Finance & markets · 05/06/2015

Regulatory Review and Public Comment Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996

The Office of the Comptroller of the Currency (OCC), Federal Reserve Board, and Federal Deposit Insurance Corporation (FDIC) are conducting a review of their issued regulations to identify outdated requirements for insured depository institutions, as mandated by the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). The agencies are seeking public comment on regulations in categories such as Consumer Protection, Directors, Officers, and Employees, and Money Laundering, and will also consider newly issued rules.