United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2015_register executive 2015-12-19 article Rules and Regulations D09002ee1c7f6c044 D09002ee1c7f6c0c0 United States Federal Deposit Insurance Corporation originator org United States Government Agency or Subagency The Federal Deposit Insurance Corporation ("FDIC") is adopting a final rule to rescind and remove from the Code of Federal Regulations the transferred OTS regulation entitled "Management Official Interlocks." This subpart was included in the regulations that were transferred to the FDIC from the Office of Thrift Supervision ("OTS") on July 21, 2011, in connection with the implementation of applicable provisions of title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"). The requirements for State savings associations in the transferred OTS regulation are substantively similar to those in the FDIC's regulation, which is also entitled "Management Official Interlocks" and is applicable for all insured depository institutions ("IDIs") for which the FDIC has been designated the appropriate Federal banking agency. 80 FR 79250 https://www.govinfo.gov/app/details/FR-2015-12-21/2015-31940 2015-31940 fr21de15-2 RIN 3064-AE20 6714-01-P https://www.govinfo.gov/app/details/FR-2015-12-21/2015-31940 https://www.govinfo.gov/content/pkg/FR-2015-12-21/html/2015-31940.htm https://www.govinfo.gov/content/pkg/FR-2015-12-21/pdf/2015-31940.pdf Banks Banking; Management Official Interlocks; Savings Associations Management Official Interlocks 6 p. 79250 79255 80 FR 79250 Title 12 Part 348 12 CFR Part 348 Title 12 Part 390 12 CFR Part 390 RIN 3064-AE20 Removal of Transferred OTS Regulations Regarding Management Official Interlocks and Amendments to FDIC's Rules and Regulations; Federal Register Vol. 80, Issue RULE 2015-31940 FEDERAL DEPOSIT INSURANCE CORPORATION 2016-01-20 6714-01-P 2015-31940 Final rule.

The Federal Deposit Insurance Corporation ("FDIC") is adopting a final rule to rescind and remove from the Code of Federal Regulations the transferred OTS regulation entitled "Management Official Interlocks." This subpart was included in the regulations that were transferred to the FDIC from the Office of Thrift Supervision ("OTS") on July 21, 2011, in connection with the implementation of applicable provisions of title III of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"). The requirements for State savings associations in the transferred OTS regulation are substantively similar to those in the FDIC's regulation, which is also entitled "Management Official Interlocks" and is applicable for all insured depository institutions ("IDIs") for which the FDIC has been designated the appropriate Federal banking agency.

The final rule is effective on January 20, 2016. Jennifer Maree, Counsel, Legal Division, (202) 898-6543; Mark Mellon, Counsel, Legal Division, (202) 898-3884; Karen Currie, Senior Examination Specialist, (202) 898-3981. Banks Banking; Management Official Interlocks; Savings Associations Management Official Interlocks Removal of Transferred OTS Regulations Regarding Management Official Interlocks and Amendments to FDIC's Rules and Regulations , Vol. 80, no. 244 Office of the Federal Register, National Archives and Records Administration 2015-12-21 continuing daily deposited born digital 237 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2015-12-21 P0b002ee18e2a3112 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr21de15 https://www.govinfo.gov/app/details/FR-2015-12-21 https://www.govinfo.gov/content/pkg/FR-2015-12-21/pdf/FR-2015-12-21.pdf https://www.govinfo.gov/content/pkg/FR-2015-12-21/xml/FR-2015-12-21.xml fdlp 79231 79458 DGPO 2015-12-19 2024-06-02 FR-2015-12-21 machine generated eng FR FR-2015-12-21 80 244