Regulations Implementing the Change in Bank Control Act; Extension of Comment Period, 84108 [2024-24316]

Download as PDF 84108 Proposed Rules Federal Register Vol. 89, No. 203 Monday, October 21, 2024 This section of the FEDERAL REGISTER contains notices to the public of the proposed issuance of rules and regulations. The purpose of these notices is to give interested persons an opportunity to participate in the rule making prior to the adoption of the final rules. FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 303 RIN 3064–AG04 Regulations Implementing the Change in Bank Control Act; Extension of Comment Period Federal Deposit Insurance Corporation (FDIC). ACTION: Notice of proposed rulemaking; extension of comment period. AGENCY: On August 19, 2024, the FDIC published in the Federal Register a proposed rule that would amend its filing requirements and processing procedures for notices filed under the Change in Bank Control Act (CBCA). The proposed rule provided for a 60-day comment period, which closes on October 18, 2024. The FDIC has determined that an extension of the comment period until November 18, 2024, is appropriate. This action will allow interested parties additional time to analyze the proposal and prepare comments. DATES: The comment period for the proposed rule published at 89 FR 67002 (August 19, 2024) is extended. Comments must be received on or before November 18, 2024. ADDRESSES: You may submit comments on this document using any of the following methods: lotter on DSK11XQN23PROD with PROPOSALS1 SUMMARY: VerDate Sep<11>2014 15:46 Oct 18, 2024 Jkt 265001 • Agency Website: https:// www.fdic.gov/resources/regulations/ federal-register-publications/. Follow the instructions for submitting comments on the agency website. • Email: comments@fdic.gov. Include RIN 3064–AG04 in the subject line of the message. • Mail: James P. Sheesley, Assistant Executive Secretary, Attention: Comments—RIN 3064–AG04, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. • Hand Delivery: Comments may be hand delivered to the guard station at the rear of the 550 17th Street NW building (located on F Street) on business days between 7 a.m. and 5 p.m. • Public Inspection: Comments received, including any personal information provided, may be posted without change to https://www.fdic.gov/ resources/regulations/federal-registerpublications/. Commenters should submit only information that the commenter wishes to make available publicly. The FDIC may review, redact, or refrain from posting all or any portion of any comment that it may deem to be inappropriate for publication, such as irrelevant or obscene material. The FDIC may post only a single representative example of identical or substantially identical comments, and in such cases will generally identify the number of identical or substantially identical comments represented by the posted example. All comments that have been redacted, as well as those that have not been posted, that contain comments on the merits of the notice will be retained in the public comment file and will be considered as required under all applicable laws. All comments may be accessible under the Freedom of Information Act. PO 00000 Frm 00001 Fmt 4702 Sfmt 9990 FOR FURTHER INFORMATION CONTACT: Annmarie Boyd, Senior Counsel, 202– 898–3714, aboyd@fdic.gov; Gregory S. Feder, Counsel, 202–898–8724, gfeder@ fdic.gov; Nicholas A. Simons, Senior Attorney, 202–898–6785, nsimons@ fdic.gov, Legal Division; Derek Sturtevant, Senior Review Examiner, 202–898–3693, dsturtevant@fdic.gov, Division of Risk Management Supervision, 550 17th Street NW, Washington, DC 20429. On August 19, 2024, the FDIC published in the Federal Register at 89 FR 67002 a proposed rule amending its filing requirements and processing procedures for notices filed under the CBCA. The proposed rule would remove the exemption from the notice requirement for acquisitions of voting securities of a depository institution holding company with an FDIC-supervised subsidiary institution for which the Board of Governors of the Federal Reserve System reviews a notice under the CBCA and make conforming definitional changes. The proposed rule stated that the comment period would close on October 18, 2024. However, to provide additional opportunity for the public to prepare comments to address the matters raised by the proposed rule, the FDIC is extending the comment period for the CBCA-related proposed rule from October 18, 2024, to November 18, 2024. SUPPLEMENTARY INFORMATION: Federal Deposit Insurance Corporation. Dated at Washington, DC, on October 16, 2024. James P. Sheesley, Assistant Executive Secretary. [FR Doc. 2024–24316 Filed 10–17–24; 11:15 am] BILLING CODE 6714–01–P E:\FR\FM\21OCP1.SGM 21OCP1

Agencies

[Federal Register Volume 89, Number 203 (Monday, October 21, 2024)]
[Proposed Rules]
[Page 84108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-24316]


========================================================================
Proposed Rules
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains notices to the public of 
the proposed issuance of rules and regulations. The purpose of these 
notices is to give interested persons an opportunity to participate in 
the rule making prior to the adoption of the final rules.

