Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996, 79724-79735 [2015-32312]
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79724
§ 1217.8
Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
Statute of Limitations.
The statute of limitations for
commencing a hearing under this part
shall be tolled:
(a) If the hearing is commenced in
accordance with 31 U.S.C. 3803(d)(2)(B)
within 6 years after the date on which
the claim or statement is made; or
(b) If the parties agree to such tolling.
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§ 1217.9
Hearings.
(a) General. Hearings under this part
shall be conducted in accordance with
the procedures in subpart B of part 1209
of this chapter, governing actions in
accordance with subchapter II of
chapter 5, U.S.C. (commonly known as
the Administrative Procedure Act).
(b) Factors to consider in determining
amount of penalties and assessments. In
determining an appropriate amount of
any civil penalty and, if appropriate,
any assessment, the presiding officer
and, upon appeal, the Director or
designee thereof, shall consider and
state in his or her opinion any
mitigating or aggravating circumstances.
The amount of penalties and
assessments imposed shall be based on
the presiding officer’s and the Director’s
or designee’s consideration of evidence
in support of one or more of the
following factors:
(1) The number of false, fictitious, or
fraudulent claims or statements;
(2) The time period over which such
claims or statements were made;
(3) The degree of the respondent’s
culpability with respect to the
misconduct;
(4) The amount of money or the value
of the property, services, or benefit
falsely claimed;
(5) The value of the actual loss to
FHFA as a result of the misconduct,
including foreseeable consequential
damages and the cost of investigation;
(6) The relationship of the civil
penalties to the amount of the loss to
FHFA;
(7) The potential or actual impact of
the misconduct upon public health or
safety or public confidence in the
management of FHFA programs and
operations, including particularly the
impact on the intended beneficiaries of
such programs;
(8) Whether the respondent has
engaged in a pattern of the same or
similar misconduct;
(9) Whether the respondent attempted
to conceal the misconduct;
(10) The degree to which the
respondent has involved others in the
misconduct or in concealing it;
(11) If the misconduct of employees or
agents is imputed to the respondent, the
extent to which the respondent’s
practices fostered or attempted to
preclude the misconduct;
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(12) Whether the respondent
cooperated in or obstructed an
investigation of the misconduct;
(13) Whether the respondent assisted
in identifying and prosecuting other
wrongdoers;
(14) The complexity of the program or
transaction, and the degree of the
respondent’s sophistication with respect
to it, including the extent of the
respondent’s prior participation in the
program or in similar transactions;
(15) Whether the respondent has been
found, in any criminal, civil, or
administrative proceeding, to have
engaged in similar misconduct or to
have dealt dishonestly with the
Government of the United States or of
a State, directly or indirectly;
(16) The need to deter the respondent
and others from engaging in the same or
similar misconduct;
(17) The respondent’s ability to pay;
and
(18) Any other factors that in any
given case may mitigate or aggravate the
seriousness of the false claim or
statement.
(c) Stays ordered by the Department
of Justice. If at any time the Attorney
General or an Assistant Attorney
General designated by the Attorney
General notifies the Director in writing
that continuation of FHFA’s action may
adversely affect any pending or
potential criminal or civil action related
to the claim or statement at issue, the
presiding officer or the Director shall
stay the FHFA action immediately. The
FHFA action may be resumed only upon
receipt of the written authorization of
the Attorney General.
§ 1217.10
Settlements.
(a) General. The reviewing official, on
behalf of FHFA, and the respondent
may enter into a settlement agreement
under § 1209.20 of this chapter at any
time prior to the issuing of a notice of
final decision under § 1209.55 of this
chapter.
(b) Failure to comply. Failure of the
respondent to comply with a settlement
agreement shall be sufficient cause for
resuming an action under this part, or
for any other judicial or administrative
action.
Dated: December 16, 2015.
Melvin L. Watt,
Director, Federal Housing Finance Agency.
[FR Doc. 2015–32182 Filed 12–22–15; 8:45 am]
BILLING CODE 8070–01–P
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
12 CFR Chapter I
[Docket ID FFIEC–2014–0001]
FEDERAL RESERVE SYSTEM
12 CFR Chapter II
[Docket No. R–1510]
FEDERAL DEPOSIT INSURANCE
CORPORATION
12 CFR Chapter III
Regulatory Publication and Review
Under the Economic Growth and
Regulatory Paperwork Reduction Act
of 1996
Office of the Comptroller of the
Currency (‘‘OCC’’), Treasury; Board of
Governors of the Federal Reserve
System (‘‘Board’’); and Federal Deposit
Insurance Corporation (‘‘FDIC’’).
ACTION: Notice of regulatory review;
request for comments.
AGENCY:
The OCC, Board, and FDIC
(each an ‘‘Agency’’; together ‘‘we’’ or
‘‘Agencies’’) are conducting a review of
the regulations we have issued in order
to identify outdated or otherwise
unnecessary regulatory requirements
imposed on insured depository
institutions, as required by the
Economic Growth and Regulatory
Paperwork Reduction Act of 1996
(EGRPRA). EGRPRA requires the
Agencies to organize the regulations
into categories and publish groups of
categories for comment. In this notice,
the Agencies are seeking public
comment on regulations in the
following categories: Rules of
Procedure; Safety and Soundness; and
Securities. We have listed these rules on
a chart included with this notice.
In addition, as we previously
announced, the Agencies have
expanded the scope of the EGRPRA
review to include the Agencies’ recently
issued final rules. Accordingly, in this
notice, the Agencies invite the public to
comment on any Agency final rule not
included in a previous EGRPRA Federal
Register notice. To facilitate
identification of these recently issued
rules, we have included with this notice
a separate chart that lists these rules.
Finally, in order to be as inclusive as
possible, the Agencies also invite
comment during the comment period
for this notice on any Agency rule that
is issued in final form on or before
December 31, 2015. We will list these
SUMMARY:
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rules on the EGRPRA Web site, https://
egrpra.ffiec.gov/. The public may also
comment on any other Agency rule,
including rules covered by the three
prior notices during the open comment
period for this notice.
DATES: Written comments must be
received by no later than March 22,
2016.
ADDRESSES: Any interested individual
may submit comments through the
EGRPRA Web site during open
comment periods at: https://
egrpra.ffiec.gov/submit-comment/
submit-comment-index.html. On this
site, click ‘‘Submit a Comment’’ and
follow the instructions. Alternatively,
comments also may be submitted
through the Federal eRulemaking Portal
‘‘Regulations.gov’’ at: https://
www.regulations.gov. Enter ‘‘Docket ID
FFIEC–2014–0001’’ in the Search Box,
click ‘‘Search,’’ and click ‘‘Comment
Now.’’ Those who wish to submit their
comments by an alternate means may do
so as indicated by each Agency below.
OCC
The OCC encourages commenters to
submit comments through the Federal
eRulemaking Portal, Regulations.gov, in
accordance with the previous
paragraph. Alternatively, comments
may be emailed to
regs.comments@occ.treas.gov or sent by
mail to Legislative and Regulatory
Activities Division, Office of the
Comptroller of the Currency, Mail Stop
9W–11, 400 7th Street SW., Washington,
DC 20219. Comments also may be faxed
to (571) 465–4326 or hand delivered or
sent by courier to 400 7th Street SW.,
Washington, DC 20219. For comments
submitted by any means other than
Regulations.gov, you must include
‘‘OCC’’ as the Agency name and ‘‘Docket
ID FFIEC–2014–0001’’ in your
comment.
In general, the OCC will enter all
comments received into the docket and
publish them without change on
Regulations.gov. Comments received,
including attachments and other
supporting materials, as well as any
business or personal information you
provide, such as your name and
address, email address, or phone
number, are part of the public record
and subject to public disclosure.
Therefore, please do not include any
information with your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may inspect and photocopy in
person all comments received by the
OCC at 400 7th Street SW., Washington,
DC 20219. For security reasons, the OCC
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requires that visitors make an
appointment to inspect or photocopy
comments. You may make an
appointment by calling (202) 649–6700
or, for persons who are deaf or hard of
hearing, TTY (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to a security
screening.
Board
The Board encourages commenters to
submit comments regarding the Board’s
regulations by any of the following
methods:
• Agency Web site: https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx. Follow the
instructions for submitting comments
on the Agency Web site.
• Federal eRulemaking Portal, in
accordance with the directions above.
• Email:
regs.comments@federalreserve.gov.
Include ‘‘EGRPRA’’ and Docket No. R–
1510 in the subject line of the message.
• FAX: (202) 452–3819.
• Mail: Robert deV. Frierson,
Secretary, Board of Governors of the
Federal Reserve System, 20th Street and
Constitution Avenue NW., Washington,
DC 20551.
In general, the Board will enter all
comments received into the docket and
publish them without change on the
Board’s public Web site
www.federalreserve.gov;
Regulations.gov; and https://
egrpra.ffiec.gov. Comments received,
including attachments and other
supporting materials, as well as any
business or personal information you
provide, such as your name and
address, email address, or phone
number, are part of the public record
and subject to public disclosure.
Therefore, please do not enclose any
information with your comment or
supporting materials that you consider
confidential or inappropriate for public
disclosure.
You may inspect and photocopy in
person all comments received by the
Board in Room 3515, 1801 K Street
NW., (between 18th and 19th Street
NW.,) Washington, DC 20006, between
9:00 a.m. and 5:00 p.m. on weekdays.
For security reasons, the Board requires
that visitors make an appointment to
inspect comments. You may make an
appointment by calling (202) 452–3000.
Upon arrival, visitors will be required to
present valid government-issued photo
identification and submit to a security
screening.
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FDIC
The FDIC encourages commenters to
submit comments through the Federal
eRulemaking Portal, ‘‘Regulations.gov,’’
in accordance with the directions above.
Alternatively, you may submit
comments by any of the following
methods:
• Agency Web site: https://
www.fdic.gov/regulations/laws/federal.
Follow instructions for submitting
comments on the Agency Web site.
• Email: Comments@FDIC.gov.
Include ‘‘EGRPRA’’ in the subject line of
the message.
• Mail: Robert E. Feldman, Executive
Secretary, Attention: Comments, Federal
Deposit Insurance Corporation, 550 17th
Street NW., Washington, DC 20429.
• Hand Delivery/Courier: Guard
station at the rear of the 550 17th Street
Building (located on F Street) on
business days between 7:00 a.m. and
5:00 p.m. (EDT).
The FDIC will post all comments
received to https://www.fdic.gov/
regulations/laws/federal without
change, including any personal
information provided. Comments may
be inspected and photocopied in the
FDIC Public Information Center, 3501
North Fairfax Drive, Room E–1002,
Arlington, VA 22226, between 9:00 a.m.
and 5:00 p.m. (EDT) on business days.
Paper copies of public comments may
be ordered from the Public Information
Center by calling (877) 275–3342.
FOR FURTHER INFORMATION CONTACT:
OCC: Karen McSweeney, Counsel (202)
649–6295; Heidi M. Thomas, Special
Counsel (202) 649–5490; Rima
Kundnani, Attorney (202) 649–5545; for
persons who are deaf or hard of hearing,
TTY (202) 649–5597.
Board: Claudia Von Pervieux, Counsel
(202) 452–2552; Brian Phillips, Attorney
(202) 452–3321; for persons who are
deaf or hard of hearing, TTY (202) 263–
4869.
FDIC: Ruth R. Amberg, Assistant
General Counsel (202) 898–3736; Ann
Taylor, Supervisory Counsel (202) 898–
3573; for persons who are deaf or hard
of hearing, TTY 1–800–925–4618.
SUPPLEMENTARY INFORMATION:
I. Introduction
Section 2222 of EGRPRA 1 requires
that, not less frequently than once every
10 years, the Federal Financial
Institutions Examination Council
1 Public Law 104–208 (1996), codified at 12
U.S.C. 3311.
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(FFIEC),2 along with the Agencies,3
conduct a review of their regulations to
identify outdated or otherwise
unnecessary requirements imposed on
insured depository institutions.4 The
EGRPRA regulatory review provides an
opportunity for the public and the
Agencies to look at groups of related
regulations and to identify opportunities
for burden reduction. For example, the
EGRPRA review may facilitate the
identification of statutes and regulations
that share similar goals or
complementary methods where one or
more Agencies could eliminate
overlapping requirements.
Alternatively, commenters may identify
regulations or statutes that impose
requirements that are no longer
consistent with the way that business is
conducted and that the Agencies should
eliminate or revise.
In addition to providing an
opportunity to consider burden
reduction generally, the EGRPRA review
also provides the Agencies and the
public with an opportunity to consider
burden reduction on community banks
and other small, insured depository
institutions or holding companies. We
are keenly aware of the role that these
institutions play in providing
consumers and businesses across the
nation with essential financial services
and access to credit, and we are
concerned about the impact of
regulatory burden on these smaller
institutions. We understand that when
an Agency issues a new regulation or
amends a current regulation, smaller
institutions may have to devote
considerable resources to determine if
and how the regulation will affect them.
Through the public comment process,
the EGRPRA review can help the
Agencies identify and target regulatory
changes to reduce unnecessary burden
on these smaller institutions.
Burden reduction must, however, be
consistent with the Agencies’ statutory
mandates, many of which require the
issuance of regulations. These mandates
include ensuring the safety and
soundness of insured depository
institutions, their affiliates, and the
financial system as a whole. EGRPRA
recognizes that effective burden
reduction may require legislative
change. Accordingly, as part of this
review, we specifically ask the public to
comment on the relationships among
burden reduction, regulatory
requirements, and statutory mandates.
In addition, we note that the Agencies
consider potential regulatory burden
each time we propose, adopt, or amend
a rule. For example, under the
Paperwork Reduction Act of 1995 and
the Regulatory Flexibility Act, the
Agencies assess each rulemaking with
respect to the burdens the rule might
impose. Furthermore, we invite the
public to comment on every rule we
propose, as required by the
Administrative Procedure Act (APA).
2 The FFIEC is an interagency body empowered
to prescribe uniform principles, standards, and
report forms for the Federal examination of
financial institutions and to make recommendations
to promote uniformity in the supervision of
financial institutions. The FFIEC does not issue
regulations that impose burden on financial
institutions and, therefore, we have not separately
captioned the FFIEC in this notice.
3 The FFIEC is comprised of the OCC, Board,
FDIC, National Credit Union Administration
(NCUA), Consumer Financial Protection Bureau
(CFPB), and State Liaison Committee. Of these, only
the OCC, Board, and FDIC are statutorily required
to undertake the EGRPRA review. The NCUA
elected to participate in the first EGRPRA review 10
years ago, and the NCUA Board again has elected
to participate in this review process. Consistent
with its approach during the first EGRPRA review,
the NCUA will separately issue notices and requests
for comment on its rules. The CFPB is required to
review its significant rules and publish a report of
its review no later than five years after they take
effect. See 12 U.S.C. 5512(d). This process is
separate from the EGRPRA process.
4 Insured depository institutions also are subject
to regulations that are not required to be reviewed
under the EGRPRA process. Examples include rules
for which rulemaking authority has transferred to
the CFPB and anti-money laundering regulations
issued by the Department of the Treasury’s
Financial Crimes Enforcement Network, among
others. If, during the EGRPRA review, the Agencies
receive a comment about a regulation that is not
subject to the EGRPRA review, we will forward that
comment to the appropriate agency.
Taken together for purposes of
EGRPRA, the Agencies’ regulations
covering insured depository institutions
encompass more than 100 subjects.5
Consistent with the EGRPRA statute, the
Agencies grouped these regulations into
the following 12 regulatory categories:
Applications and Reporting; Banking
Operations; Capital; Community
Reinvestment Act; Consumer
Protection; 6 Directors, Officers and
Employees; International Operations;
Money Laundering; Powers and
Activities; Rules of Procedure; Safety
and Soundness; and Securities. To
determine these categories, we divided
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II. The EGRPRA Review Process
5 Consistent with EGRPRA’s focus on reducing
burden on insured depository institutions, the
Agencies have not included their internal,
organizational, or operational regulations in this
review.
6 As we have previously noted, the Agencies are
seeking comment only on those consumer
protection regulations for which we retain
rulemaking authority for insured depository
institutions and regulated holding companies
following passage of section 1061 of the DoddFrank Wall Street Reform and Consumer Protection
Act, Public Law 111–203 (2010) (Dodd-Frank Act),
codified at 12 U.S.C. 5581(b).
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the regulations by type and sought to
have no category be too large or broad.
To carry out the EGRPRA review, the
Agencies have published three Federal
Register notices, each addressing one or
more categories of rules. Each Federal
Register notice provided a 90-day
comment period. On June 4, 2014, the
Agencies published the first such
notice, seeking comment on three
categories of rules: Applications and
Reporting; Powers and Activities; and
International Operations.7 On February
13, 2015, the Agencies published the
second notice, seeking comment on
three additional categories of rules:
Banking Operations; Capital; and the
Community Reinvestment Act.8 On June
5, 2015, the Agencies published the
third notice, seeking comment on three
additional categories: Consumer
Protection; Directors, Officers and
Employees; and Money Laundering
(Third Notice).9 The comment period
for the Third Notice closed on
September 3, 2015.
In the Third Notice, the Agencies also
announced their decision to expand the
scope of the EGRPRA review to include
recently issued rules, such as those
issued pursuant to the Dodd-Frank Act
and the recently promulgated domestic
capital and liquidity rules. The
Agencies identified these rules, referred
to as ‘‘Newly Listed Rules,’’ on a chart
included with the Third Notice. The
Third Notice stated that the public
could comment on the Newly Listed
Rules during the comment period for
the final EGRPRA notice.
Today, we are publishing the fourth
and final EGRPRA notice, addressing
the categories of Rules of Procedure;
Safety and Soundness; and Securities.
We invite the public to identify
outdated, unduly burdensome, or
otherwise unnecessary regulatory
requirements imposed on insured
depository institutions and their
holding companies in these three
categories. Chart A in Section IV
contains the Agencies’ rules in these
three categories, including the Newly
Listed Rules in these three categories. In
addition, consistent with the expanded
scope of the EGRPRA review, we invite
the public to identify outdated, unduly
burdensome, or otherwise unnecessary
regulatory requirements imposed on
insured depository institutions and their
holding companies by the Newly Listed
Rules in the nine categories covered by
the Prior Notices. Chart B in Section IV
contains the Newly Listed Rules in
7 79
FR 32172.
FR 7980.
9 80 FR 32046. Together, the three EGRPRA
notices are referred to as the ‘‘Prior Notices.’’
8 80
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these nine categories, including rules
issued in final form since the Third
Notice.
Finally, in order to be as inclusive as
possible, the Agencies invite comment
on any other rule issued in final form
on or before December 31, 2015, which
will be listed on the EGRPRA Web site,
https://egrpra.ffiec.gov/. Furthermore, as
has been the practice of the Agencies,
we invite comment on any of the
Agencies’ final rules included in this
EGRPRA review during the open
comment period for this notice.
As part of the EGRPRA review, the
Agencies have held a series of outreach
meetings around the country to provide
an opportunity for bankers, consumer
and community groups, and other
interested persons to present their views
directly to Agency senior management
and staff on any of the regulations in the
EGRPRA review. The Agencies held a
final outreach meeting on December 2,
2015, in the Washington, DC area.
Transcripts from and other information
about the outreach meetings can be
found on the Agencies’ EGRPRA Web
site, https://egrpra.ffiec.gov.
Following the close of the comment
period for this final notice, the Agencies
will review all of the comments we have
received and decide whether further
action is appropriate with respect to the
regulations. The Agencies will make
this decision jointly in the case of rules
that we have issued on an interagency
basis. For rules issued by one Agency,
the issuing Agency will review the
comments received and independently
determine whether amendments to or
repeal of its rules are appropriate. If so,
that Agency will initiate a rulemaking to
effect such change.
Finally, EGRPRA also requires the
FFIEC or the Agencies to publish in the
Federal Register a summary of the
comments received, identifying
significant issues raised and
commenting on these issues. It also
directs the Agencies to eliminate
unnecessary regulations to the extent
that such action is appropriate. The
statute additionally requires the FFIEC
to submit to Congress a report that
summarizes any significant issues raised
in the public comments and the relative
merits of such issues. The report also
must include an analysis of whether the
Agencies are able to address the
regulatory burdens associated with such
issues or whether these burdens must be
addressed by legislative action.
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III. Request for Burden Reduction
Comments on Regulations in the Rules
of Procedure, Safety and Soundness,
and Securities Categories; on Newly
Listed Rules in the Other Categories of
Regulations; and on Any Other Final
Rule Issued by December 31, 2015
As stated previously in this notice,
the Agencies are asking the public to
comment on regulations in the Rules of
Procedure; Safety and Soundness; and
Securities categories. Chart A in Section
IV contains the Agencies’ rules that are
in these three categories. The Agencies
are also asking the public to comment
on the Newly Listed Rules in the nine
categories covered by the Prior Notices.
Chart B in Section IV contains the
Newly Listed Rules. Both charts include
any rules issued on or before December
23, 2015. The Agencies will also accept
comment during the open comment
period of this notice on any other
Agency rule issued in final form by
December 31, 2015. In addition, we will
accept comments on any of the
Agencies’ rules, including those rules in
categories covered in the Prior Notices.
Where possible, we ask commenters
to cite specific regulatory language or
provisions. We also welcome suggested
alternative provisions or language in
support of a comment, where
appropriate. Where implementation of a
suggestion would require modification
of a statute, we ask the commenter to
identify the statute and the needed
change, where possible.
Specific issues for commenters to
consider. The Agencies specifically
invite comment on the following issues
as they pertain to (a) the Agencies’ Rules
of Procedure; Safety and Soundness
rules; and Securities rules, on Chart A;
(b) any of the Newly Listed Rules on
Chart B; and (c) any other Agency rule
that is issued in final form by December
31, 2015.
• Need for statutory change. (1) Do
any statutory requirements underlying
the rules in these categories impose
outdated or otherwise unnecessary
regulatory requirements? (2) If so, please
identify the statutes and indicate how
they should be amended.
• Need and purpose of the
regulations. (1) Have there been changes
in the financial services industry,
consumer behavior, or other
circumstances that cause any
regulations in these categories to be
outdated or otherwise unnecessary? (2)
If so, please identify and indicate how
they should be amended. (3) Do any of
these regulations impose burdens not
required by their underlying statutes?
(4) If so, please identify the regulations
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and indicate how they should be
amended.
• Overarching approaches/flexibility.
(1) With respect to the regulations in
these categories, could an Agency use a
different approach to lessen the burden
imposed by the regulations and achieve
statutory intent? (2) Do any of these
rules impose unnecessarily inflexible
requirements? (3) If so, please identify
the regulations and indicate how they
should be amended.
• Effect on competition. (1) Do any of
the regulations or underlying statutes
create competitive disadvantages for one
part of the financial services industry
compared to another or for one type of
insured depository institution compared
to another? (2) If so, please identify the
regulations and indicate how they
should be amended.
• Reporting, recordkeeping and
disclosure requirements. (1) Do any of
the regulations or underlying statutes in
these categories impose outdated or
otherwise unnecessary reporting,
recordkeeping, or disclosure
requirements on insured depository
institutions or their holding companies?
(2) Could a financial institution fulfill
any of these requirements electronically
(if it is not already permitted to do so)
and experience burden reduction? (3) If
so, please identify the regulations and
indicate how they should be amended.
• Unique characteristics of a type of
institution. (1) Do any of the regulations
or underlying statutes in these
categories impose requirements that are
unwarranted by the unique
characteristics of a particular type of
insured depository institution or
holding company? (2) If so, please
identify the regulations and indicate
how they should be amended.
• Clarity. (1) Are the regulations in
these categories clear and easy to
understand? (2) Are there specific
regulations for which clarification is
needed? (3) If so, please identify the
regulations and indicate how they
should be amended.
• Burden on community banks and
other smaller, insured depository
institutions. (1) Are there regulations or
underlying statutes in these categories
that impose outdated or otherwise
unnecessary requirements on a
substantial number of community banks
or other smaller, insured depository
institutions or holding companies? (2)
Have the Agencies issued regulations
pursuant to a common statute that, as
applied by the Agencies, create
redundancies or impose inconsistent
requirements? (3) Should any of these
regulations be amended or repealed in
order to minimize this impact? (4) If so,
E:\FR\FM\23DEP1.SGM
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79728
Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
please identify the regulations and
indicate how they should be amended.
• Scope of rules. (1) Is the scope of
each rule in these categories consistent
National
banks
Subject
with the intent of the underlying
statute(s)? (2) Could we amend the
scope of a rule to clarify its applicability
or reduce burden, while remaining
State
non-member
banks
State
member banks
faithful to statutory intent? (3) If so,
please identify the regulations and
indicate how they should be amended.
Federal savings
associations
State savings
associations
BHCs & FHCs
SLHCs
10. Rules of Procedure
Interagency Regulations
Uniform Rules of
Practice and Procedure.
12 CFR Part 19,
Subpart A.
12 CFR Part 263
12 CFR Part 308
12 CFR Part 109,
Subpart A.
12 CFR Part
390.30.
12 CFR Part 263.
OCC Regulations
National Bank Vol12 CFR 5.48.
untary Liquidation.
Federal Savings Association—Investigative Proceedings and
Formal Examinations.
Federal Savings Association—Possession by Conservators and Receivers for Federal and State
Savings Associations.
Federal Savings Association—Removals, Suspensions and Prohibitions Where a
Crime is Charged
or Proven.
Rules of Practice
12 CFR Part 19,
and Procedure.
Subparts B–P.
12 CFR Part 112.
12 CFR Part 158.
12 CFR Part 108.
12 CFR Part 109,
Subpart B.
FDIC Regulations
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
Orderly Liquidation
Authority.
Resolution and Receivership Rules.
Recordkeeping Requirements for
Qualified Financial Contracts.
Restrictions on Sale
of Assets by the
Federal Deposit
Insurance Corporation.
VerDate Sep<11>2014
12 CFR Part 380.
12 CFR Part 380.
12 CFR Part 360
12 CFR Part 360
12 CFR Part 360
12 CFR Part 360
12 CFR Part 360.
12 CFR Part 371
12 CFR Part 371
12 CFR Part 371
12 CFR Part 371
12 CFR Part 371.
12 CFR Part 340
12 CFR Part 340
12 CFR Part 340
12 CFR Part 340
12 CFR Part 340.
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Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
member banks
State
non-member
banks
Federal savings
associations
State savings
associations
79729
BHCs & FHCs
SLHCs
11. Safety and Soundness
Interagency Regulations
Appraisals: Higherpriced Mortgages.
12 CFR Part 34,
Subpart G.
12 CFR 226.43;
12 CFR Part
226, Appx. N
and O, and
Supp. I [Reg.
Z].
12 CFR Part 1026
[Reg. Z].
12 CFR Part 34,
Subpart G.
Appraisals: Minimum Requirements for Appraisal Management Companies.
Appraisals: Standards for Federally-Related
Transactions.
12 CFR part 34,
Subpart H.
12 CFR Part 323,
Subpart B.
12 CFR part 34,
Subpart H.
12 CFR Part 323
Subpart B.
12 CFR Part 323
12 CFR Part 34,
Subpart C.
12 CFR Part 323
12 CFR Part 225,
Subpart G
[Reg. Y].
Credit Risk Retention.
12 CFR Part 43
12 CFR 208.50
[Reg. H]; 12
CFR Part 225,
Subpart M
[Reg. Y].
12 CFR 208.50
[Reg. H]; 12
CFR Part 225,
Subpart G
[Reg. Y].
12 CFR Part 244
[Reg. RR].
12 CFR Part 373
12 CFR Part 43
12 CFR Part 373
12 CFR Part 244
[Reg. RR].
12 CFR Part 244
[Reg. RR].
Frequency of Safety
and Soundness
Examination.
Lending Limits ........
12 CFR 4.6–.7
12 CFR 208.64
[Reg. H].
12 CFR 337.12
12 CFR 390.351.
12 CFR Part 32
12 CFR 337.3
12 CFR 390.338.
Liquidity Risk ..........
12 CFR Part 50
12 CFR Part 215,
Subpart A [Reg.
O].
12 CFR Part 249
[Reg. WW].
12 CFR 4.6 (See
also, 12 CFR
163.170).
12 CFR Part 32
12 CFR Part 329
12 CFR Part 50
12 CFR Part 329
Real Estate Lending
Standards.
12 CFR Part 34,
Subpart D.
12 CFR Part 208,
Subpart E and
Appx. C [Reg.
H].
12 CFR Part 365
12 CFR 160.100;
12 CFR
163.101
12 CFR Part 390,
Subpart P.
12 CFR Part 34,
Subpart C.
Resolution Plans ....
12 CFR Part 223
[Reg. W]; 12
CFR Part 31.
12 CFR 208.61
[Reg. H].
12 CFR Part 208,
Appx. D–1
[Reg. H].
12 CFR Part 223
[Reg. W].
12 CFR Part 326,
Subpart A.
12 CFR Part 364
12 CFR Part 223
[Reg. W].
12 CFR Part 168
12 CFR Part 30
12 CFR Part 391,
Subpart A.
12 CFR Part 364.
12 CFR 163.41
12 CFR 390.337.
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
OCC Regulations
Heightened Expec12 CFR Part 30,
tations Guidelines.
Appx. D.
National Bank—
12 CFR Part 34,
Other Real Estate
Subpart E.
Owned.
Federal Savings Association—Financial Management
Policies.
VerDate Sep<11>2014
12 CFR Part 249
[Reg. WW].
12 CFR Part 249
[Reg. WW].
12 CFR Part 225,
Subpart G
[Reg. Y].
12 CFR Part 381;
12 CFR Part
243 [Reg. QQ].
Security Devices
12 CFR Part 21,
and Procedures.
Subpart A.
Standards for Safe- 12 CFR Part 30
ty and Soundness.
Transactions with
Affiliates.
12 CFR 226.43;
12 CFR Part
226, Appx. N
and O, and
Supp. I [Reg.
Z].
12 CFR 226.43;
12 CFR Part
226, Appx. N
and O, and
Supp. I [Reg.
Z].
12 CFR Part 225,
Subpart M
[Reg. Y].
18:21 Dec 22, 2015
Jkt 238001
12 CFR Part 30,
Appx. D.
12 CFR Part 163,
Subpart F (See
also 12 CFR
5.59(e)(7) (service corporations
only)).
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79730
Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
non-member
banks
State
member banks
State savings
associations
12 CFR Part 160
Savings Association—Lending
and Investment
Additional Safety
and Soundness
Limitations.
Savings Associations and Savings
Association Holding Companies
Audits.
Federal savings
associations
BHCs & FHCs
SLHCs
12 CFR Part 160
(Lending and
Investment).
12 CFR 162.4;
See also, 12
CFR Part 363.
Board Regulations
Appraisals: Appraiser Independence.
Definitions related
to the Financial
Stability Oversight
Council.
Enhanced Prudential Standards
Risk Committee
Requirement (for
certain BHCs)
Standards for
BHCs with consolidated assets
$50 billion or
more.
Extensions of Credit
by Federal Reserve Banks.
Financial Market
Utilities.
Limitations on Interbank Liabilities.
Securities Holding
Companies.
12 CFR 226.42;
12 CFR Part
226, Supp. I
[Reg. Z].
12 CFR Part 1026
[Reg. Z].
12 CFR 226.42;
12 CFR Part
226, Supp. I
[Reg. Z].
12 CFR 226.42;
12 CFR Part
226, Supp. I
[Reg. Z].
12 CFR Part 242
[Reg. PP].
12 CFR Part 252,
Subparts B and
C [Reg. YY].
12 CFR Part 201
[Reg. A].
12 CFR Part 201
[Reg. A].
12 CFR Part 201
[Reg. A].
12 CFR Part 201
[Reg. A].
12 CFR Part 201
[Reg. A].
12 CFR Part 206
[Reg. F].
12 CFR Part 234
[Reg. HH]
12 CFR Part 206
[Reg. F].
12 CFR Part 206
[Reg. F].
12 CFR Part 206
[Reg. F].
12 CFR Part 206
[Reg. F].
12 CFR Part 241
[Reg. OO]
FDIC Regulations
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
Annual Independent
Audits and Reporting Requirements.
Resolution Plans ....
Unsafe and Unsound Banking
Practices Standby
Letters of Credit.
Unsafe and Unsound Banking
Practices Brokered Deposits.
12 CFR Part 363
12 CFR Part 363
12 CFR Part 363
12 CFR Part 363;
See also, 12
CFR 162.4.
12 CFR Part 363;
See also, 12
CFR 390.322.
12 CFR Part
360.10
12 CFR Part
360.10
12 CFR Part
360.10
12 CFR 337.2.
12 CFR Part
360.10.
12 CFR Part
360.10.
12 CFR 337.6
12 CFR 337.6
12 CFR 337.6
12 CFR 337.6
12 CFR 337.6.
12. Securities
Interagency Regulations
Banks as Registered Clearing
Agencies.
Banks as Securities
Transfer Agents.
VerDate Sep<11>2014
12 CFR 19.135
12 CFR 208.32–
33 [Reg. H].
12 CFR Part 308,
Subpart S.
12 CFR 9.20
12 CFR 208.31
[Reg. H].
12 CFR Part 341.
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Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
non-member
banks
State
member banks
Federal savings
associations
State savings
associations
Government Securities Sales Practices.
Recordkeeping and
Confirmation of
Securities Transactions Effected
by Banks.
Reporting Requirements for Reported Securities
Under the Securities Exchange Act
of 1934.
Securities Offerings
12 CFR Part 13
12 CFR 208.37
[Reg. H].
12 CFR 208.34
[Reg. H].
12 CFR Part 344
12 CFR Part 151
12 CFR Part 344.
12 CFR Part 11
12 CFR 208.36
[Reg. H]
12 CFR Part 335
12 CFR Part 194
12 CFR Part 335.
12 CFR Part 197
Swaps Margin ........
12 CFR Part 45
BHCs & FHCs
SLHCs
12 CFR Part 368.
12 CFR Part 12
79731
12 CFR Part 390,
Subpart W.
12 CFR Part 349.
12 CFR Part 16
12 CFR Part 237
12 CFR Part 349
12 CFR Part 45
OCC Regulations
National Bank—Municipal Securities
Dealer Activities
of Banks.
Federal Savings Association—Accounting Requirements and Financial Statements.
Savings Association—Proxies.
Federal Savings Association—Rules
on the Issuance
and Sale of Institution Securities.
