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Bankowość · 03/02/2005

Federal Agencies Request Comments on Burden Reduction in Financial Regulations

The Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) are reviewing their regulations to identify outdated or unnecessary requirements, as mandated by the Economic Growth and Regulatory Paperwork Reduction Act of 1996. They invite public comments on ways to reduce regulatory burdens, particularly in areas related to money laundering, safety and soundness, and securities.

Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →