United States Government Publishing Office
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Regulatory Information
2015_register
executive
2018-02-27
article
Filing Requirements and Processing Procedures for Changes in Control With Respect to State Nonmember Banks and State Savings Associations
Rules and Regulations
D09002ee1bdc249e3
D09002ee1bdc24afc
United States
Federal Deposit Insurance Corporation
originator
org
United States Government Agency or Subagency
On November 25, 2014, the FDIC published a notice of proposed rulemaking (proposed rule or NPR) to amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (Notices). The comment period closed January 26, 2015, and no comments were received. The FDIC is now adopting that proposed rule as final with one change (final rule). The final rule accomplishes several objectives. First, the final rule consolidates into one subpart the current requirements and procedures for Notices filed with respect to State nonmember banks and certain parent companies thereof, and the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof. Second, the final rule rescinds the FDIC's separate regulation governing the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof and rescinds any guidance issued by the Office of Thrift Supervision (OTS) relating to changes in control of State savings associations that is inconsistent with the final rule. Third, the final rule adopts the best practices of the related regulations of the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (Board of Governors). Finally, the final rule clarifies the FDIC's requirements and procedures based on its experience interpreting and implementing the existing regulation. This final rule is also part of the FDIC's continuing review of its regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996.
80 FR 65889
https://www.govinfo.gov/app/details/FR-2015-10-28/2015-27289
2015-27289
fr28oc15-4
RIN 3064-AE24
6714-01-P
https://www.govinfo.gov/app/details/FR-2015-10-28/2015-27289
https://www.govinfo.gov/content/pkg/FR-2015-10-28/html/2015-27289.htm
https://www.govinfo.gov/content/pkg/FR-2015-10-28/pdf/2015-27289.pdf
Administrative Practice and Procedure
Banks
Banking
Savings Associations
Change in Bank Control
15 p.
65889
65903
80 FR 65889
Code of Federal Regulations
Title 12 Part 303
12 CFR Part 303
Code of Federal Regulations
Title 12 Part 391
12 CFR Part 391
Regulation Identification Number 3064-AE24
RIN 3064-AE24
Filing Requirements and Processing Procedures for Changes in Control With Respect to State Nonmember Banks and State Savings Associations; Federal Register Vol. 80, Issue
RULE
2015-27289
FEDERAL DEPOSIT INSURANCE CORPORATION
2016-01-01
6714-01-P
2015-27289
Final rule.
On November 25, 2014, the FDIC published a notice of proposed rulemaking (proposed rule or NPR) to amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (Notices). The comment period closed January 26, 2015, and no comments were received. The FDIC is now adopting that proposed rule as final with one change (final rule). The final rule accomplishes several objectives. First, the final rule consolidates into one subpart the current requirements and procedures for Notices filed with respect to State nonmember banks and certain parent companies thereof, and the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof. Second, the final rule rescinds the FDIC's separate regulation governing the requirements and procedures for Notices filed with respect to State savings associations and certain parent companies thereof and rescinds any guidance issued by the Office of Thrift Supervision (OTS) relating to changes in control of State savings associations that is inconsistent with the final rule. Third, the final rule adopts the best practices of the related regulations of the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (Board of Governors). Finally, the final rule clarifies the FDIC's requirements and procedures based on its experience interpreting and implementing the existing regulation. This final rule is also part of the FDIC's continuing review of its regulations under the Economic Growth and Regulatory Paperwork Reduction Act of 1996.
The final rule is effective January 1, 2016.
Ann Johnson Taylor, Supervisory Counsel, AJohnsonTaylor@fdic.gov; Gregory S. Feder, Counsel, GFeder@fdic.gov; Rachel J. Ackmann, Counsel, RAckmann@fdic.gov; Robert C. Fick, Senior Counsel, RFick@fdic.gov.
Administrative Practice and Procedure
Banks
Banking
Savings Associations
Change in Bank Control
Filing Requirements and Processing Procedures for Changes in Control With Respect to State Nonmember Banks and State Savings Associations
,
AJohnsonTaylor@fdic.gov
GFeder@fdic.gov
RAckmann@fdic.gov
RFick@fdic.gov
http://www.federalreserve.gov/newsevents/press/bcreg/20080922c.htm
Federal Register
Vol. 80, no. 208
Office of the Federal Register, National Archives and Records Administration
2015-10-28
continuing
daily
deposited
born digital
542 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2015-10-28
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0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr28oc15
https://www.govinfo.gov/app/details/FR-2015-10-28
https://www.govinfo.gov/content/pkg/FR-2015-10-28/pdf/FR-2015-10-28.pdf
https://www.govinfo.gov/content/pkg/FR-2015-10-28/xml/FR-2015-10-28.xml
fdlp
65881
66412
DGPO
2018-02-27
2023-04-29
FR-2015-10-28
machine generated
eng
FR
FR-2015-10-28
80
208