Federal Deposit Insurance Corporation October 2008 – Federal Register Recent Federal Regulation Documents

Temporary Liquidity Guarantee Program
Document Number: E8-25739
Type: Rule
Date: 2008-10-29
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC is issuing this Interim Rule following a determination of systemic risk pursuant to section 13(c)(4)(G) of the Federal Deposit Insurance Act. As a result of this systemic risk determination, and in an effort to avoid or mitigate serious adverse effects on economic conditions or financial stability, the FDIC is establishing the Temporary Liquidity Guarantee Program. As further described in the Interim Rule, the Temporary Liquidity Guarantee Program has two primary components: the Debt Guarantee Program, by which the FDIC will guarantee the payment of certain newly- issued senior unsecured debt, and the Transaction Account Guarantee Program, by which the FDIC will guarantee certain noninterest-bearing transaction accounts.
Notice of Change in Subject Matter of Agency Meeting
Document Number: E8-25744
Type: Notice
Date: 2008-10-28
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Minimum Capital Ratios; Capital Adequacy Guidelines; Capital Maintenance; Capital: Treatment of Certain Claims on, or Guaranteed by, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac)
Document Number: E8-25555
Type: Proposed Rule
Date: 2008-10-27
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 September 7, 2008, the U.S. Department of Treasury (Treasury) entered into senior preferred stock purchase agreements (the Agreement or Agreements) with the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), which effectively provide protection to the holders of senior debt, subordinated debt, and mortgage-backed securities (MBS) issued or guaranteed by these entities. In light of the financial support provided under the Agreements, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) (collectively, the agencies) are proposing to adopt a 10 percent risk weight for claims on, and the portion of claims guaranteed by, Fannie Mae or Freddie Mac. The 10 percent risk weight would apply so long as an Agreement remains in effect with the respective entity.
Financial Education Programs That Include the Provision of Bank Products and Services; Limited Opportunity To Resubmit Comment
Document Number: E8-25377
Type: Rule
Date: 2008-10-24
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC invites the commenter who filed a public comment at www.regulations.gov on July 9, 2008, relating to the FDIC's Interim Final Rule and Request for Comment involving ``Financial Education Programs That Include the Provision of Bank Products and Services'' to resubmit to the FDIC his or her comment relating to this action. We are taking this action because due to a technical software error, a public comment submitted via www.regulations.gov was not transmitted to the FDIC. Therefore, the FDIC will provide this commenter with a limited opportunity to resubmit his or her comment to the FDIC on or before November 24, 2008.
Processing of Deposit Accounts in the Event of an Insured Depository Institution Failure and Large-Bank Deposit Insurance Determination Modernization; Limited Opportunity To Resubmit Comment
Document Number: E8-25376
Type: Proposed Rule
Date: 2008-10-24
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC invites the commenter who filed a public comment at http://www.regulations.gov on April 14, 2008, relating to the FDIC's Notice of Proposed Rulemaking involving ``Processing of Deposit Accounts in the Event of an Insured Depository Institution Failure and Large-Bank Deposit Insurance Determination Modernization'' to resubmit to the FDIC his or her comment relating to this action. We are taking this action because due to a technical software error, a public comment submitted via http://www.regulations.gov was not transmitted to the FDIC. Therefore, the FDIC will provide this commenter with a limited opportunity to resubmit his or her comment to the FDIC on or before November 24, 2008.
Notice of Agency Meeting
Document Number: E8-25099
Type: Notice
Date: 2008-10-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Agency Meeting
Document Number: E8-25098
Type: Notice
Date: 2008-10-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Agency Information Collection Activities: Proposed Collection; Comment Request
Document Number: E8-24951
Type: Notice
Date: 2008-10-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments concerning the following collection of information titled: Notification of Changes of Insured Status (3064-0124).
Notice of Agency Meeting
Document Number: E8-24879
Type: Notice
Date: 2008-10-20
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Change in Subject Matter of Agency Meeting
Document Number: E8-24757
Type: Notice
Date: 2008-10-17
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Agency Meeting
Document Number: E8-24725
Type: Notice
Date: 2008-10-17
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Deposit Insurance Regulations; Temporary Increase in Standard Coverage Amount; Mortgage Servicing Accounts
Document Number: E8-24626
Type: Rule
Date: 2008-10-17
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC is adopting an interim rule to amend its deposit insurance regulations to reflect Congress's recent action to temporarily increase the standard deposit insurance amount from $100,000 to $250,000 and to simplify the deposit insurance rules for funds maintained in mortgage servicing accounts. The FDIC's main goals in revising its insurance rule on mortgage servicing accounts are to simplify a rule that has become increasingly complex in application due to developments in securitizations and to provide additional certainty with respect to the deposit insurance coverage of these accounts at a time of turmoil in the housing and financial markets. The FDIC believes this regulatory change will help improve public confidence in the banking system.
Assessments
Document Number: E8-24186
Type: Proposed Rule
Date: 2008-10-16
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The FDIC is proposing to amend 12 CFR part 327 to: Alter the way in which it differentiates for risk in the risk-based assessment system; revise deposit insurance assessment rates, including base assessment rates; and make technical and other changes to the rules governing the risk-based assessment system.
Federal Deposit Insurance Corporation Restoration Plan
Document Number: E8-24185
Type: Notice
Date: 2008-10-16
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of a Matter To Be Added to the Agenda for Consideration at an Agency Meeting
Document Number: E8-23801
Type: Notice
Date: 2008-10-08
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Agency Information Collection Activities: Submission for OMB Review; Comment Request
Document Number: E8-23495
Type: Notice
Date: 2008-10-06
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with requirements of the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35), the FDIC hereby gives notice that it plans to submit to the Office of Management and Budget (OMB) a request for OMB review and renewal the collections of information described below:
Notice of Agency Meeting
Document Number: E8-23494
Type: Notice
Date: 2008-10-03
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Agency Meeting
Document Number: E8-23493
Type: Notice
Date: 2008-10-03
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Agency Meeting
Document Number: E8-23402
Type: Notice
Date: 2008-10-03
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Agency Meeting
Document Number: E8-23401
Type: Notice
Date: 2008-10-03
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
Notice of Agency Meeting
Document Number: E8-23275
Type: Notice
Date: 2008-10-02
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions