Federal Deposit Insurance Corporation October 15, 2012 – Federal Register Recent Federal Regulation Documents

Annual Stress Test
Document Number: 2012-25194
Type: Rule
Date: 2012-10-15
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
The Federal Deposit Insurance Corporation (the ``Corporation'' or ``FDIC'') is issuing a final rule that implements the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ``Dodd-Frank Act'') regarding stress tests (``final rule''). The Dodd- Frank Act requires the Corporation to issue regulations that require FDIC-insured state nonmember banks and FDIC-insured state-chartered savings associations with total consolidated assets of more than $10 billion to conduct annual stress tests, report the results of such stress tests to the Corporation and the Board of Governors of the Federal Reserve System (``Board''), and publish a summary of the results of the stress tests. The final rule requires large covered banks to conduct annual stress tests beginning on the effective date of this final rule. The Corporation, however, will delay implementation of the annual stress test requirements under the final rule for institutions with total consolidated assets of more than $10 billion but less than $50 billion until September 30, 2013. The final rule requirement for public disclosure of a summary of the stress testing results for these institutions will be implemented starting with the 2014 stress test, with the disclosure occurring during the period starting June 15 and ending June 30 of 2015.
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Suspicious Activity Report
Document Number: 2012-25151
Type: Notice
Date: 2012-10-15
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
In accordance with requirements of the Paperwork Reduction Act of 1995 (``PRA''), 44 U.S.C. 3501 et seq., the FDIC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. 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 the renewal of an existing information collection, as required by the PRA. On August 10, 2012 (77 FR 47840), the FDIC solicited public comment for a 60-day period on renewal of the following information collections: Suspicious Activity Report (OMB No. 3064-0077). No comments were received. Therefore, the FDIC hereby gives notice of submission of its request for renewal to OMB for review.
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