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Bankowość i finanse · 29.10.1998

Management Official Interlocks

The National Credit Union Administration (NCUA) proposes to revise its rule regarding management interlocks. The proposal conforms the interlocks rule to recent statutory changes, and was drafted through a coordinated effort among the following other federal financial regulatory agencies; 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). The proposal also modernizes and clarifies the rule, and reduces unnecessary regulatory burdens where feasible, consistent with statutory requirements.

Source: Federal Register — National Credit Union AdministrationOpen original release →