12 CFR Part 10.
12 CFR Part 193.
12 CFR Part 169
12 CFR Part 169.
12 CFR 163.5; 12
CFR Part 163,
Subpart C.
Board Regulations
Credit by Banks
and Persons
Other than Brokers or Dealers
for the Purpose of
Purchasing or
Carrying Margin
Stock.
12 CFR Part 221
[Reg. U].
12 CFR Part 221
[Reg. U].
12 CFR Part 221
[Reg. U].
12 CFR Part 221
[Reg. U].
12 CFR Part 221
[Reg. U].
1. Applications and Reporting
Interagency Regulations
Bank Merger Act ....
Change in Bank
Control.
Notice of Addition
or Change of Directors.
12 CFR 5.33
12 CFR Part 5.50
12 CFR Part 303
Subpart E.
12 CFR 5.51
12 CFR 5.33.
12 CFR Part 5.50
12 CFR Part 303
Subpart E.
12 CFR 5.51.
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
OCC Regulations
Rules, Policies, and
Procedures for
Corporate Activities.
Federal Savings Association Capital
Distribution.
VerDate Sep<11>2014
12 CFR Part 5
17:28 Dec 22, 2015
12 CFR Part 5
(Generally).
12 CFR 5.55.
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12 CFR Part 221
[Reg. U].
12 CFR Part 221
[Reg. U].
79732
Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
non-member
banks
State
member banks
Federal Mutual Savings Associations—Incorporation, Organization
and Conversion;
or Merger, Dissolution, Reorganization and Conversion.
Federal Stock Savings Associations–Incorporation, Organization
and Conversion.
Federal savings
associations
State savings
associations
BHCs & FHCs
SLHCs
12 CFR Part 251
[Reg. XX].
12 CFR Part 251
[Reg. XX].
12 CFR Part 251
[Reg. XX].
12 CFR Part 248
[Reg. VV].
12 CFR Part 248
[Reg. VV].
12 CFR Part 240
[Reg. NN].
12 CFR 5.20; 12
CFR 5.21; 12
CFR 5.23; 12
CFR 5.25; 12
CFR 5.33; 12
CFR 5.48.
12 CFR 5.20; 12
CFR 5.22; 12
CFR 5.23; 12
CFR 5.25; 12
CFR 5.33; 12
CFR 5.48.
12 CFR 5.31; 12
CFR 5.40; 12
CFR 5.52.
Federal Savings Association Offices.
Board Regulations
Concentration Limits.
12 CFR Part 251
[Reg. XX].
12 CFR Part 251
[Reg. XX].
12 CFR Part 251
[Reg. XX].
12 CFR Part 251
[Reg. XX].
2. Powers and Activities
Interagency Regulations
Proprietary Trading
and Relationships
with Covered
Funds.
Retail Foreign Exchange Transactions.
12 CFR Part 44
12 CFR Part 248
[Reg. VV].
12 CFR Part 351
12 CFR Part 44
12 CFR Part 351
12 CFR Part 48
12 CFR Part 240
[Reg. NN].
12 CFR Part 349
12 CFR Part 48
12 CFR Part 349
OCC Regulations
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
Federal Savings Association Fiduciary Powers.
Federal Savings Association General.
12 CFR 5.26; 12
CFR Part 150.
See also Federal
Stock Associations provisions
on chartering,
organization
and bylaws at
12 CFR 5.20;
12 CFR 5.21.
See also Federal
Mutual Savings
Associations
provisions on
chartering, organization and
bylaws at 12
CFR 5.20; 12
CFR 5.22.
12 CFR Part
160.32; 12 CFR
160.35.
See also 12 CFR
5.37; 12 CFR
5.58; 12 CFR
7.1000; 12 CFR
7.3001.
Federal Savings Association Lending
and Investment.
VerDate Sep<11>2014
17:28 Dec 22, 2015
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Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
non-member
banks
State
member banks
Federal savings
associations
Federal Savings Association Subordinate Organizations.
State savings
associations
79733
BHCs & FHCs
SLHCs
12 CFR 5.38; 12
CFR 5.59.
Board Regulations
Proprietary Trading
and Relationships
with Covered
Funds.
12 CFR Part 225,
Subpart K [Reg.
Y].
12 CFR Part 225,
Subpart K [Reg.
Y].
3. International Operations
Board Regulations
Foreign Banking Organizations:
Stress Tests,
Risk Committee
Requirements,
and Enhanced
Prudential Standards.
Swaps Entities .......
12 CFR Part 252
Subparts L–O
and U [Reg.
YY].
12 CFR Part 237
[Reg. KK].
12 CFR Part 237
[Reg. KK].
4. Banking Operations
Board Regulations
Assessment of
Fees.
12 CFR Part 246
[Reg. TT].
12 CFR Part 246
[Reg. TT].
Debit Card Interchange Fees.
Reserve Requirements of Depository Institutions.
12 CFR Part 235
[Reg. II].
12 CFR Part 204
[Reg. D].
12 CFR Part 235
[Reg. II].
12 CFR Part 204
[Reg. D].
12 CFR Part 235
[Reg. II].
12 CFR Part 204
[Reg. D].
12 CFR Part 235
[Reg. II].
12 CFR Part 204
[Reg. D].
12 CFR Part 235
[Reg. II].
12 CFR Part 204
[Reg. D].
5. Capital
Interagency Regulations
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
Capital Adequacy:
General Ratio
and Buffers Definition of Capital
Transition.
12 CFR Part 217,
Subparts A–C,
G [Reg. Q].
12 CFR Part 324,
Subparts A–C,
G [Previously
found in 12
CFR Part 325].
12 CFR Part 3,
Subparts A–C,
G–J.
Capital Adequacy:
12 CFR Part 3,
Risk-based CapSubpart H.
ital Surcharge for
Global Systemically Important
Bank Holding
Companies.
Capital Adequacy:
12 CFR Part 3,
Risk-Weighted
Subpart D.
Assets—Standardized Approach.
12 CFR Part 217,
Subpart H [Reg.
Q].
12 CFR Part 324,
Subpart H.
12 CFR Part 3,
Subpart H.
12 CFR Part 217,
Subpart D [Reg.
Q].
12 CFR Part 324,
Subpart D [Previously found in
12 CFR Part
325 Appx. A].
12 CFR Part 3,
Subpart D.
Capital Adequacy:
12 CFR Part 3,
Risk-Weighted
Subpart E.
Assets—Advanced Measurement Approaches.
12 CFR Part 217,
Subpart E [Reg.
Q].
12 CFR Part 324,
Subpart E [Previously found in
12 CFR Part
325 Appx. D].
12 CFR Part 3,
Subpart E.
PO 00000
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12 CFR Part 3,
Subparts A–C,
G–J.
17:28 Dec 22, 2015
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12 CFR Part 324,
Subparts A–C,
G [Previously
found in 12
CFR Part 390,
Subpart Z].
12 CFR Part 324,
Subpart H.
12 CFR Part 217,
Subparts A–C,
G [Reg. Q]. 12
CFR Part 217,
Subparts A–C,
G [Reg. Q].
12 CFR Part 217,
Subpart H [Reg.
Q]. 12 CFR
Part 217, Subpart H [Reg. Q].
12 CFR Part 324,
Subpart D [Previously found in
12 CFR Part
390, Subpart Z,
Appx. A].
12 CFR Part 324,
Subpart E [Previously found in
12 CFR Part
390, Subpart Z,
Appx. A].
12 CFR Part 217,
Subpart D [Reg.
Q]. 12 CFR
Part 217, Subpart D [Reg. Q].
23DEP1
12 CFR Part 217,
Subpart E [Reg.
Q]. 12 CFR
Part 217, Subpart E [Reg. Q].
79734
Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
member banks
State
non-member
banks
Federal savings
associations
Capital Adequacy:
Risk-Weighted
Assets—Market
Risk.
12 CFR Part 3,
Subpart F.
12 CFR Part 217,
Subpart F [Reg.
Q].
12 CFR Part 324,
Subpart F [Previously found in
12 CFR Part
325 Appx. C].
12 CFR Part 3,
Subpart F.
Capital Adequacy
Guidelines.
12 CFR Part 3,
Appx. A and B.
12 CFR Part 208,
Appx. A, B, and
E [Reg. H].
12 CFR Part 324
[Previously
found in 12
CFR Part 325
Appx. A–D].
12 CFR Part 3,
Appx. A and B.
Prompt Corrective
Action.
12 CFR Part 6
12 CFR Part 208,
Subpart D [Reg.
H]; 12 CFR Part
263, Subpart H
12 CFR Part 324,
Subpart H [Previously found in
12 CFR Part
325, Subpart B]
12 CFR Part 6;
State savings
associations
BHCs & FHCs
SLHCs
12 CFR Part 324,
Subpart F [Previously found in
12 CFR Part
390, Subpart Z,
Appx. A].
12 CFR Part 324
[Previously
found in 12
CFR Part 390,
Subpart Z,
Appx. A].
12 CFR Part 324,
Subpart H [Previously found in
12 CFR Part
390, Subpart
Y].
12 CFR Part 217,
Subpart F [Reg.
Q]. 12 CFR
Part 217, Subpart F [Reg. Q].
Small Bank Holding
Company and
Savings and Loan
Holding Company
Policy Statement.
12 CFR Part 225,
Appx. A, B, D,
and E [Reg. Y].
12 CFR Part 208,
Subpart D [Reg.
H]; 12 CFR Part
263, Subpart H.
12 CFR Part 225,
Appx. C [Reg.
Y]. 12 CFR Part
225, Appx. C
[Reg. Y].
OCC Regulations
Annual Stress Tests
12 CFR Part 46
12 CFR Part 46.
Board Regulations
Capital Planning .....
Domestic Banking
Organizations:
Stress Tests,
Risk Committee
Requirements,
Company Run
and Supervisory,
and Enhanced
Prudential Standards.
12 CFR Part
225.8 [Reg. Y].
12 CFR Part 252,
Subparts B–F
and U [Reg.
YY]. 12 CFR
Part 252, Subpart B
[Reg.YY].
12 CFR Part 252,
Subparts B–F
and U [Reg.
YY].
FDIC Regulations
Annual Stress Tests
12 CFR Part 325,
Subpart C.
12 CFR Part 325,
Subpart C.
6. Community Reinvestment Act
All rules under this category were included in the charts published in the First Notice
7. Consumer Protection
Interagency Regulations
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
Loans in Areas
Having Special
Flood Hazards.
12 CFR Part 22.
12 CFR Part
208.25, 208.25
Appx. A, B
[Reg. H].
12 CFR Part 339
12 CFR Part 22
12 CFR Part 339.
8. Directors, Officers, and Employees
FDIC Regulations
Management Official Interlocks.
12 CFR Part 348.
9. Money Laundering
All rules under this category were included in the charts published in the First Notice
VerDate Sep<11>2014
18:21 Dec 22, 2015
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79735
Federal Register / Vol. 80, No. 246 / Wednesday, December 23, 2015 / Proposed Rules
National
banks
Subject
State
non-member
banks
State
member banks
Federal savings
associations
State savings
associations
BHCs & FHCs
SLHCs
10. Rules of Procedure
All rules under this category are included in Chart A above
11. Safety and Soundness
All rules under this category are included in Chart A above
12. Securities
All rules under this category are included in Chart A above
Dated: December 16, 2015.
Thomas J. Curry,
Comptroller of the Currency.
By order of the Board of Governors of the
Federal Reserve System, December 11, 2015.
Robert deV. Frierson,
Secretary of the Board.