========================================================================


Federal Register / Vol. 89, No. 203 / Monday, October 21, 2024 / 
Proposed Rules

[[Page 84108]]



FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 303

RIN 3064-AG04


Regulations Implementing the Change in Bank Control Act; 
Extension of Comment Period

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of proposed rulemaking; extension of comment period.

-----------------------------------------------------------------------

SUMMARY: On August 19, 2024, the FDIC published in the Federal Register 
a proposed rule that would amend its filing requirements and processing 
procedures for notices filed under the Change in Bank Control Act 
(CBCA). The proposed rule provided for a 60-day comment period, which 
closes on October 18, 2024. The FDIC has determined that an extension 
of the comment period until November 18, 2024, is appropriate. This 
action will allow interested parties additional time to analyze the 
proposal and prepare comments.

DATES: The comment period for the proposed rule published at 89 FR 
67002 (August 19, 2024) is extended. Comments must be received on or 
before November 18, 2024.

ADDRESSES: You may submit comments on this document using any of the 
following methods:
     Agency Website: https://www.fdic.gov/resources/regulations/federal-register-publications/. Follow the instructions for 
submitting comments on the agency website.
     Email: [email protected]. Include RIN 3064-AG04 in the 
subject line of the message.
     Mail: James P. Sheesley, Assistant Executive Secretary, 
Attention: Comments--RIN 3064-AG04, Federal Deposit Insurance 
Corporation, 550 17th Street NW, Washington, DC 20429.
     Hand Delivery: Comments may be hand delivered to the guard 
station at the rear of the 550 17th Street NW building (located on F 
Street) on business days between 7 a.m. and 5 p.m.
     Public Inspection: Comments received, including any 
personal information provided, may be posted without change to https://www.fdic.gov/resources/regulations/federal-register-publications/. 
Commenters should submit only information that the commenter wishes to 
make available publicly. The FDIC may review, redact, or refrain from 
posting all or any portion of any comment that it may deem to be 
inappropriate for publication, such as irrelevant or obscene material. 
The FDIC may post only a single representative example of identical or 
substantially identical comments, and in such cases will generally 
identify the number of identical or substantially identical comments 
represented by the posted example. All comments that have been 
redacted, as well as those that have not been posted, that contain 
comments on the merits of the notice will be retained in the public 
comment file and will be considered as required under all applicable 
laws. All comments may be accessible under the Freedom of Information 
Act.

FOR FURTHER INFORMATION CONTACT: Annmarie Boyd, Senior Counsel, 202-
898-3714, [email protected]; Gregory S. Feder, Counsel, 202-898-8724, 
[email protected]; Nicholas A. Simons, Senior Attorney, 202-898-6785, 
[email protected], Legal Division; Derek Sturtevant, Senior Review 
Examiner, 202-898-3693, [email protected], Division of Risk 
Management Supervision, 550 17th Street NW, Washington, DC 20429.

SUPPLEMENTARY INFORMATION: On August 19, 2024, the FDIC published in 
the Federal Register at 89 FR 67002 a proposed rule amending its filing 
requirements and processing procedures for notices filed under the 
CBCA. The proposed rule would remove the exemption from the notice 
requirement for acquisitions of voting securities of a depository 
institution holding company with an FDIC-supervised subsidiary 
institution for which the Board of Governors of the Federal Reserve 
System reviews a notice under the CBCA and make conforming definitional 
changes. The proposed rule stated that the comment period would close 
on October 18, 2024. However, to provide additional opportunity for the 
public to prepare comments to address the matters raised by the 
proposed rule, the FDIC is extending the comment period for the CBCA-
related proposed rule from October 18, 2024, to November 18, 2024.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on October 16, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-24316 Filed 10-17-24; 11:15 am]
BILLING CODE 6714-01-P


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