain Gramm-Leach-Bliley requirements and adds a 
waiver provision for filings.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            11/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

[[Page 75577]]

Agency Contact: Mindy West, Examination Specialist, Division of 
Supervision and Consumer Protection, Federal Deposit Insurance 
Corporation, Washington, DC 20429
Phone: 202 898-7221

Related RIN: Related To 3064-AC51
RIN: 3064-AC55
_______________________________________________________________________


Federal Deposit Insurance Corporation (FDIC)           Final Rule Stage






_______________________________________________________________________




4124. QUALIFICATION REQUIREMENTS FOR THE RECOMMENDATION OR SALE OF 
CERTAIN SECURITIES

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1818; 12 USC 1831

CFR Citation: 12 CFR 342

Legal Deadline: Final, Statutory, May 12, 2001, recordkeeping 
requirement.

Abstract: This proposal, sponsored jointly by the OCC, the FRS, and the 
FDIC, would establish qualifications for banks that sell certain 
securities to their customers without having to register as a broker 
under the Securities Exchange Act. FDIC staff are contemplating a 
recommendation to rescind this proposal and replace it with a second 
notice of proposed rulemaking (NPRM) to exempt banks from registering 
with the NASD/SEC as securities brokers or dealers in the event that 
they qualify under any of the exemption criteria in Gramm-Leach-Bliley 
Act sections 201 or 202.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/30/96                    61 FR 68824
NPRM Comment Period End         02/28/97
Final Action                    06/00/03

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Michael Phillips, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3581

Related RIN: Related To 3064-AC42
RIN: 3064-AB85
_______________________________________________________________________




4125. MINIMUM STANDARDS OF INTEGRITY AND FITNESS FOR AN FDIC CONTRACTOR 
(SECTION 610 REVIEW)

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819 (Tenth); 12 USC 1822(f)(3); 12 USC 
1822(f)(4); 107 Stat 2369

CFR Citation: 12 CFR 366

Legal Deadline: None

Abstract: This rulemaking replaces the Contractor Conflicts of Interest 
rule and establishes standards for independent contractors governing 
contracting prohibitions, conflicts of interest, ethical 
responsibilities, confidential information, and reportable information.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              05/15/02                    67 FR 34591
Interim Final Rule Effective    05/15/02
Interim Final Rule Comment 
Period End                      07/15/02
Final Action                    11/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Martin Blumenthal, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 736-0359

RIN: 3064-AC29
_______________________________________________________________________




4126. RISK-BASED CAPITAL GUIDELINES: MARKET RISK MEASURE; SECURITIES 
BORROWING TRANSACTIONS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1815(a); 12 USC 1815(b); 12 USC 1816; 12 USC 
1818(a) to 1818(c); 12 USC 1818(t); 12 USC 1819 (Tenth); 12 USC 
1828(c); 12 USC 1828(d); 12 USC 1828(i); 12 USC 1828(n); 12 USC 
1828(o); 12 USC 1831o; PL 102-233; 105 Stat 1761; 105 Stat 1789; 105 
Stat 1790; PL 102-242; 105 Stat 2236; 105 Stat 2355; 105 Stat 2386

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: This rulemaking sponsored jointly by the OCC, the FRS and the 
FDIC, amends their market risk rules to revise the capital treatment 
for cash collateral that is posted in connection with certain 
securities borrowing transactions. The effect of the rule is to more 
appropriately align the capital requirements for these transactions 
with the risk involved and to provide a capital treatment for U.S. 
banking organizations that is more in line with the capital treatment 
applied to their domestic and foreign competitors.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Interim Final Rule              12/05/00                    65 FR 75856
Interim Final Rule Effective    01/04/01
Interim Final Rule Comment 
Period End                      01/19/01
Final Action                    12/00/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert F. Storch, Chief, Accounting Section, Division 
of Supervision and Consumer Protection, Federal Deposit Insurance 
Corporation, Washington, DC 20429
Phone: 202 898-8906

RIN: 3064-AC46
_______________________________________________________________________




4127. FILING PROCEDURES AND DELEGATIONS OF AUTHORITY

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 378

CFR Citation: 12 CFR 303

Legal Deadline: None

Abstract: This rulemaking revises part 303 to reflect the corporate 
reorganization, removes all delegations

[[Page 75578]]

of authorities regarding filings and enforcement actions, and makes 
technical amendments.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    11/00/02

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Mindy West, Examination Specialist, Division of 
Supervision and Consumer Protection, Federal Deposit Insurance 
Corporation, Washington, DC 20429
Phone: 202 898-7221

RIN: 3064-AC51
_______________________________________________________________________


Federal Deposit Insurance Corporation (FDIC)          Long-Term Actions






_______________________________________________________________________




4128. COMMUNITY REINVESTMENT ACT REGULATIONS (SECTION 610 REVIEW)

Priority: Substantive, Nonsignificant

CFR Citation: 12 CFR 345

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

ANPRM                           07/19/01                    66 FR 37602
ANPRM Comment Period End        10/17/01
NPRM                             To Be                       Determined

