Bankowość · 21/07/2014

FDIC Adopts Final Rule to Rescind OTS Regulations Following Dissolution

The Federal Deposit Insurance Corporation (FDIC) is adopting a final rule to rescind and remove regulations transferred from the Office of Thrift Supervision (OTS) following its dissolution, in connection with the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The regulations were enforceable by or against the FDIC until modified, terminated, or superseded by applicable law or a court of competent jurisdiction.