{"description":"Documents matching 'brokered deposits withdrawal' and from Federal Deposit Insurance Corporation","count":79,"total_pages":4,"next_page_url":"https://www.federalregister.gov/api/v1/documents?conditions%5Bagencies%5D%5B%5D=federal-deposit-insurance-corporation&conditions%5Bterm%5D=brokered+deposits+withdrawal&format=json&page=2","results":[{"title":"Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions; Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions With Total Consolidated Assets of $10 Billion or More; Regulations Implementing the Change in Bank Control Act; Withdrawal","type":"Proposed Rule","abstract":"The Federal Deposit Insurance Corporation (FDIC) is withdrawing notices of proposed rulemaking relating to brokered deposit restrictions, corporate governance and risk management, and the Change in Bank Control Act. If the FDIC decides to pursue future regulatory action in any of these areas, it will issue a new proposed rule.","document_number":"2025-04088","html_url":"https://www.federalregister.gov/documents/2025/03/14/2025-04088/unsafe-and-unsound-banking-practices-brokered-deposits-restrictions-guidelines-establishing","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-03-14/pdf/2025-04088.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-04088.pdf?1741869912","publication_date":"2025-03-14","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"proposals. If the FDIC decides to pursue future regulatory action in any of these areas, it will issue a new proposed rule. \n <span class=\"match\">Brokered</span> <span class=\"match\">Deposits</span> Proposal \n \n On August 23, 2024, the FDIC published a proposed rule that would have significantly revised its regulations related to <span class=\"match\">brokered</span> <span class=\"match\">deposits</span>.\n 1 \n \n Revamping the <span class=\"match\">brokered</span> <span class=\"match\">deposit</span> rule would be a major undertaking that would significantly disrupt many aspects of the <span class=\"match\">deposit</span> landscape. Among other issues, the proposal would have adopted a narrow interpretation of the primary purpose exception inconsistent"},{"title":"Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions","type":"Proposed Rule","abstract":"The Federal Deposit Insurance Corporation (FDIC) is inviting comment on proposed revisions to its regulations relating to the brokered deposits restrictions that apply to less than well-capitalized insured depository institutions. The proposed rule would revise the \"deposit broker\" definition and would amend the analysis of the \"primary purpose\" exception to the \"deposit broker\" definition. The proposed rule would also amend two of the designated business relationships under the primary purpose exception and make changes to the notice and application process for the primary purpose exception. In addition, the proposed rule would clarify when an insured depository institution can regain status as an \"agent institution\" under the limited exception for a capped amount of reciprocal deposits.","document_number":"2024-18214","html_url":"https://www.federalregister.gov/documents/2024/08/23/2024-18214/unsafe-and-unsound-banking-practices-brokered-deposits-restrictions","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-08-23/pdf/2024-18214.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-18214.pdf?1724330714","publication_date":"2024-08-23","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"2011 Study on Core <span class=\"match\">Deposits</span> and <span class=\"match\">Brokered</span> <span class=\"match\">Deposits</span> with data through the end of 2017. \n See id. \n at 2384-2400 (appendix 2).\n \n \n \n On December 15, 2020, the FDIC Board adopted a final rule that established a new framework for analyzing whether certain <span class=\"match\">deposit</span> arrangements qualify as <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> (the 2020 Final Rule).\n 6 \n \n After the 2020 Final Rule took effect, the FDIC initially observed a significant decline in reported <span class=\"match\">brokered</span> <span class=\"match\">deposits</span>. IDIs reported a nearly $350 billion, or 31.8 percent, decline in <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> between the first"},{"title":"Request for Information on Deposits","type":"Notice","abstract":"The Federal Deposit Insurance Corporation (FDIC) is soliciting comments from interested parties on deposit data that is not currently reported in the Federal Financial Institutions Examination Council's (FFIEC) Consolidated Reports of Condition and Income (Call Report) or other regulatory reports, including for uninsured deposits. The FDIC seeks information on the characteristics that affect the stability and franchise value of different types of deposits and whether more detailed or more frequent reporting on these characteristics or types of deposits could enhance offsite risk and liquidity monitoring, inform analysis of the benefits and costs associated with additional deposit insurance coverage for certain types of deposits, improve risk sensitivity in deposit insurance pricing, and provide analysts and the general public with accurate and transparent data.","document_number":"2024-17298","html_url":"https://www.federalregister.gov/documents/2024/08/06/2024-17298/request-for-information-on-deposits","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-08-06/pdf/2024-17298.