Finance & markets · 13/02/2015
OCC, Board, and FDIC Review Regulations Under 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Reserve Board, and Federal Deposit Insurance Corporation (FDIC) are reviewing their issued regulations to identify outdated requirements for insured banks, as mandated by the Economic Growth and Regulatory Paperwork Reduction Act of 1996. The agencies are now seeking public input on outdated regulations in the areas of banking operations, capital, and the Community Reinvestment Act.