Bankowość · 29.12.1994

Assessments; Forms, Instructions, and Reports

The Board of Directors (Board) of the Federal Deposit Insurance Corporation (FDIC) is amending its regulation on assessments to provide for the quarterly collection of insurance premiums by means of FDIC-originated direct debits through the Automated Clearing House (ACH) network, based on invoices prepared by the FDIC using data reported by insured institutions in their quarterly reports of condition. The intended purpose of the amendments is to provide for a more efficient collection process, to the benefit of the deposit insurance funds and insured institutions, and to reduce the regulatory burden on insured institutions. The Board is further amending the assessments regulation to clarify the obligation of acquiring institutions to pay assessments on deposits assumed from institutions terminating their insured status; to delete from the assessments regulation the existing references to experience factors, which are not available for use after 1994; and to include such amendments to the FDIC's regulation on forms as are necessitated by the foregoing changes to the assessments regulation. With a few very limited exceptions, the amendments made by the final rule to the existing regu