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-17298.pdf?1722861924","publication_date":"2024-08-06","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"associated <span class=\"match\">deposits</span>. \n Given these observations and recommendations, the FDIC is seeking information on <span class=\"match\">deposits</span>, including how banks measure or evaluate the stability of different types of <span class=\"match\">deposits</span> and whether and how banks monitor collateralized or secured <span class=\"match\">deposits</span>, or intercompany <span class=\"match\">deposits</span>, such as <span class=\"match\">deposits</span> with affiliates and subsidiaries. \n B. Options for <span class=\"match\">Deposit</span> Insurance Reform \n \n Additional <span class=\"match\">deposit</span> data also would inform analysis of the benefits and costs associated with additional <span class=\"match\">deposit</span> insurance coverage for certain types of <span class=\"match\">deposits</span>. In May"},{"title":"Recordkeeping for Custodial Accounts","type":"Proposed Rule","abstract":"The Federal Deposit Insurance Corporation (FDIC) is proposing requirements that would strengthen FDIC-insured depository institutions' (IDI) recordkeeping for custodial deposit accounts with transactional features and preserve beneficial owners' and depositors' entitlement to the protections afforded by Federal deposit insurance. The proposal is intended to promote the FDIC's ability to promptly make deposit insurance determinations and, if necessary, pay deposit insurance claims \"as soon as possible\" in the event of the failure of an IDI holding custodial accounts with transactional features. The proposed requirements also are expected to result in depositor and consumer protection benefits, such as promoting timely access by consumers to their funds, even in the absence of the failure of an IDI. The requirements described in this document would only apply to IDIs offering custodial accounts with transactional features and that are not specifically exempted as provided in this document.","document_number":"2024-22565","html_url":"https://www.federalregister.gov/documents/2024/10/02/2024-22565/recordkeeping-for-custodial-accounts","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-10-02/pdf/2024-22565.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-22565.pdf?1727786728","publication_date":"2024-10-02","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"currently $250,000 for <span class=\"match\">deposits</span> held in each <span class=\"match\">deposit</span> ownership category. If the pass-through insurance requirements are not satisfied, the <span class=\"match\">deposit</span> is insured to the person named on the IDI's records and aggregated with any other <span class=\"match\">deposits</span> that person holds at the same IDI in the same ownership category. The FDIC makes determinations with respect to pass-through <span class=\"match\">deposit</span> insurance coverage at the time an IDI fails.\n 5 \n \n \n \n \n 4 \n  The FDIC is statutorily required to aggregate, for purposes of the <span class=\"match\">deposit</span> insurance limit, <span class=\"match\">deposits</span> maintained by a depositor"},{"title":"Regulatory Capital Rules: Regulatory Capital and Standardized Approach for Risk-Weighted Assets","type":"Proposed Rule","abstract":"The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are proposing to modify certain aspects of the regulatory capital rule (the proposal). The proposal would revise the risk-based capital treatment of certain exposure categories under the standardized approach, focusing on improving the calibration and risk sensitivity of risk weights that are particularly material to covered banking organizations' lending activities. The proposal would also modify the definition of regulatory capital by removing the threshold- based deduction for mortgage servicing assets for all banking organizations subject to the regulatory capital rule, including banking organizations subject to the community bank leverage ratio framework. In addition, the proposal would require Category III and IV banking organizations to recognize most elements of accumulated other comprehensive income in their regulatory capital. The agencies are concurrently publishing a separate proposal, which would require Category I and II banking organizations to use a new framework to calculate risk-weighted assets, called the expanded risk-based approach and would allow other banking organizations to elect to use the expanded risk-based approach.","document_number":"2026-05960","html_url":"https://www.federalregister.gov/documents/2026/03/27/2026-05960/regulatory-capital-rules-regulatory-capital-and-standardized-approach-for-risk-weighted-assets","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-27/pdf/2026-05960.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-05960.pdf?1774529110","publication_date":"2026-03-27","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"requirements or early <span class=\"match\">withdrawal</span> fees or penalties. For example, if an obligor is subject to a loan covenant requiring the obligor to maintain a certain <span class=\"match\">deposit</span> balance at the covered banking organization until the maturity of the loan, the residual maturity of the cash on <span class=\"match\">deposit</span> would be the remaining maturity of the loan. Any amount of a <span class=\"match\">deposit</span> balance that an obligor is contractually permitted to withdraw, however, would have a residual maturity of the earliest date on which the <span class=\"match\">deposit</span> may be withdrawn. If an obligor may withdraw a <span class=\"match\">deposit</span> at any time"},{"title":"Regulatory Capital Rule: Category I and II Banking Organizations, Banking Organizations With Significant Trading Activity, and Optional Adoption for Other Banking Organizations","type":"Proposed Rule","abstract":"The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are proposing