Dated: December 16, 2015.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015–32312 Filed 12–22–15; 8:45 am]
BILLING CODE P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 39
[Docket No. FAA–2015–7525; Directorate
Identifier 2015–NM–064–AD]
RIN 2120–AA64
Airworthiness Directives; The Boeing
Company Airplanes
Federal Aviation
Administration (FAA), DOT.
ACTION: Notice of proposed rulemaking
(NPRM).
AGENCY:
We propose to adopt a new
airworthiness directive (AD) for certain
The Boeing Company Model 747–400,
747–400D, and 747–400F series
airplanes; Model 757 airplanes; and
Model 767 airplanes. This proposed AD
was prompted by reports of
uncommanded autopilot engagement
events resulting in incorrect stabilizer
trim adjustment during takeoff. This
proposed AD would require, depending
on the model/configuration for Model
747 airplanes, installing an on-ground
stabilizer autotrim inhibit system, doing
routine functional testing of the
automatic stabilizer trim inhibit system
and corrective actions if necessary; for
Model 757 airplanes and Model 767
airplanes, installing relays and related
asabaliauskas on DSK5VPTVN1PROD with PROPOSALS
SUMMARY:
VerDate Sep<11>2014
17:28 Dec 22, 2015
Jkt 238001
wiring to open and close the flight
control computer (FCC) analog output
that controls the stabilizer trim
adjustment, doing routine functional
testing of the automatic stabilizer trim
inhibit system, and corrective actions if
necessary; and for Model 767–300, and
-300F series airplanes, installing new
operational program software (OPS) into
the FCCs. We are proposing this AD to
prevent stabilizer mistrim, which could
result in a high-speed rejected takeoff
and runway overrun, or reduced
controllability of the airplane after
takeoff due to insufficient pitch control.
DATES: We must receive comments on
this proposed AD by February 8, 2016.
ADDRESSES: You may send comments,
using the procedures found in 14 CFR
11.43 and 11.45, by any of the following
methods:
• Federal eRulemaking Portal: Go to
https://www.regulations.gov. Follow the
instructions for submitting comments.
• Fax: 202–493–2251.
• Mail: U.S. Department of
Transportation, Docket Operations, M–
30, West Building Ground Floor, Room
W12–140, 1200 New Jersey Avenue SE.,
Washington, DC 20590.
• Hand Delivery: Deliver to Mail
address above between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays.
For service information identified in
this proposed AD, contact Boeing
Commercial Airplanes, Attention: Data
& Services Management, P.O. Box 3707,
MC 2H–65, Seattle, WA 98124–2207;
telephone: 206–544–5000, extension 1;
fax: 206–766–5680; Internet https://
www.myboeingfleet.com. You may view
this referenced service information at
the FAA, Transport Airplane
Directorate, 1601 Lind Avenue SW.,
Renton, WA. For information on the
availability of this material at the FAA,
call 425–227–1221. It is also available
on the Internet at https://
www.regulations.gov by searching for
and locating Docket No. FAA–2015–
7525.
PO 00000
Frm 00017
Fmt 4702
Sfmt 4702
Examining the AD Docket
You may examine the AD docket on
the Internet at https://
www.regulations.gov by searching for
and locating Docket No. FAA–2015–
7525; or in person at the Docket
Management Facility between 9 a.m.
and 5 p.m., Monday through Friday,
except Federal holidays. The AD docket
contains this proposed AD, the
regulatory evaluation, any comments
received, and other information. The
street address for the Docket Office
(phone: 800–647–5527) is in the
ADDRESSES section. Comments will be
available in the AD docket shortly after
receipt.
Fnu
Winarto, Aerospace Engineer, Systems
and Equipment Branch, ANM–130S,
FAA, Seattle Aircraft Certification
Office (ACO), 1601 Lind Avenue SW.,
Renton, WA 98057–3356; phone: 425–
917–6659; fax: 425–917–6590; email:
fnu.winarto@faa.gov.
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
Comments Invited
We invite you to send any written
relevant data, views, or arguments about
this proposal. Send your comments to
an address listed under the ADDRESSES
section. Include ‘‘Docket No. FAA–
2015–7525; Directorate Identifier 2015–
NM–064–AD’’ at the beginning of your
comments. We specifically invite
comments on the overall regulatory,
economic, environmental, and energy
aspects of this proposed AD. We will
consider all comments received by the
closing date and may amend this
proposed AD because of those
comments.
We will post all comments we
receive, without change, to https://
www.regulations.gov, including any
personal information you provide. We
will also post a report summarizing each
substantive verbal contact we receive
about this proposed AD.
E:\FR\FM\23DEP1.SGM
23DEP1
Agencies
[Federal Register Volume 80, Number 246 (Wednesday, December 23, 2015)]
[Proposed Rules]
[Pages 79724-79735]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-32312]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
12 CFR Chapter I
[Docket ID FFIEC-2014-0001]
FEDERAL RESERVE SYSTEM
12 CFR Chapter II
[Docket No. R-1510]
FEDERAL DEPOSIT INSURANCE CORPORATION
12 CFR Chapter III
Regulatory Publication and Review Under the Economic Growth and
Regulatory Paperwork Reduction Act of 1996
AGENCY: Office of the Comptroller of the Currency (``OCC''), Treasury;
Board of Governors of the Federal Reserve System (``Board''); and
Federal Deposit Insurance Corporation (``FDIC'').
ACTION: Notice of regulatory review; request for comments.
-----------------------------------------------------------------------
SUMMARY: The OCC, Board, and FDIC (each an ``Agency''; together ``we''
or ``Agencies'') are conducting a review of the regulations we have
issued in order to identify outdated or otherwise unnecessary
regulatory requirements imposed on insured depository institutions, as
required by the Economic Growth and Regulatory Paperwork Reduction Act
of 1996 (EGRPRA). EGRPRA requires the Agencies to organize the
regulations into categories and publish groups of categories for
comment. In this notice, the Agencies are seeking public comment on
regulations in the following categories: Rules of Procedure; Safety and
Soundness; and Securities. We have listed these rules on a chart
included with this notice.
In addition, as we previously announced, the Agencies have expanded
the scope of the EGRPRA review to include the Agencies' recently issued
final rules. Accordingly, in this notice, the Agencies invite the
public to comment on any Agency final rule not included in a previous
EGRPRA Federal Register notice. To facilitate identification of these
recently issued rules, we have included with this notice a separate
chart that lists these rules.
Finally, in order to be as inclusive as possible, the Agencies also
invite comment during the comment period for this notice on any Agency
rule that is issued in final form on or before December 31, 2015. We
will list these
[[Page 79725]]
rules on the EGRPRA Web site, https://egrpra.ffiec.gov/. The public may
also comment on any other Agency rule, including rules covered by the
three prior notices during the open comment period for this notice.
DATES: Written comments must be received by no later than March 22,
2016.
ADDRESSES: Any interested individual may submit comments through the
EGRPRA Web site during open comment periods at: https://egrpra.ffiec.gov/submit-comment/submit-comment-index.html. On this
site, click ``Submit a Comment'' and follow the instructions.
Alternatively, comments also may be submitted through the Federal
eRulemaking Portal ``Regulations.gov'' at: https://www.regulations.gov.
Enter ``Docket ID FFIEC-2014-0001'' in the Search Box, click
``Search,'' and click ``Comment Now.'' Those who wish to submit their
comments by an alternate means may do so as indicated by each Agency
below.
OCC
The OCC encourages commenters to submit comments through the
Federal eRulemaking Portal, Regulations.gov, in accordance with the
previous paragraph. Alternatively, comments may be emailed to
regs.comments@occ.treas.gov or sent by mail to Legislative and
Regulatory Activities Division, Office of the Comptroller of the
Currency, Mail Stop 9W-11, 400 7th Street SW., Washington, DC 20219.
Comments also may be faxed to (571) 465-4326 or hand delivered or sent
by courier to 400 7th Street SW., Washington, DC 20219. For comments
submitted by any means other than Regulations.gov, you must include
``OCC'' as the Agency name and ``Docket ID FFIEC-2014-0001'' in your
comment.
In general, the OCC will enter all comments received into the
docket and publish them without change on Regulations.gov. Comments
received, including attachments and other supporting materials, as well
as any business or personal information you provide, such as your name
and address, email address, or phone number, are part of the public
record and subject to public disclosure. Therefore, please do not
include any information with your comment or supporting materials that
you consider confidential or inappropriate for public disclosure.
You may inspect and photocopy in person all comments received by
the OCC at 400 7th Street SW., Washington, DC 20219. For security
reasons, the OCC requires that visitors make an appointment to inspect
or photocopy comments. You may make an appointment by calling (202)
649-6700 or, for persons who are deaf or hard of hearing, TTY (202)
649-5597. Upon arrival, visitors will be required to present valid
government-issued photo identification and submit to a security
screening.
Board
The Board encourages commenters to submit comments regarding the
Board's regulations by any of the following methods:
Agency Web site: https://www.federalreserve.gov/apps/foia/proposedregs.aspx. Follow the instructions for submitting comments on
the Agency Web site.
Federal eRulemaking Portal, in accordance with the
directions above.
Email: regs.comments@federalreserve.gov. Include
``EGRPRA'' and Docket No. R-1510 in the subject line of the message.
FAX: (202) 452-3819.
Mail: Robert deV. Frierson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue NW.,
Washington, DC 20551.
In general, the Board will enter all comments received into the
docket and publish them without change on the Board's public Web site
www.federalreserve.gov; Regulations.gov; and https://egrpra.ffiec.gov.
Comments received, including attachments and other supporting
materials, as well as any business or personal information you provide,
such as your name and address, email address, or phone number, are part
of the public record and subject to public disclosure. Therefore,
please do not enclose any information with your comment or supporting
materials that you consider confidential or inappropriate for public
disclosure.
You may inspect and photocopy in person all comments received by
the Board in Room 3515, 1801 K Street NW., (between 18th and 19th
Street NW.,) Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on
weekdays. For security reasons, the Board requires that visitors make
an appointment to inspect comments. You may make an appointment by
calling (202) 452-3000. Upon arrival, visitors will be required to
present valid government-issued photo identification and submit to a
security screening.
FDIC
The FDIC encourages commenters to submit comments through the
Federal eRulemaking Portal, ``Regulations.gov,'' in accordance with the
directions above. Alternatively, you may submit comments by any of the
following methods:
Agency Web site: https://www.fdic.gov/regulations/laws/federal. Follow instructions for submitting comments on the Agency Web
site.
Email: Comments@FDIC.gov. Include ``EGRPRA'' in the
subject line of the message.
Mail: Robert E. Feldman, Executive Secretary, Attention:
Comments, Federal Deposit Insurance Corporation, 550 17th Street NW.,
Washington, DC 20429.
Hand Delivery/Courier: Guard station at the rear of the
550 17th Street Building (located on F Street) on business days between
7:00 a.m. and 5:00 p.m. (EDT).
The FDIC will post all comments received to https://www.fdic.gov/regulations/laws/federal without change, including any personal
information provided. Comments may be inspected and photocopied in the
FDIC Public Information Center, 3501 North Fairfax Drive, Room E-1002,
Arlington, VA 22226, between 9:00 a.m. and 5:00 p.m. (EDT) on business
days. Paper copies of public comments may be ordered from the Public
Information Center by calling (877) 275-3342.
FOR FURTHER INFORMATION CONTACT: OCC: Karen McSweeney, Counsel (202)
649-6295; Heidi M. Thomas, Special Counsel (202) 649-5490; Rima
Kundnani, Attorney (202) 649-5545; for persons who are deaf or hard of
hearing, TTY (202) 649-5597.
Board: Claudia Von Pervieux, Counsel (202) 452-2552; Brian
Phillips, Attorney (202) 452-3321; for persons who are deaf or hard of
hearing, TTY (202) 263-4869.
