Supplemental Financial Disclosure Requirements for Employees of the Federal Deposit Insurance Corporation

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The Federal Deposit Insurance Corporation, with the concurrence of the Office of Government Ethics (OGE), is removing an interim supplemental financial disclosure regulation for FDIC employees, that has supplemented the OGE executive branch wide financial disclosure regulation, 5 CFR part 2634. In light of the OGE determination that agencies that obtain written approval from OGE for supplemental financial disclosure forms are not required to have supplemental financial disclosure regulations, the FDIC has determined that its supplemental financial disclosure regulation is no longer needed. This is consistent with the goals of the FDIC's regulation review project on eliminating unnecessary regulations pursuant to Section 303 (a) of the Riegle Community Development and Regulatory Improvement Act of 1994. The substance of the eliminated regulation will be continued in the FDIC internal written procedure that existed before the part 3202 regulation was established.