to modernize the capital requirements applicable to Category I and II depository institution holding companies and depository institutions, as well as revise the market risk capital framework for banking organizations with significant trading activity (the proposal). The proposal would improve the regulatory capital framework for covered banking organizations by enhancing its risk sensitivity and consistency and by simplifying core components of its design. The agencies expect the proposal would support the safety and soundness of covered banking organizations and U.S. financial stability while promoting lending and other financial intermediation activities in the banking system over a range of economic conditions.","document_number":"2026-05959","html_url":"https://www.federalregister.gov/documents/2026/03/27/2026-05959/regulatory-capital-rule-category-i-and-ii-banking-organizations-banking-organizations-with","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-03-27/pdf/2026-05959.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-05959.pdf?1774529111","publication_date":"2026-03-27","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"requirements or early <span class=\"match\">withdrawal</span> fees or penalties. For example, if an obligor is subject to a loan covenant requiring the obligor to maintain a certain <span class=\"match\">deposit</span> balance at the banking organization until the maturity of the loan, the residual maturity of the cash on <span class=\"match\">deposit</span> would be the remaining maturity of the loan. Any amount of a <span class=\"match\">deposit</span> balance that an obligor is contractually permitted to withdraw, however, would have a residual maturity of the earliest date on which the <span class=\"match\">deposit</span> may be withdrawn. If an obligor may withdraw a <span class=\"match\">deposit</span> at any time, including"},{"title":"Request for Information on Bank-Fintech Arrangements Involving Banking Products and Services Distributed to Consumers and Businesses","type":"Notice","abstract":"Over the past several years, the Office of the Comptroller of the Currency (OCC), Treasury; the Board of Governors of the Federal Reserve System (Board); and the Federal Deposit Insurance Corporation (FDIC) (collectively, \"the agencies\" or \"agency\" when referencing the singular) have observed and reviewed arrangements between banks and financial technology (fintech) companies. The agencies support responsible innovation and banks pursuing bank-fintech arrangements in a manner consistent with safe and sound banking practices, and with applicable laws and regulations, including consumer protection requirements and those addressing financial crimes. Bank-fintech arrangements can provide benefits; however, supervisory experience has highlighted a range of potential risks with these bank-fintech arrangements. This request solicits input on the nature of bank-fintech arrangements, effective risk management practices regarding bank- fintech arrangements, and the implications of such arrangements, including whether enhancements to existing supervisory guidance may be helpful in addressing risks associated with these arrangements.","document_number":"2024-16838","html_url":"https://www.federalregister.gov/documents/2024/07/31/2024-16838/request-for-information-on-bank-fintech-arrangements-involving-banking-products-and-services","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-07-31/pdf/2024-16838.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-16838.pdf?1722343529","publication_date":"2024-07-31","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"may also experience increased liquidity stress should it need to meet material short-term <span class=\"match\">withdrawal</span> requests. Rapid <span class=\"match\">deposit</span> or asset growth also implicates various other risks, including those relating to maintaining sufficient capital to support expansion of the bank's business.\n 18 \n \n \n \n \n 18 \n  Additionally, to the extent that a fintech company meets the definition of a <span class=\"match\">deposit</span> <span class=\"match\">broker</span> under 12 CFR 337.6, any related <span class=\"match\">deposits</span> would be <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> subject to applicable restrictions if the bank becomes less than well capitalized under the"},{"title":"Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996","type":"Proposed Rule","abstract":"Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA), the OCC, Board, and FDIC (collectively, the agencies) are reviewing agency regulations to identify outdated or otherwise unnecessary regulatory requirements on insured depository institutions and their holding companies. Over approximately two years, the agencies will publish four Federal Register documents requesting comment on multiple categories of regulations. This third Federal Register document requests comment on regulations in the categories of Rules of Procedure; Safety and Soundness; and Securities.","document_number":"2024-28939","html_url":"https://www.federalregister.gov/documents/2024/12/11/2024-28939/regulatory-publication-and-review-under-the-economic-growth-and-regulatory-paperwork-reduction-act","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-12-11/pdf/2024-28939.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-28939.pdf?1733838317","publication_date":"2024-12-11","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"Reciprocal <span class=\"match\">Deposits</span> from Treatment as <span class=\"match\">Brokered</span> <span class=\"match\">Deposits</span>: \n In 2019, the FDIC amended its regulations on <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> and interest rate restrictions to conform with changes to section 29 of the Federal <span class=\"match\">Deposit</span> Insurance Act made by section 202 of the EGRRCPA related to reciprocal <span class=\"match\">deposits</span>. The FDIC also made conforming amendments to the FDIC's regulations governing <span class=\"match\">deposit</span> insurance assessments.