Finance & markets · 16/06/2003

Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision Announce Review of Regulations to Reduce Burden on Insured Depository Institutions

The OCC, FDIC, and OTS are reviewing their regulations to reduce the burden on insured depository institutions, as required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996. They are publishing 12 categories of regulations for review, with the first three categories, including Applications and Reporting, Powers and Activities, and International Operations, available for public comment.