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
2020_register
executive
2020-08-20
article
Incorporation of Existing Statement of Policy Regarding Requests for Participation in the Affairs of an Insured Depository Institution by Convicted Individuals
Rules and Regulations
D09002ee1c1023212
D09002ee1c1023298
United States
Federal Deposit Insurance Corporation
originator
org
United States Government Agency or Subagency
Section 19 of the Federal Deposit Insurance Act requires persons convicted of certain criminal offenses to obtain prior written consent before participating in the conduct of the affairs of any depository institution. The Federal Deposit Insurance Corporation (FDIC) is revising its existing regulations relating to section 19 to revise the FDIC's procedures and standards relating to applications for the FDIC's written consent, and to incorporate and revise the FDIC's existing Statement of Policy for Section 19 of the Federal Deposit Insurance Act (SOP). Incorporating the SOP into the FDIC's regulations will make application of the SOP more transparent, increase certainty concerning the FDIC's application process, afford regulatory relief, and help both insured depository institutions and affected individuals to understand the impact of section 19 and to potentially seek relief from it. The FDIC's existing SOP will be rescinded on the date this final rule (rule) becomes effective.
85 FR 51312
https://www.govinfo.gov/app/details/FR-2020-08-20/2020-16464
2020-16464
fr20au20-3
RIN 3064-AF19
6714-01-P
https://www.govinfo.gov/app/details/FR-2020-08-20/2020-16464
https://www.govinfo.gov/content/pkg/FR-2020-08-20/html/2020-16464.htm
https://www.govinfo.gov/content/pkg/FR-2020-08-20/pdf/2020-16464.pdf
Administrative Practice and Procedure
Rules of Practice and Procedure
13 p.
51312
51324
85 FR 51312
Code of Federal Regulations
Title 12 Part 303
12 CFR Part 303
Code of Federal Regulations
Title 12 Part 308
12 CFR Part 308
Regulation Identification Number 3064-AF19
RIN 3064-AF19
Incorporation of Existing Statement of Policy Regarding Requests for Participation in the Affairs of an Insured Depository Institution by Convicted Individuals; Federal Register Vol. 85, Issue
RULE
2020-16464
FEDERAL DEPOSIT INSURANCE CORPORATION
2020-09-21
6714-01-P
2020-16464
Final rule.
Section 19 of the Federal Deposit Insurance Act requires persons convicted of certain criminal offenses to obtain prior written consent before participating in the conduct of the affairs of any depository institution. The Federal Deposit Insurance Corporation (FDIC) is revising its existing regulations relating to section 19 to revise the FDIC's procedures and standards relating to applications for the FDIC's written consent, and to incorporate and revise the FDIC's existing Statement of Policy for Section 19 of the Federal Deposit Insurance Act (SOP). Incorporating the SOP into the FDIC's regulations will make application of the SOP more transparent, increase certainty concerning the FDIC's application process, afford regulatory relief, and help both insured depository institutions and affected individuals to understand the impact of section 19 and to potentially seek relief from it. The FDIC's existing SOP will be rescinded on the date this final rule (rule) becomes effective.
This rule is effective September 21, 2020.
Timothy Schuett, Review Examiner (763) 614-9473; Brian Zeller, Review Examiner (571) 345-8170; or Larisa Collado, Section Chief (202) 898-8509, lcollado@fdic.gov, in the Division of Risk Management Supervision; or Graham Rehrig, Senior Attorney, (202) 898-3829; John Dorsey, Acting Supervisory Counsel, (202) 898-3807; Anne DeSimone, Deputy Regional Counsel, (781) 794-5541; or Andrea Winkler, Acting Assistant General Counsel, (202) 898-3727, in the Legal Division.
Administrative Practice and Procedure
Rules of Practice and Procedure
Incorporation of Existing Statement of Policy Regarding Requests:
Participation in the Affairs of an Insured Depository Institution by Convicted Individuals,
lcollado@fdic.gov
https://orders.fdic.gov/s/searchform
https://www.fdic.gov/regulations/applications/resources/brochure-section-19.pdf
www.fdic.gov
Federal Register
Vol. 85, no. 162
Office of the Federal Register, National Archives and Records Administration
2020-08-20
continuing
daily
deposited
born digital
340 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2020-08-20
P0b002ee1a809e94b
0097-6326
0042-1219
0364-1406
769-004-00000-9
000582072
f:fr20au20
https://www.govinfo.gov/app/details/FR-2020-08-20
https://www.govinfo.gov/content/pkg/FR-2020-08-20/pdf/FR-2020-08-20.pdf
https://www.govinfo.gov/content/pkg/FR-2020-08-20/xml/FR-2020-08-20.xml
fdlp
51301
51629
DGPO
2020-08-20
2023-09-26
FR-2020-08-20
machine generated
eng
FR
FR-2020-08-20
85
162