\n 60 \n \n \n \n \n 60 \n  84 FR 1346 (Feb. 4, 2019); 84 FR 15095 (April 15, 2019).\n \n \n \n • \n Unsafe and Unsound Banking Practices Relating to <span class=\"match\">Brokered</span> Deposits"},{"title":"Long-Term Debt Requirements for Large Bank Holding Companies, Certain Intermediate Holding Companies of Foreign Banking Organizations, and Large Insured Depository Institutions","type":"Proposed Rule","abstract":"The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are issuing a proposed rule for comment that would require certain large depository institution holding companies, U.S. intermediate holding companies of foreign banking organizations, and certain insured depository institutions, to issue and maintain outstanding a minimum amount of long-term debt. The proposed rule would improve the resolvability of these banking organizations in case of failure, may reduce costs to the Deposit Insurance Fund, and mitigate financial stability and contagion risks by reducing the risk of loss to uninsured depositors.","document_number":"2023-19265","html_url":"https://www.federalregister.gov/documents/2023/09/19/2023-19265/long-term-debt-requirements-for-large-bank-holding-companies-certain-intermediate-holding-companies","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-09-19/pdf/2023-19265.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-19265.pdf?1695041117","publication_date":"2023-09-19","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"other factors, such as the level of uninsured <span class=\"match\">deposits</span> at their IDI subsidiaries? If so, how should the Board differentiate between different types of uninsured <span class=\"match\">deposits</span> (e.g., what features of one type of uninsured <span class=\"match\">deposits</span> make such <span class=\"match\">deposits</span> more stable than other types of uninsured <span class=\"match\">deposits</span>), if at all, and at what level of uninsured <span class=\"match\">deposits</span> should the Board increase or decrease calibration for the LTD requirement? What other differentiated consideration or treatment should be afforded uninsured <span class=\"match\">deposits</span> with these characteristics? \n \n \n Question"},{"title":"Rules of Practice and Procedure","type":"Rule","abstract":"The Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) (collectively, the Agencies) are adopting final changes to the Uniform Rules of Practice and Procedure (Uniform Rules) to recognize the use of electronic communications in all aspects of administrative hearings and to otherwise increase the efficiency and fairness of administrative adjudications. The OCC, Board, and FDIC are also modifying their agency-specific rules of administrative practice and procedure (Local Rules). The OCC also is integrating its Uniform Rules and Local Rules so that one set of rules applies to both national banks and Federal savings associations and amending its rules on organization and functions to address service of process.","document_number":"2023-25646","html_url":"https://www.federalregister.gov/documents/2023/12/28/2023-25646/rules-of-practice-and-procedure","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-12-28/pdf/2023-25646.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-25646.pdf?1703684718","publication_date":"2023-12-28","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"},{"raw_name":"NATIONAL CREDIT UNION ADMINISTRATION","name":"National Credit Union Administration","id":335,"url":"https://www.federalregister.gov/agencies/national-credit-union-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/335","parent_id":null,"slug":"national-credit-union-administration"}],"excerpts":"an inferior officer of the Federal <span class=\"match\">Deposit</span> Insurance Corporation, duly appointed by the Board of Directors of the Federal <span class=\"match\">Deposit</span> Insurance Corporation to serve as the Board's designee to hear certain motions or requests in an adjudicatory proceeding upon the designation or unavailability of the Administrative Officer.\n \n \n Board of Directors \n or \n Board \n means the Board of Directors of the Federal <span class=\"match\">Deposit</span> Insurance Corporation or its designee.\n \n \n Decisional employee \n means any member of the Federal <span class=\"match\">Deposit</span> Insurance Corporation's or administrative"},{"title":"Resolution Plans Required for Insured Depository Institutions With $100 Billion or More in Total Assets; Informational Filings Required for Insured Depository Institutions With at Least $50 Billion but Less Than $100 Billion in Total Assets","type":"Rule","abstract":"The FDIC is adopting this final rule to require the submission of resolution plans by insured depository institutions (IDIs) with $100 billion or more in total assets and informational filings by IDIs with at least $50 billion but less than $100 billion in total assets. The final rule modifies the current rule requirements regarding the content and timing of full resolution submissions, as well as interim supplements to those submissions provided to the FDIC, in order to support the FDIC's resolution readiness in the event of material distress and failure of these large IDIs. The final rule also enhances how the credibility of full resolution submissions will be assessed, expands expectations regarding engagement and capabilities testing, and explains expectations regarding the FDIC's review, feedback, and enforcement of IDIs' compliance with the rule.","document_number":"2024-13982","html_url":"https://www.federalregister.gov/documents/2024/07/09/2024-13982/resolution-plans-required-for-insured-depository-institutions-with-100-billion-or-more-in-total","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-07-09/pdf/2024-13982.