Office of the Comptroller of the Currency February 15, 2005 – Federal Register Recent Federal Regulation Documents

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Shared National Credit Data Collection Modernization Extension of Comment Period

Document Number: 05-2847

Type: Notice

Date: 2005-02-15

Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Comptroller of the Currency

On December 20, 2004, the federal banking agencies (Board, FDIC, OCC, and OTS, collectively referred to as ``the Agencies'') published a proposal for public comment to standardize and expand the data collected from regulated institutions in order to improve the efficiency and effectiveness of Shared National Credit (SNC) examinations. By standardizing and expanding the collection of data, the Agencies will be able to use advanced credit risk analytics that will be beneficial to the reporting banks and the Agencies. The Agencies are extending the comment period to give the public additional time to submit comments on the proposal.

https://regulations.justia.com/regulations/fedreg/2005/02/15/05-2847.html