Bankowość · 7.02.1995
Management Official Interlocks
The FDIC is withdrawing a proposed amendment to its regulations that implement the Depository Institution Management Interlocks Act. The proposal would have created limited exemptions to the prohibition on management official interlocks for depository institutions that control only a small percentage of the total deposits in the community or relevant metropolitan statistical area in which the institutions are located. Recent statutory changes have limited the FDIC's authority to create such exemptions by regulation.