FDIC: Ruth R. Amberg, Assistant General Counsel (202) 898-3736; Ann
Taylor, Supervisory Counsel (202) 898-3573; for persons who are deaf or
hard of hearing, TTY 1-800-925-4618.
SUPPLEMENTARY INFORMATION:
I. Introduction
Section 2222 of EGRPRA \1\ requires that, not less frequently than
once every 10 years, the Federal Financial Institutions Examination
Council
[[Page 79726]]
(FFIEC),\2\ along with the Agencies,\3\ conduct a review of their
regulations to identify outdated or otherwise unnecessary requirements
imposed on insured depository institutions.\4\ The EGRPRA regulatory
review provides an opportunity for the public and the Agencies to look
at groups of related regulations and to identify opportunities for
burden reduction. For example, the EGRPRA review may facilitate the
identification of statutes and regulations that share similar goals or
complementary methods where one or more Agencies could eliminate
overlapping requirements. Alternatively, commenters may identify
regulations or statutes that impose requirements that are no longer
consistent with the way that business is conducted and that the
Agencies should eliminate or revise.
---------------------------------------------------------------------------
\1\ Public Law 104-208 (1996), codified at 12 U.S.C. 3311.
\2\ The FFIEC is an interagency body empowered to prescribe
uniform principles, standards, and report forms for the Federal
examination of financial institutions and to make recommendations to
promote uniformity in the supervision of financial institutions. The
FFIEC does not issue regulations that impose burden on financial
institutions and, therefore, we have not separately captioned the
FFIEC in this notice.
\3\ The FFIEC is comprised of the OCC, Board, FDIC, National
Credit Union Administration (NCUA), Consumer Financial Protection
Bureau (CFPB), and State Liaison Committee. Of these, only the OCC,
Board, and FDIC are statutorily required to undertake the EGRPRA
review. The NCUA elected to participate in the first EGRPRA review
10 years ago, and the NCUA Board again has elected to participate in
this review process. Consistent with its approach during the first
EGRPRA review, the NCUA will separately issue notices and requests
for comment on its rules. The CFPB is required to review its
significant rules and publish a report of its review no later than
five years after they take effect. See 12 U.S.C. 5512(d). This
process is separate from the EGRPRA process.
\4\ Insured depository institutions also are subject to
regulations that are not required to be reviewed under the EGRPRA
process. Examples include rules for which rulemaking authority has
transferred to the CFPB and anti-money laundering regulations issued
by the Department of the Treasury's Financial Crimes Enforcement
Network, among others. If, during the EGRPRA review, the Agencies
receive a comment about a regulation that is not subject to the
EGRPRA review, we will forward that comment to the appropriate
agency.
---------------------------------------------------------------------------
In addition to providing an opportunity to consider burden
reduction generally, the EGRPRA review also provides the Agencies and
the public with an opportunity to consider burden reduction on
community banks and other small, insured depository institutions or
holding companies. We are keenly aware of the role that these
institutions play in providing consumers and businesses across the
nation with essential financial services and access to credit, and we
are concerned about the impact of regulatory burden on these smaller
institutions. We understand that when an Agency issues a new regulation
or amends a current regulation, smaller institutions may have to devote
considerable resources to determine if and how the regulation will
affect them. Through the public comment process, the EGRPRA review can
help the Agencies identify and target regulatory changes to reduce
unnecessary burden on these smaller institutions.
Burden reduction must, however, be consistent with the Agencies'
statutory mandates, many of which require the issuance of regulations.
These mandates include ensuring the safety and soundness of insured
depository institutions, their affiliates, and the financial system as
a whole. EGRPRA recognizes that effective burden reduction may require
legislative change. Accordingly, as part of this review, we
specifically ask the public to comment on the relationships among
burden reduction, regulatory requirements, and statutory mandates.
In addition, we note that the Agencies consider potential
regulatory burden each time we propose, adopt, or amend a rule. For
example, under the Paperwork Reduction Act of 1995 and the Regulatory
Flexibility Act, the Agencies assess each rulemaking with respect to
the burdens the rule might impose. Furthermore, we invite the public to
comment on every rule we propose, as required by the Administrative
Procedure Act (APA).
II. The EGRPRA Review Process
Taken together for purposes of EGRPRA, the Agencies' regulations
covering insured depository institutions encompass more than 100
subjects.\5\ Consistent with the EGRPRA statute, the Agencies grouped
these regulations into the following 12 regulatory categories:
Applications and Reporting; Banking Operations; Capital; Community
Reinvestment Act; Consumer Protection; \6\ Directors, Officers and
Employees; International Operations; Money Laundering; Powers and
Activities; Rules of Procedure; Safety and Soundness; and Securities.
To determine these categories, we divided the regulations by type and
sought to have no category be too large or broad.
---------------------------------------------------------------------------
\5\ Consistent with EGRPRA's focus on reducing burden on insured
depository institutions, the Agencies have not included their
internal, organizational, or operational regulations in this review.
\6\ As we have previously noted, the Agencies are seeking
comment only on those consumer protection regulations for which we
retain rulemaking authority for insured depository institutions and
regulated holding companies following passage of section 1061 of the
Dodd-Frank Wall Street Reform and Consumer Protection Act, Public
Law 111-203 (2010) (Dodd-Frank Act), codified at 12 U.S.C. 5581(b).
---------------------------------------------------------------------------
To carry out the EGRPRA review, the Agencies have published three
Federal Register notices, each addressing one or more categories of
rules. Each Federal Register notice provided a 90-day comment period.
On June 4, 2014, the Agencies published the first such notice, seeking
comment on three categories of rules: Applications and Reporting;
Powers and Activities; and International Operations.\7\ On February 13,
2015, the Agencies published the second notice, seeking comment on
three additional categories of rules: Banking Operations; Capital; and
the Community Reinvestment Act.\8\ On June 5, 2015, the Agencies
published the third notice, seeking comment on three additional
categories: Consumer Protection; Directors, Officers and Employees; and
Money Laundering (Third Notice).\9\ The comment period for the Third
Notice closed on September 3, 2015.
---------------------------------------------------------------------------
\7\ 79 FR 32172.
\8\ 80 FR 7980.
\9\ 80 FR 32046. Together, the three EGRPRA notices are referred
to as the ``Prior Notices.''
---------------------------------------------------------------------------
In the Third Notice, the Agencies also announced their decision to
expand the scope of the EGRPRA review to include recently issued rules,
such as those issued pursuant to the Dodd-Frank Act and the recently
promulgated domestic capital and liquidity rules. The Agencies
identified these rules, referred to as ``Newly Listed Rules,'' on a
chart included with the Third Notice. The Third Notice stated that the
public could comment on the Newly Listed Rules during the comment
period for the final EGRPRA notice.
Today, we are publishing the fourth and final EGRPRA notice,
addressing the categories of Rules of Procedure; Safety and Soundness;
and Securities. We invite the public to identify outdated, unduly
burdensome, or otherwise unnecessary regulatory requirements imposed on
insured depository institutions and their holding companies in these
three categories. Chart A in Section IV contains the Agencies' rules in
these three categories, including the Newly Listed Rules in these three
categories. In addition, consistent with the expanded scope of the
EGRPRA review, we invite the public to identify outdated, unduly
burdensome, or otherwise unnecessary regulatory requirements imposed on
insured depository institutions and their holding companies by the
Newly Listed Rules in the nine categories covered by the Prior Notices.
Chart B in Section IV contains the Newly Listed Rules in
[[Page 79727]]
these nine categories, including rules issued in final form since the
Third Notice.
Finally, in order to be as inclusive as possible, the Agencies
invite comment on any other rule issued in final form on or before
December 31, 2015, which will be listed on the EGRPRA Web site, https://egrpra.ffiec.gov/. Furthermore, as has been the practice of the
Agencies, we invite comment on any of the Agencies' final rules
included in this EGRPRA review during the open comment period for this
notice.
As part of the EGRPRA review, the Agencies have held a series of
outreach meetings around the country to provide an opportunity for
bankers, consumer and community groups, and other interested persons to
present their views directly to Agency senior management and staff on
any of the regulations in the EGRPRA review. The Agencies held a final
outreach meeting on December 2, 2015, in the Washington, DC area.
Transcripts from and other information about the outreach meetings can
be found on the Agencies' EGRPRA Web site, https://egrpra.ffiec.gov.
Following the close of the comment period for this final notice,
the Agencies will review all of the comments we have received and
decide whether further action is appropriate with respect to the
regulations. The Agencies will make this decision jointly in the case
of rules that we have issued on an interagency basis. For rules issued
by one Agency, the issuing Agency will review the comments received and
independently determine whether amendments to or repeal of its rules
are appropriate. If so, that Agency will initiate a rulemaking to
effect such change.
Finally, EGRPRA also requires the FFIEC or the Agencies to publish
in the Federal Register a summary of the comments received, identifying
significant issues raised and commenting on these issues. It also
directs the Agencies to eliminate unnecessary regulations to the extent
that such action is appropriate. The statute additionally requires the
FFIEC to submit to Congress a report that summarizes any significant
issues raised in the public comments and the relative merits of such
issues. The report also must include an analysis of whether the
Agencies are able to address the regulatory burdens associated with
such issues or whether these burdens must be addressed by legislative
action.
III. Request for Burden Reduction Comments on Regulations in the Rules
of Procedure, Safety and Soundness, and Securities Categories; on Newly
Listed Rules in the Other Categories of Regulations; and on Any Other
Final Rule Issued by December 31, 2015
As stated previously in this notice, the Agencies are asking the
public to comment on regulations in the Rules of Procedure; Safety and
Soundness; and Securities categories. Chart A in Section IV contains
the Agencies' rules that are in these three categories. The Agencies
are also asking the public to comment on the Newly Listed Rules in the
nine categories covered by the Prior Notices. Chart B in Section IV
contains the Newly Listed Rules. Both charts include any rules issued
on or before December 23, 2015. The Agencies will also accept comment
during the open comment period of this notice on any other Agency rule
issued in final form by December 31, 2015. In addition, we will accept
comments on any of the Agencies' rules, including those rules in
categories covered in the Prior Notices.
Where possible, we ask commenters to cite specific regulatory
language or provisions. We also welcome suggested alternative
provisions or language in support of a comment, where appropriate.
Where implementation of a suggestion would require modification of a
statute, we ask the commenter to identify the statute and the needed
change, where possible.
Specific issues for commenters to consider. The Agencies
specifically invite comment on the following issues as they pertain to
(a) the Agencies' Rules of Procedure; Safety and Soundness rules; and
Securities rules, on Chart A; (b) any of the Newly Listed Rules on
Chart B; and (c) any other Agency rule that is issued in final form by
December 31, 2015.
Need for statutory change. (1) Do any statutory
requirements underlying the rules in these categories impose outdated
or otherwise unnecessary regulatory requirements? (2) If so, please
identify the statutes and indicate how they should be amended.
Need and purpose of the regulations. (1) Have there been
changes in the financial services industry, consumer behavior, or other
circumstances that cause any regulations in these categories to be
outdated or otherwise unnecessary? (2) If so, please identify and
indicate how they should be amended. (3) Do any of these regulations
impose burdens not required by their underlying statutes? (4) If so,
please identify the regulations and indicate how they should be
amended.
Overarching approaches/flexibility. (1) With respect to
the regulations in these categories, could an Agency use a different
approach to lessen the burden imposed by the regulations and achieve
statutory intent? (2) Do any of these rules impose unnecessarily
inflexible requirements? (3) If so, please identify the regulations and
indicate how they should be amended.