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-13982.pdf?1720442715","publication_date":"2024-07-09","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"barriers or obstacles.\n \n \n (7) \n Overall <span class=\"match\">deposit</span> activities. \n A full resolution submission must:\n \n (i) Describe the CIDI's overall <span class=\"match\">deposit</span> activities, including, insured and uninsured <span class=\"match\">deposits</span>, and particular <span class=\"match\">deposit</span> concentrations or other aspects of the <span class=\"match\">deposit</span> base or underlying systems that may create operational complexity for the FDIC. Describe how any types or groups of <span class=\"match\">deposits</span> are related to a core business line, business segment, or franchise component, and if so, how those types or groups of <span class=\"match\">deposits</span> are identified on the records or systems"},{"title":"Request for Comment on Proposed Statement of Policy on Bank Merger Transactions","type":"Proposed Rule","abstract":"The FDIC invites comments on a proposed Statement of Policy (SOP) on Bank Merger Transactions (Proposed SOP) that is relevant to all insured depository institutions (IDIs). The Proposed SOP would replace the FDIC's current SOP on Bank Merger Transactions (Current SOP) and proposes a principles-based overview that describes the FDIC's administration of its responsibilities under the Bank Merger Act (BMA). The Proposed SOP focuses on the scope of transactions subject to FDIC approval, the FDIC's process for evaluating merger applications, and the principles that guide the FDIC's consideration of the applicable statutory factors as set forth in the BMA. The Supplementary Information section below contains explanatory content, including historical data, to provide additional context for the Proposed SOP.","document_number":"2024-08020","html_url":"https://www.federalregister.gov/documents/2024/04/19/2024-08020/request-for-comment-on-proposed-statement-of-policy-on-bank-merger-transactions","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-04-19/pdf/2024-08020.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-08020.pdf?1713444334","publication_date":"2024-04-19","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"primarily intangible in nature? \n Assumptions of <span class=\"match\">Deposits</span> by IDIs From Non-Insured Entities \n \n Section 18(c)(1)(B) of the BMA prohibits an IDI from assuming liability to pay any <span class=\"match\">deposits</span> made in, or similar liabilities of, any non-insured bank or entity.\n 17 \n \n The scope of this provision depends on the meaning of <span class=\"match\">deposit</span> (or other similar liability) and on the interpretation of what constitutes an IDI's assumption of such a <span class=\"match\">deposit</span> (or other similar liability). Section 3(\n l \n ) of the FDI Act defines “<span class=\"match\">deposit</span>” broadly. In addition to the definition generally"},{"title":"Resolution Plans Required for Insured Depository Institutions With $100 Billion or More in Total Assets; Informational Filings Required for Insured Depository Institutions With at Least $50 Billion But Less Than $100 Billion in Total Assets","type":"Proposed Rule","abstract":"The FDIC is seeking comment on a proposal to revise its current rule that requires the submission of resolution plans by insured depository institutions (IDIs) with $50 billion or more in total assets. The proposal would modify the current rule by revising the requirements regarding the content and timing of resolution submissions as well as interim supplements to those submissions provided to the FDIC by IDIs with $50 billion or more in total assets in order to support the FDIC's resolution readiness in the event of material distress and failure of these large IDIs. IDIs with $100 billion or more in total assets will submit full resolution plans, while IDIs with total assets between $50 and $100 billion will submit informational filings. The proposed rule would also enhance how the credibility of resolution submissions will be assessed, expand expectations regarding engagement and capabilities testing, and explain expectations regarding the FDIC's review and enforcement of IDIs' compliance with the rule.","document_number":"2023-19266","html_url":"https://www.federalregister.gov/documents/2023/09/19/2023-19266/resolution-plans-required-for-insured-depository-institutions-with-100-billion-or-more-in-total","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-09-19/pdf/2023-19266.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-19266.pdf?1695041117","publication_date":"2023-09-19","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"responses necessary to eliminate or minimize such barriers or obstacles.