Finance & markets · 14/01/2008
FDIC Amends Regulations to Conform to Recent Federal Statutes, Clarifies Deposit Insurance Requirements
The FDIC is updating its regulations to align with the Financial Services Regulatory Relief Act of 2006, the Federal Deposit Insurance Reform Act of 2005, and the Federal Deposit Insurance Reform Conforming Amendments Act of 2005, introducing new requirements for deposit insurance applications, corporate reorganization, and change in control notices, as well as expanding disclosure of supervisory information.