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    <abstract>The Office of the Comptroller of the Currency (OCC) is revising its rules governing extensions of credit to national bank insiders. This rulemaking is another component of the OCC's Regulation Review Program to update and streamline OCC regulations and to reduce unnecessary regulatory costs and other burdens. The final rule modernizes and clarifies the insider lending rules and reduces unnecessary regulatory burdens where feasible, consistent with statutory requirements.</abstract>
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        <summary>The Office of the Comptroller of the Currency (OCC) is revising its rules governing extensions of credit to national bank insiders. This rulemaking is another component of the OCC's Regulation Review Program to update and streamline OCC regulations and to reduce unnecessary regulatory costs and other burdens. The final rule modernizes and clarifies the insider lending rules and reduces unnecessary regulatory burdens where feasible, consistent with statutory requirements.</summary>
        <dates>November 20, 1996.</dates>
        <contact>Aline Henderson, Senior Attorney, Bank Activities and Structure (202) 874-5300; Emily McNaughton, National Bank Examiner, Credit &amp; Management Policy (202) 874-5170; or Mark Tenhundfeld, Assistant Director, Legislative and Regulatory Activities (202) 874-5090, Office of the Comptroller of the Currency, Communications Division, 250 E Street, SW, Washington, DC 20219.</contact>
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