Effect on competition. (1) Do any of the regulations or
underlying statutes create competitive disadvantages for one part of
the financial services industry compared to another or for one type of
insured depository institution compared to another? (2) If so, please
identify the regulations and indicate how they should be amended.
Reporting, recordkeeping and disclosure requirements. (1)
Do any of the regulations or underlying statutes in these categories
impose outdated or otherwise unnecessary reporting, recordkeeping, or
disclosure requirements on insured depository institutions or their
holding companies? (2) Could a financial institution fulfill any of
these requirements electronically (if it is not already permitted to do
so) and experience burden reduction? (3) If so, please identify the
regulations and indicate how they should be amended.
Unique characteristics of a type of institution. (1) Do
any of the regulations or underlying statutes in these categories
impose requirements that are unwarranted by the unique characteristics
of a particular type of insured depository institution or holding
company? (2) If so, please identify the regulations and indicate how
they should be amended.
Clarity. (1) Are the regulations in these categories clear
and easy to understand? (2) Are there specific regulations for which
clarification is needed? (3) If so, please identify the regulations and
indicate how they should be amended.
Burden on community banks and other smaller, insured
depository institutions. (1) Are there regulations or underlying
statutes in these categories that impose outdated or otherwise
unnecessary requirements on a substantial number of community banks or
other smaller, insured depository institutions or holding companies?
(2) Have the Agencies issued regulations pursuant to a common statute
that, as applied by the Agencies, create redundancies or impose
inconsistent requirements? (3) Should any of these regulations be
amended or repealed in order to minimize this impact? (4) If so,
[[Page 79728]]
please identify the regulations and indicate how they should be
amended.
Scope of rules. (1) Is the scope of each rule in these
categories consistent with the intent of the underlying statute(s)? (2)
Could we amend the scope of a rule to clarify its applicability or
reduce burden, while remaining faithful to statutory intent? (3) If so,
please identify the regulations and indicate how they should be
amended.
--------------------------------------------------------------------------------------------------------------------------------------------------------
State member State non-member Federal savings State savings
Subject National banks banks banks associations associations BHCs & FHCs SLHCs
--------------------------------------------------------------------------------------------------------------------------------------------------------
10. Rules of Procedure
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Uniform Rules of Practice and 12 CFR Part 19, 12 CFR Part 263 12 CFR Part 308 12 CFR Part 109, 12 CFR Part 12 CFR Part 263.
Procedure. Subpart A. Subpart A. 390.30.
--------------------------------------------------------------------------------------------------------------------------------------------------------
OCC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
National Bank Voluntary 12 CFR 5.48.
Liquidation.
Federal Savings Association-- 12 CFR Part 112.
Investigative Proceedings and
Formal Examinations.
Federal Savings Association-- 12 CFR Part 158.
Possession by Conservators and
Receivers for Federal and State
Savings Associations.
Federal Savings Association-- 12 CFR Part 108.
Removals, Suspensions and
Prohibitions Where a Crime is
Charged or Proven.
Rules of Practice and Procedure. 12 CFR Part 19, 12 CFR Part 109,
Subparts B-P. Subpart B.
--------------------------------------------------------------------------------------------------------------------------------------------------------
FDIC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Orderly Liquidation Authority... 12 CFR Part 380.
12 CFR Part 380.
Resolution and Receivership 12 CFR Part 360 12 CFR Part 360 12 CFR Part 360 12 CFR Part 360 12 CFR Part 360.
Rules.
Recordkeeping Requirements for 12 CFR Part 371 12 CFR Part 371 12 CFR Part 371 12 CFR Part 371 12 CFR Part 371.
Qualified Financial Contracts.
Restrictions on Sale of Assets 12 CFR Part 340 12 CFR Part 340 12 CFR Part 340 12 CFR Part 340 12 CFR Part 340.
by the Federal Deposit
Insurance Corporation.
--------------------------------------------------------------------------------------------------------------------------------------------------------
[[Page 79729]]
11. Safety and Soundness
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Appraisals: Higher-priced 12 CFR Part 34, 12 CFR 226.43; 12 12 CFR Part 1026 12 CFR Part 34, 12 CFR 226.43; 12
Mortgages. Subpart G. CFR Part 226, [Reg. Z]. Subpart G. CFR Part 226,
Appx. N and O, Appx. N and O,
and Supp. I [Reg. and Supp. I [Reg.
Z]. Z].
12 CFR 226.43; 12
CFR Part 226,
Appx. N and O,
and Supp. I [Reg.
Z].
Appraisals: Minimum Requirements 12 CFR part 34, 12 CFR 208.50 12 CFR Part 323, 12 CFR part 34, 12 CFR Part 323 12 CFR Part 225,
for Appraisal Management Subpart H. [Reg. H]; 12 CFR Subpart B. Subpart H. Subpart B. Subpart M [Reg.
Companies. Part 225, Subpart Y].
M [Reg. Y].
Appraisals: Standards for 12 CFR Part 34, 12 CFR 208.50 12 CFR Part 323 12 CFR Part 34, 12 CFR Part 323 12 CFR Part 225,
Federally-Related Transactions. Subpart C. [Reg. H]; 12 CFR Subpart C. Subpart G [Reg.
Part 225, Subpart Y].
G [Reg. Y].
Credit Risk Retention........... 12 CFR Part 43 12 CFR Part 244 12 CFR Part 373 12 CFR Part 43 12 CFR Part 373 12 CFR Part 244
[Reg. RR]. [Reg. RR].
12 CFR Part 244
[Reg. RR].
Frequency of Safety and 12 CFR 4.6-.7 12 CFR 208.64 12 CFR 337.12 12 CFR 4.6 (See 12 CFR 390.351.
Soundness Examination. [Reg. H]. also, 12 CFR
163.170).
Lending Limits.................. 12 CFR Part 32 12 CFR Part 215, 12 CFR 337.3 12 CFR Part 32 12 CFR 390.338.
Subpart A [Reg.
O].
Liquidity Risk.................. 12 CFR Part 50 12 CFR Part 249 12 CFR Part 329 12 CFR Part 50 12 CFR Part 329 12 CFR Part 249
[Reg. WW]. [Reg. WW].
12 CFR Part 249
[Reg. WW].
Real Estate Lending Standards... 12 CFR Part 34, 12 CFR Part 208, 12 CFR Part 365 12 CFR 160.100; 12 12 CFR Part 390, 12 CFR Part 225,
Subpart D. Subpart E and CFR 163.101 Subpart P. Subpart G [Reg.
Appx. C [Reg. H]. Y].
Resolution Plans................ 12 CFR Part 381;
12 CFR Part 243
[Reg. QQ].
Security Devices and Procedures. 12 CFR Part 21, 12 CFR 208.61 12 CFR Part 326, 12 CFR Part 168 12 CFR Part 391,
Subpart A. [Reg. H]. Subpart A. Subpart A.
Standards for Safety and 12 CFR Part 30 12 CFR Part 208, 12 CFR Part 364 12 CFR Part 30 12 CFR Part 364.
Soundness. Appx. D-1 [Reg.
H].
Transactions with Affiliates.... 12 CFR Part 223 12 CFR Part 223 12 CFR Part 223 12 CFR 163.41 12 CFR 390.337.
[Reg. W]; 12 CFR [Reg. W]. [Reg. W].
Part 31.
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OCC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Heightened Expectations 12 CFR Part 30, 12 CFR Part 30,
Guidelines. Appx. D. Appx. D.
National Bank--Other Real Estate 12 CFR Part 34,
Owned. Subpart E.
Federal Savings Association-- 12 CFR Part 163,
Financial Management Policies. Subpart F (See
also 12 CFR
5.59(e)(7)
(service
corporations
only)).
[[Page 79730]]
Savings Association--Lending and 12 CFR Part 160 12 CFR Part 160
Investment Additional Safety (Lending and
and Soundness Limitations. Investment).
Savings Associations and Savings 12 CFR 162.4; See
Association Holding Companies also, 12 CFR Part
Audits. 363.
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Board Regulations
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Appraisals: Appraiser 12 CFR 226.42; 12 12 CFR Part 1026 12 CFR 226.42; 12
Independence. CFR Part 226, [Reg. Z]. CFR Part 226,
Supp. I [Reg. Z]. Supp. I [Reg. Z].
12 CFR 226.42; 12
CFR Part 226,
Supp. I [Reg. Z].
Definitions related to the 12 CFR Part 242
Financial Stability Oversight [Reg. PP].
Council.
Enhanced Prudential Standards 12 CFR Part 252,
Risk Committee Requirement (for Subparts B and C
certain BHCs) Standards for [Reg. YY].
BHCs with consolidated assets
$50 billion or more.
Extensions of Credit by Federal 12 CFR Part 201 12 CFR Part 201 12 CFR Part 201 12 CFR Part 201 12 CFR Part 201
Reserve Banks. [Reg. A]. [Reg. A]. [Reg. A]. [Reg. A]. [Reg. A].
Financial Market Utilities...... 12 CFR Part 234
[Reg. HH]
Limitations on Interbank 12 CFR Part 206 12 CFR Part 206 12 CFR Part 206 12 CFR Part 206 12 CFR Part 206
Liabilities. [Reg. F]. [Reg. F]. [Reg. F]. [Reg. F]. [Reg. F].
Securities Holding Companies.... 12 CFR Part 241
[Reg. OO]
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FDIC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual Independent Audits and 12 CFR Part 363 12 CFR Part 363 12 CFR Part 363 12 CFR Part 363; 12 CFR Part 363;
Reporting Requirements. See also, 12 CFR See also, 12 CFR
162.4. 390.322.
Resolution Plans................ 12 CFR Part 360.10 12 CFR Part 360.10 12 CFR Part 360.10 12 CFR Part 12 CFR Part
360.10. 360.10.
Unsafe and Unsound Banking 12 CFR 337.2.
Practices Standby Letters of
Credit.
Unsafe and Unsound Banking 12 CFR 337.6 12 CFR 337.6 12 CFR 337.6 12 CFR 337.6 12 CFR 337.6.
Practices Brokered Deposits.
--------------------------------------------------------------------------------------------------------------------------------------------------------
12. Securities
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
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Banks as Registered Clearing 12 CFR 19.135 12 CFR 208.32-33 12 CFR Part 308,
Agencies. [Reg. H]. Subpart S.
Banks as Securities Transfer 12 CFR 9.20 12 CFR 208.31 12 CFR Part 341.
Agents. [Reg. H].
[[Page 79731]]
Government Securities Sales 12 CFR Part 13 12 CFR 208.37 12 CFR Part 368.
Practices. [Reg. H].
Recordkeeping and Confirmation 12 CFR Part 12 12 CFR 208.34 12 CFR Part 344 12 CFR Part 151 12 CFR Part 344.
of Securities Transactions [Reg. H].
Effected by Banks.
Reporting Requirements for 12 CFR Part 11 12 CFR 208.36 12 CFR Part 335 12 CFR Part 194 12 CFR Part 335.
Reported Securities Under the [Reg. H]
Securities Exchange Act of 1934.
Securities Offerings............ 12 CFR Part 16 12 CFR Part 197 12 CFR Part 390,
Subpart W.
Swaps Margin.................... 12 CFR Part 45 12 CFR Part 237 12 CFR Part 349 12 CFR Part 45 12 CFR Part 349.
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OCC Regulations
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National Bank--Municipal 12 CFR Part 10.
Securities Dealer Activities of
Banks.
Federal Savings Association-- 12 CFR Part 193.
Accounting Requirements and
Financial Statements.
Savings Association--Proxies.... 12 CFR Part 169 12 CFR Part 169.