Regulatory Flexibility Analysis Required: Undetermined

Government Levels Affected: None

Agency Contact: Deanna Caldwell
Phone: 202 942-3366

RIN: 3064-AC50
_______________________________________________________________________


Federal Deposit Insurance Corporation (FDIC)          Completed Actions






_______________________________________________________________________




4129. PAYMENT OF POST-INSOLVENCY INTEREST IN RECEIVERSHIPS WITH SURPLUS 
FUNDS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1821(d)(1); 12 USC 1821(d)(10)(C); 12 USC 
1821(d)(11); 12 USC 1821(e)(1); 12 USC 1821(e)(8)(D)(i); 12 USC 
1823(c)(4); 12 USC 1823(e)(2); PL 101-73; 103 Stat 357

CFR Citation: 12 CFR 360

Legal Deadline: None

Abstract: This rulemaking establishes uniform rules governing the 
payment and priority of post-insolvency interest in insured depository 
institution receiverships with surplus funds.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/18/01                    66 FR 65144
NPRM Comment Period End         02/19/02
Final Action                    05/14/02                    67 FR 34385
Final Action Effective          06/13/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Rodney D. Ray, Counsel, Legal Division, Federal Deposit 
Insurance Corporation, Washington, DC 20429
Phone: 202 898-3556

RIN: 3064-AB92
_______________________________________________________________________




4130. RISK-BASED CAPITAL STANDARDS: CLAIMS ON SECURITIES FIRMS

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1815(a); 12 USC 1828(d); 12 USC 1828(i); 12 USC 
1828(n); 12 USC 1828(o); 12 USC 1831o; 12 USC 1835; 12 USC 1815(b); 12 
USC 1816; 12 USC 1818(a) to 1818(c); 12 USC 1818(t); 12 USC 1819 
(Tenth); 12 USC 1828(c)

CFR Citation: 12 CFR 325

Legal Deadline: None

Abstract: This rulemaking is sponsored jointly by the OCC, the FRS, the 
FDIC and OTS (the Agencies), and amends their respective risk-based 
capital standards for banks, bank holding companies, and savings 
associations with regard to the risk-weighting of claims on, and claims 
guaranteed by, qualifying securities firms. The rule reduces the risk 
weight applied to claims on, and claims guaranteed by, qualifying 
securities firms incorporated in countries that are members of the 
Organization for Economic Cooperation and Development (OECD) from 100 
percent to 20 percent under the Agencies' risk-based capital rules.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/06/00                    65 FR 76180
NPRM Comment Period End         01/22/01
Final Action                    04/09/02                    67 FR 16971
Final Action Effective          07/01/02

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

Agency Contact: Robert F. Storch, Chief, Accounting Section, Division 
of Supervision and Consumer Protection, Federal Deposit Insurance 
Corporation, Washington, DC 20429
Phone: 202 898-8906

RIN: 3064-AC17
_______________________________________________________________________




4131. PROHIBITION AGAINST USE OF INTERSTATE BRANCHES PRIMARILY FOR 
DEPOSIT PRODUCTION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819 (Tenth); 12 USC 1835a

CFR Citation: 12 CFR 369

Legal Deadline: None

Abstract: The rulemaking implements section 106 of the Gramm-Leach-
Bliley Act, which amends the Riegle-Neal Interstate Banking and 
Branching Efficiency Act of 1994, to provide that any branch of a bank 
controlled by an out-of-state bank holding company is considered to be 
an interstate branch for purposes of Riegle-Neal.

[[Page 75579]]

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            04/09/01                    66 FR 18411
NPRM Comment Period End         06/08/01
Final Action                    06/06/02                    67 FR 38844
Final Action Effective          10/01/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Mark A. Mellon, Counsel, Legal Division, Federal 
Deposit Insurance Corporation, Washington, DC 20429
Phone: 202 898-3884

RIN: 3064-AC36
_______________________________________________________________________




4132. PROCEDURES FOR CORPORATE DEBT COLLECTION

Priority: Substantive, Nonsignificant

Legal Authority: 12 USC 1819(a); 5 USC 5514; 31 USC 3711; 31 USC 3716

CFR Citation: 12 CFR 313

Legal Deadline: None

Abstract: This rulemaking establishes procedures for the collection of 
debts owed the FDIC. The rulemaking also implements the Debt Collection 
Improvement Act of 1996, which requires agencies to promulgate 
regulations on this subject. The regulation sets forth the procedures 
the FDIC would follow in collecting debts through salary offset, 
administrative offset, and tax refund offset.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

Final Action                    07/25/02                    67 FR 48525
Final Action Effective          08/26/02

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

Agency Contact: Manuel Palau, Counsel, Legal Division, Federal Deposit 
Insurance Corporation, Washington, DC 20429
Phone: 202 898-8829

RIN: 3064-AC40
[FR Doc. 02-23906 Filed 12-06-02; 8:45 am]
BILLING CODE 6714-01-S
