Finanse publiczne · 30/12/1997
Fiduciary Powers; Community Reinvestment Act
The Office of Thrift Supervision is issuing a final rule revising its fiduciary powers regulation to update, clarify, and streamline OTS regulations, incorporating significant interpretive guidance and eliminating unnecessary regulatory burden. The rule also amends the Community Reinvestment Act regulations to conform to other Federal banking agencies' regulations, exempting certain savings associations that do not perform commercial or retail banking services.