Thrift Supervision Office May 2007 – Federal Register Recent Federal Regulation Documents

Submission for OMB Review; Comment Request-Securities Offering Disclosures
Document Number: E7-10400
Type: Notice
Date: 2007-05-31
Agency: Department of the Treasury, Office of Thrift Supervision, Thrift Supervision Office, Department of Treasury
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995. OTS is soliciting public comments on the proposal.
Submission for OMB Review; Comment Request-Deposits
Document Number: E7-10399
Type: Notice
Date: 2007-05-31
Agency: Department of the Treasury, Office of Thrift Supervision, Thrift Supervision Office, Department of Treasury
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995. OTS is soliciting public comments on the proposal.
Bank of New Orleans, Metairie, LA, and Louisiana Bancorp, Inc., Metairie, LA; Approval of Conversion Application
Document Number: 07-2475
Type: Notice
Date: 2007-05-18
Agency: Department of the Treasury, Office of Thrift Supervision, Thrift Supervision Office, Department of Treasury
Abington Savings Bank, Abington Mutual Holding Company, Abington Community Bancorp, Inc., and Abington Bancorp, Inc., Jenkintown, PA; Approval of Conversion Application
Document Number: 07-2474
Type: Notice
Date: 2007-05-18
Agency: Department of the Treasury, Office of Thrift Supervision, Thrift Supervision Office, Department of Treasury
Submission for OMB Review; comment request-CRA Sunshine
Document Number: E7-9133
Type: Notice
Date: 2007-05-11
Agency: Department of the Treasury, Office of Thrift Supervision, Thrift Supervision Office, Department of Treasury
The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995. OTS is soliciting public comments on the proposal.
Prohibited Service at Savings and Loan Holding Companies
Document Number: E7-8677
Type: Rule
Date: 2007-05-08
Agency: Department of the Treasury, Office of Thrift Supervision, Thrift Supervision Office, Department of Treasury
OTS is adopting an interim final rule implementing section 710(a) of the Financial Services Regulatory Relief Act of 2006, which added a new section 19(e) to the Federal Deposit Insurance Act (FDIA). Section 19(e) of the FDIA prohibits any person who has been convicted of any criminal offense involving dishonesty or a breach of trust, or money laundering or has agreed to enter into a pretrial diversion or similar program in connection with a prosecution for such an offense from holding certain positions with respect to a savings and loan holding company (SLHC). The interim final rule describes the actions that are prohibited under the new statute and describes procedures for applying for an OTS order granting a case-by-case exemption. The rule also provides two regulatory exemptions: An exemption for certain SLHC employees whose activities and responsibilities are limited solely to agriculture, forestry, retail merchandising, manufacturing, or public utilities operations, and a temporary exemption for certain persons who held positions with respect to a SLHC as of the date of enactment of section 19(e) of the FDIA.