Federal Savings Association-- 12 CFR 163.5; 12
Rules on the Issuance and Sale CFR Part 163,
of Institution Securities. Subpart C.
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Board Regulations
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Credit by Banks and Persons 12 CFR Part 221 12 CFR Part 221 12 CFR Part 221 12 CFR Part 221 12 CFR Part 221 12 CFR Part 221
Other than Brokers or Dealers [Reg. U]. [Reg. U]. [Reg. U]. [Reg. U]. [Reg. U]. [Reg. U].
for the Purpose of Purchasing 12 CFR Part 221
or Carrying Margin Stock. [Reg. U].
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1. Applications and Reporting
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Bank Merger Act................. 12 CFR 5.33 12 CFR 5.33.
Change in Bank Control.......... 12 CFR Part 5.50 12 CFR Part 303 12 CFR Part 5.50 12 CFR Part 303
Subpart E. Subpart E.
Notice of Addition or Change of 12 CFR 5.51 12 CFR 5.51.
Directors.
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OCC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Rules, Policies, and Procedures 12 CFR Part 5 12 CFR Part 5
for Corporate Activities. (Generally).
Federal Savings Association 12 CFR 5.55.
Capital Distribution.
[[Page 79732]]
Federal Mutual Savings 12 CFR 5.20; 12
Associations--Incorporation, CFR 5.21; 12 CFR
Organization and Conversion; or 5.23; 12 CFR
Merger, Dissolution, 5.25; 12 CFR
Reorganization and Conversion. 5.33; 12 CFR
5.48.
Federal Stock Savings 12 CFR 5.20; 12
Associations-Incorporation, CFR 5.22; 12 CFR
Organization and Conversion. 5.23; 12 CFR
5.25; 12 CFR
5.33; 12 CFR
5.48.
Federal Savings Association 12 CFR 5.31; 12
Offices. CFR 5.40; 12 CFR
5.52.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Board Regulations
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Concentration Limits............ 12 CFR Part 251 12 CFR Part 251 12 CFR Part 251 12 CFR Part 251 12 CFR Part 251 12 CFR Part 251
[Reg. XX]. [Reg. XX]. [Reg. XX]. [Reg. XX]. [Reg. XX]. [Reg. XX].
12 CFR Part 251
[Reg. XX].
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2. Powers and Activities
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Proprietary Trading and 12 CFR Part 44 12 CFR Part 248 12 CFR Part 351 12 CFR Part 44 12 CFR Part 351 12 CFR Part 248
Relationships with Covered [Reg. VV]. [Reg. VV].
Funds. 12 CFR Part 248
[Reg. VV].
Retail Foreign Exchange 12 CFR Part 48 12 CFR Part 240 12 CFR Part 349 12 CFR Part 48 12 CFR Part 349 12 CFR Part 240
Transactions. [Reg. NN]. [Reg. NN].
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OCC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Federal Savings Association 12 CFR 5.26; 12
Fiduciary Powers. CFR Part 150.
Federal Savings Association See also Federal
General. Stock
Associations
provisions on
chartering,
organization and
bylaws at 12 CFR
5.20; 12 CFR
5.21.
See also Federal
Mutual Savings
Associations
provisions on
chartering,
organization and
bylaws at 12 CFR
5.20; 12 CFR 5.22.
Federal Savings Association 12 CFR Part
Lending and Investment. 160.32; 12 CFR
160.35.
See also 12 CFR
5.37; 12 CFR
5.58; 12 CFR
7.1000; 12 CFR
7.3001.
[[Page 79733]]
Federal Savings Association 12 CFR 5.38; 12
Subordinate Organizations. CFR 5.59.
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Board Regulations
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Proprietary Trading and 12 CFR Part 225,
Relationships with Covered Subpart K [Reg.
Funds. Y].
12 CFR Part 225,
Subpart K [Reg.
Y].
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3. International Operations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Board Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Foreign Banking Organizations: 12 CFR Part 252
Stress Tests, Risk Committee Subparts L-O and
Requirements, and Enhanced U [Reg. YY].
Prudential Standards.
Swaps Entities.................. 12 CFR Part 237 12 CFR Part 237
[Reg. KK]. [Reg. KK].
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4. Banking Operations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Board Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Assessment of Fees.............. 12 CFR Part 246
[Reg. TT].
12 CFR Part 246
[Reg. TT].
Debit Card Interchange Fees..... 12 CFR Part 235 12 CFR Part 235 12 CFR Part 235 12 CFR Part 235 12 CFR Part 235
[Reg. II]. [Reg. II]. [Reg. II]. [Reg. II]. [Reg. II].
Reserve Requirements of 12 CFR Part 204 12 CFR Part 204 12 CFR Part 204 12 CFR Part 204 12 CFR Part 204
Depository Institutions. [Reg. D]. [Reg. D]. [Reg. D]. [Reg. D]. [Reg. D].
--------------------------------------------------------------------------------------------------------------------------------------------------------
5. Capital
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Capital Adequacy: General Ratio 12 CFR Part 3, 12 CFR Part 217, 12 CFR Part 324, 12 CFR Part 3, 12 CFR Part 324, 12 CFR Part 217,
and Buffers Definition of Subparts A-C, G- Subparts A-C, G Subparts A-C, G Subparts A-C, G- Subparts A-C, G Subparts A-C, G
Capital Transition. J. [Reg. Q]. [Previously found J. [Previously found [Reg. Q]. 12 CFR
in 12 CFR Part in 12 CFR Part Part 217,
325]. 390, Subpart Z]. Subparts A-C, G
[Reg. Q].
Capital Adequacy: Risk-based 12 CFR Part 3, 12 CFR Part 217, 12 CFR Part 324, 12 CFR Part 3, 12 CFR Part 324, 12 CFR Part 217,
Capital Surcharge for Global Subpart H. Subpart H [Reg. Subpart H. Subpart H. Subpart H. Subpart H [Reg.
Systemically Important Bank Q]. Q]. 12 CFR Part
Holding Companies. 217, Subpart H
[Reg. Q].
Capital Adequacy: Risk-Weighted 12 CFR Part 3, 12 CFR Part 217, 12 CFR Part 324, 12 CFR Part 3, 12 CFR Part 324, 12 CFR Part 217,
Assets--Standardized Approach. Subpart D. Subpart D [Reg. Subpart D Subpart D. Subpart D Subpart D [Reg.
Q]. [Previously found [Previously found Q]. 12 CFR Part
in 12 CFR Part in 12 CFR Part 217, Subpart D
325 Appx. A]. 390, Subpart Z, [Reg. Q].
Appx. A].
Capital Adequacy: Risk-Weighted 12 CFR Part 3, 12 CFR Part 217, 12 CFR Part 324, 12 CFR Part 3, 12 CFR Part 324, 12 CFR Part 217,
Assets--Advanced Measurement Subpart E. Subpart E [Reg. Subpart E Subpart E. Subpart E Subpart E [Reg.
Approaches. Q]. [Previously found [Previously found Q]. 12 CFR Part
in 12 CFR Part in 12 CFR Part 217, Subpart E
325 Appx. D]. 390, Subpart Z, [Reg. Q].
Appx. A].
[[Page 79734]]
Capital Adequacy: Risk-Weighted 12 CFR Part 3, 12 CFR Part 217, 12 CFR Part 324, 12 CFR Part 3, 12 CFR Part 324, 12 CFR Part 217,
Assets--Market Risk. Subpart F. Subpart F [Reg. Subpart F Subpart F. Subpart F Subpart F [Reg.
Q]. [Previously found [Previously found Q]. 12 CFR Part
in 12 CFR Part in 12 CFR Part 217, Subpart F
325 Appx. C]. 390, Subpart Z, [Reg. Q].
Appx. A].
Capital Adequacy Guidelines..... 12 CFR Part 3, 12 CFR Part 208, 12 CFR Part 324 12 CFR Part 3, 12 CFR Part 324 12 CFR Part 225,
Appx. A and B. Appx. A, B, and E [Previously found Appx. A and B. [Previously found Appx. A, B, D,
[Reg. H]. in 12 CFR Part in 12 CFR Part and E [Reg. Y].
325 Appx. A-D]. 390, Subpart Z,
Appx. A].
Prompt Corrective Action........ 12 CFR Part 6 12 CFR Part 208, 12 CFR Part 324, 12 CFR Part 6; 12 CFR Part 324, 12 CFR Part 208,
Subpart D [Reg. Subpart H Subpart H Subpart D [Reg.
H]; 12 CFR Part [Previously found [Previously found H]; 12 CFR Part
263, Subpart H in 12 CFR Part in 12 CFR Part 263, Subpart H.
325, Subpart B] 390, Subpart Y].
Small Bank Holding Company and 12 CFR Part 225,
Savings and Loan Holding Appx. C [Reg. Y].
Company Policy Statement. 12 CFR Part 225,
Appx. C [Reg. Y].
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OCC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual Stress Tests............. 12 CFR Part 46 12 CFR Part 46.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Board Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Capital Planning................ 12 CFR Part 225.8
[Reg. Y].
Domestic Banking Organizations: 12 CFR Part 252, 12 CFR Part 252,
Stress Tests, Risk Committee Subparts B-F and Subparts B-F and
Requirements, Company Run and U [Reg. YY]. U [Reg. YY]. 12
Supervisory, and Enhanced CFR Part 252,
Prudential Standards. Subpart B
[Reg.[hairsp]YY].
--------------------------------------------------------------------------------------------------------------------------------------------------------
FDIC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual Stress Tests............. 12 CFR Part 325, 12 CFR Part 325,
Subpart C. Subpart C.
--------------------------------------------------------------------------------------------------------------------------------------------------------
6. Community Reinvestment Act
--------------------------------------------------------------------------------------------------------------------------------------------------------
All rules under this category were included in the charts published in the First Notice
--------------------------------------------------------------------------------------------------------------------------------------------------------
7. Consumer Protection
--------------------------------------------------------------------------------------------------------------------------------------------------------
Interagency Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Loans in Areas Having Special 12 CFR Part 22. 12 CFR Part 12 CFR Part 339 12 CFR Part 22 12 CFR Part 339.
Flood Hazards. 208.25, 208.25
Appx. A, B [Reg.
H].
--------------------------------------------------------------------------------------------------------------------------------------------------------
8. Directors, Officers, and Employees
--------------------------------------------------------------------------------------------------------------------------------------------------------
FDIC Regulations
--------------------------------------------------------------------------------------------------------------------------------------------------------
Management Official Interlocks.. 12 CFR Part 348.
--------------------------------------------------------------------------------------------------------------------------------------------------------
9. Money Laundering
--------------------------------------------------------------------------------------------------------------------------------------------------------
All rules under this category were included in the charts published in the First Notice
--------------------------------------------------------------------------------------------------------------------------------------------------------
[[Page 79735]]
10. Rules of Procedure
--------------------------------------------------------------------------------------------------------------------------------------------------------
All rules under this category are included in Chart A above
--------------------------------------------------------------------------------------------------------------------------------------------------------
11. Safety and Soundness
--------------------------------------------------------------------------------------------------------------------------------------------------------
All rules under this category are included in Chart A above
--------------------------------------------------------------------------------------------------------------------------------------------------------
12. Securities
--------------------------------------------------------------------------------------------------------------------------------------------------------
All rules under this category are included in Chart A above
--------------------------------------------------------------------------------------------------------------------------------------------------------
Dated: December 16, 2015.
Thomas J. Curry,
Comptroller of the Currency.
By order of the Board of Governors of the Federal Reserve
System, December 11, 2015.
Robert deV. Frierson,
Secretary of the Board.
Dated: December 16, 2015.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2015-32312 Filed 12-22-15; 8:45 am]
BILLING CODE P