Activities of Insured State Banks and Insured Savings Associations

Riepilogo

As part of the FDIC's systematic review of its regulations and written policies under section 303(a) of the Riegle Community Development and Regulatory Improvement Act of 1994 (CDRI), the FDIC is seeking public comment on its proposal to revise and consolidate its rules and regulations governing activities and investments of insured state banks and insured savings associations. The FDIC proposes to combine its regulations governing the activities and investments of insured state banks with those governing insured savings associations. In addition, the proposal updates the FDIC's regulations governing the safety and soundness of securities activities of subsidiaries and affiliates of insured state nonmember banks. The FDIC's proposal modernizes this group of regulations and harmonizes the provisions governing activities that are not permissible for national banks with those governing the securities activities of state nonmember banks. The proposed regulation will make a number of substantive changes and will revise the regulations by deleting obsolete provisions, rewriting the regulatory text to make it more readable, conforming the treatment of state banks and savings associations