\n \n \n (7) \n Overall <span class=\"match\">deposit</span> activities. \n A resolution submission must:\n \n (i) Describe the CIDI's overall <span class=\"match\">deposit</span> activities including, among other things, insured and uninsured <span class=\"match\">deposits</span>, commercial <span class=\"match\">deposits</span> by business line, and unique aspects of the <span class=\"match\">deposit</span> base or underlying systems that may create operational complexity for the FDIC. Describe whether any types or groups of <span class=\"match\">deposits</span> are related to particular core business lines and franchise components, and if so, how they"},{"title":"Simplification of Deposit Insurance Rules","type":"Rule","abstract":"The Federal Deposit Insurance Corporation is amending its regulations governing deposit insurance coverage. The amendments simplify the deposit insurance regulations by establishing a \"trust accounts\" category that governs coverage of deposits of both revocable trusts and irrevocable trusts using a common calculation, and provide consistent deposit insurance treatment for all mortgage servicing account balances held to satisfy principal and interest obligations to a lender.","document_number":"2022-01607","html_url":"https://www.federalregister.gov/documents/2022/01/28/2022-01607/simplification-of-deposit-insurance-rules","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2022-01-28/pdf/2022-01607.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2022-01607.pdf?1643291116","publication_date":"2022-01-28","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"automate <span class=\"match\">deposit</span> insurance determinations, thereby reducing potential delays in the completion of <span class=\"match\">deposit</span> insurance determinations and payments. Timely payment of <span class=\"match\">deposit</span> insurance also helps to avoid reductions in the franchise value of failed IDIs, expanding resolution options and mitigating losses. \n Effects on the <span class=\"match\">Deposit</span> Insurance Fund \n The FDIC is also mindful of the effect that changes to the <span class=\"match\">deposit</span> insurance regulations have on <span class=\"match\">deposit</span> insurance coverage and generally on the <span class=\"match\">Deposit</span> Insurance Fund (DIF), which is used to pay <span class=\"match\">deposit</span> insurance"},{"title":"Simplification of Deposit Insurance Rules","type":"Proposed Rule","abstract":"The Federal Deposit Insurance Corporation is seeking comment on proposed amendments to its regulations governing deposit insurance coverage. The proposed rule would simplify the deposit insurance regulations by establishing a \"trust accounts\" category that would provide for coverage of deposits of both revocable trusts and irrevocable trusts, and provide consistent deposit insurance treatment for all mortgage servicing account balances held to satisfy principal and interest obligations to a lender.","document_number":"2021-15732","html_url":"https://www.federalregister.gov/documents/2021/08/03/2021-15732/simplification-of-deposit-insurance-rules","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2021-08-03/pdf/2021-15732.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2021-15732.pdf?1627908317","publication_date":"2021-08-03","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"flexibility to automate <span class=\"match\">deposit</span> insurance determinations, thereby reducing potential delays in the completion of <span class=\"match\">deposit</span> insurance determinations and payments. Timely payment of <span class=\"match\">deposit</span> insurance also helps to avoid reductions in the franchise value of failed IDIs, expanding resolution options and mitigating losses. \n Effects on the <span class=\"match\">Deposit</span> Insurance Fund \n The FDIC is also mindful of the effect that the proposed changes to the <span class=\"match\">deposit</span> insurance regulations could have on <span class=\"match\">deposit</span> insurance coverage and generally on the <span class=\"match\">Deposit</span> Insurance Fund (DIF),"},{"title":"Rules of Practice and Procedure","type":"Proposed Rule","abstract":"The Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) (collectively, the Agencies) are proposing changes to the Uniform Rules of Practice and Procedure (Uniform Rules) to recognize the use of electronic communications in all aspects of administrative hearings and to otherwise increase the efficiency and fairness of administrative adjudications. The OCC, Board, and FDIC are also proposing to modify their agency-specific rules of administrative practice and procedure (Local Rules). The OCC also proposes to integrate its Uniform Rules and Local Rules so that one set of rules applies to both national banks and Federal savings associations and to amend its rules on organization and functions to address service of process.","document_number":"2022-04454","html_url":"https://www.federalregister.gov/documents/2022/04/13/2022-04454/rules-of-practice-and-procedure","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2022-04-13/pdf/2022-04454.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2022-04454.pdf?1649767535","publication_date":"2022-04-13","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"},{"raw_name":"NATIONAL CREDIT UNION ADMINISTRATION","name":"National Credit Union Administration","id":335,"url":"https://www.federalregister.gov/agencies/national-credit-union-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/335","parent_id":null,"slug":"national-credit-union-administration"}],"excerpts":"securities <span class=\"match\">brokers</span>, government securities dealers, or persons associated with or seeking to become associated with these institutions.\n 11 \n \n The proposal would apply this section to Federal savings associations by defining “bank” to mean a national bank or Federal savings association, and, when referring to a government securities <span class=\"match\">broker</span> or government securities dealer, a Federal branch or agency of a foreign bank. In addition, the proposed rule would define “transfer agent,” “municipal securities dealer,” “government securities <span class=\"match\">broker</span>,” “government"},{"title":"Proposed Agency Information Collection Activities; Comment Request","type":"Notice","abstract":"In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the agencies) may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies' publication for public comment of a proposal to revise and extend the Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031, FFIEC 041, and FFIEC 051), which are currently approved collections of information. The FFIEC has also approved the Board's publication for public comment, on behalf of the agencies, of a proposal to revise and extend the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002) and the Report of Assets and Liabilities of a Non- U.S. Branch that is Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank (FFIEC 002S), which also are currently approved collections of information. The agencies are requesting comment on revisions to the reporting forms and instructions for the Call Reports and the FFIEC 002 related to the exclusion of sweep deposits and certain other deposits from reporting as brokered deposits, as indicated by the agencies in the Net Stable Funding Ratio (NSFR) final rule and by the FDIC in its Final Rule on Brokered Deposits and Interest Rate Restrictions (brokered deposits final rule), respectively. In addition, the agencies are proposing revisions to the Call Report and FFIEC 002 instructions addressing brokered deposits to align them with the brokered deposits final rule. The changes to the Call Reports and the FFIEC 002 are proposed to take effect as of the June 30, 2021, report date.","document_number":"2021-02375","html_url":"https://www.federalregister.gov/documents/2021/02/05/2021-02375/proposed-agency-information-collection-activities-comment-request","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2021-02-05/pdf/2021-02375.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2021-02375.pdf?1612446319","publication_date":"2021-02-05","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"and the FFIEC 002 related to the exclusion of sweep <span class=\"match\">deposits</span> and certain other <span class=\"match\">deposits</span> from reporting as <span class=\"match\">brokered</span> <span class=\"match\">deposits</span>, as indicated by the agencies in the Net Stable Funding Ratio (NSFR) final rule and by the FDIC in its Final Rule on <span class=\"match\">Brokered</span> <span class=\"match\">Deposits</span> and Interest Rate Restrictions (<span class=\"match\">brokered</span> <span class=\"match\">deposits</span> final rule), respectively. In addition, the agencies are proposing revisions to the Call Report and FFIEC 002 instructions addressing <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> to align them with the <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> final rule. The changes to the Call Reports and the"},{"title":"Net Stable Funding Ratio: Liquidity Risk Measurement Standards and Disclosure Requirements","type":"Rule","abstract":"The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) (collectively, the agencies) are adopting a final rule that implements a stable funding requirement, known as the net stable funding ratio (NSFR), for certain large banking organizations. The final rule establishes a quantitative metric, the NSFR, to measure the stability of the funding profile of certain large banking organizations and requires these banking organizations to maintain minimum amounts of stable funding to support their assets, commitments, and derivatives exposures over a one-year time horizon. The NSFR is designed to reduce the likelihood that disruptions to a banking organization's regular sources of funding will compromise its liquidity position, promote effective liquidity risk management, and support the ability of banking organizations to provide financial intermediation to businesses and households across a range of market conditions. The NSFR supports financial stability by requiring banking organizations to fund their activities with stable sources of funding on an ongoing basis, reducing the possibility that funding shocks would substantially increase distress at individual banking organizations. The final rule applies to certain large U.S. depository institution holding companies, depository institutions, and U.S. intermediate holding companies of foreign banking organizations, each with total consolidated assets of $100 billion or more, together with certain depository institution subsidiaries (together, covered companies). Under the final rule, the NSFR requirement increases in stringency based on risk-based measures of the top-tier covered company. U.S. depository institution holding companies and U.S. intermediate holding companies subject to the final rule are required to publicly disclose their NSFR and certain components of their NSFR every second and fourth calendar quarter for each of the two immediately preceding calendar quarters. The final rule also amends certain definitions in the agencies' liquidity coverage ratio rule that are also applicable to the NSFR.","document_number":"2020-26546","html_url":"https://www.federalregister.gov/documents/2021/02/11/2020-26546/net-stable-funding-ratio-liquidity-risk-measurement-standards-and-disclosure-requirements","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2021-02-11/pdf/2020-26546.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-26546.pdf?1612473318","publication_date":"2021-02-11","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"not a <span class=\"match\">deposit</span> <span class=\"match\">broker</span>, meaning <span class=\"match\">deposits</span> placed or facilitated by such a person are not <span class=\"match\">brokered</span> <span class=\"match\">deposits</span>.\n \n \n For this reason, the final rule also renames “<span class=\"match\">brokered</span> sweep <span class=\"match\">deposit</span>” to “sweep <span class=\"match\">deposit</span>” and “reciprocal <span class=\"match\">brokered</span> <span class=\"match\">deposit</span>” to “<span class=\"match\">brokered</span> reciprocal <span class=\"match\">deposit</span>” wherever these terms appear. These clarifications are important in light of ongoing FDIC efforts to update the classification of <span class=\"match\">brokered</span> <span class=\"match\">deposits</span>. Under the final rule, the term “sweep <span class=\"match\">deposit</span>” includes <span class=\"match\">deposits</span> that are <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> as well as <span class=\"match\">deposits</span> that are not <span class=\"match\">brokered</span> deposits"},{"title":"Unsafe and Unsound Banking Practices: Brokered Deposits Restrictions","type":"Proposed Rule","abstract":"The FDIC is inviting comment on proposed revisions to its regulations relating to the brokered deposits restrictions that apply to less than well capitalized insured depository institutions. The proposed rule would create a new framework for analyzing certain provisions of the \"deposit broker\" definition, including \"facilitating\" and \"primary purpose.\" The proposed rule would also establish an application and reporting process with respect to the primary purpose exception. The application process would be available to insured depository institutions and third parties that wish to utilize the exception.","document_number":"2019-28275","html_url":"https://www.federalregister.gov/documents/2020/02/10/2019-28275/unsafe-and-unsound-banking-practices-brokered-deposits-restrictions","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-02-10/pdf/2019-28275.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2019-28275.pdf?1581083114","publication_date":"2020-02-10","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"FDIC's <span class=\"match\">brokered</span> <span class=\"match\">deposit</span> regulations will continue to promote safe and sound practices while ensuring that the classification of a <span class=\"match\">deposit</span> as <span class=\"match\">brokered</span> appropriately reflects changes in the banking landscape since 1989, when the law on <span class=\"match\">brokered</span> <span class=\"match\">deposits</span> was first enacted. \n II. Background \n \n Section 29 of the Federal <span class=\"match\">Deposit</span> Insurance Act (FDI Act) restricts the acceptance of <span class=\"match\">deposits</span> by insured depository institutions from a “<span class=\"match\">deposit</span> <span class=\"match\">broker</span>.” \n 3 \n \n Well capitalized insured depository institutions are not restricted from accepting <span class=\"match\">deposits</span> from a"},{"title":"Proposed Agency Information Collection Activities; Comment Request","type":"Notice","abstract":"In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the OCC, the Board, and the FDIC (the \"agencies\") may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The Federal Financial Institutions Examination Council (FFIEC), of which the agencies are members, has approved the agencies' publication for public comment of a proposal to revise and extend the Consolidated Reports of Condition and Income (Call Reports) (FFIEC 031, FFIEC 041, and FFIEC 051) and Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 101), which are currently approved collections of information. The FFIEC has also approved the Board's publication for public comment, on behalf of the agencies, of a proposal to revise and extend the Report of Assets and Liabilities of U.S. Branches and Agencies of Foreign Banks (FFIEC 002) and the Report of Assets and Liabilities of a Non-U.S. Branch that is Managed or Controlled by a U.S. Branch or Agency of a Foreign (Non-U.S.) Bank (FFIEC 002S), which also are currently approved collections of information. The agencies are requesting comment on revisions to the Call Reports, FFIEC 101, and FFIEC 002 related to interim final rules and a final rule issued in response to disruptions related to the Coronavirus Disease 2019 (COVID-19) that revise the agencies' capital rule, the Board's regulations on reserve requirements and insider loans, and the FDIC's assessments regulations as well as certain sections of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) for which the agencies received emergency approvals from OMB. In addition, the agencies are proposing changes to the Call Report and the FFIEC 002 related to U.S. generally accepted accounting principles (GAAP). Further, the agencies are proposing revisions to the Call Report to reflect the expiration of the temporary exception for estimated disclosures on international remittance transfers and certain amendments to the Remittance Rule recently finalized by the Consumer Financial Protection Bureau (Bureau), which is a member of the FFIEC.","document_number":"2020-15788","html_url":"https://www.federalregister.gov/documents/2020/07/22/2020-15788/proposed-agency-information-collection-activities-comment-request","pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-07-22/pdf/2020-15788.pdf","public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-15788.pdf?1595335528","publication_date":"2020-07-22","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"excerpts":"transfers and <span class=\"match\">withdrawals</span> in excess of the limit or to monitor savings <span class=\"match\">deposits</span> ex post for violations of the limit. The interim final rule also makes conforming changes to other definitions in Regulation D that refer to “savings <span class=\"match\">deposit</span>” as necessary.\n \n \n \n 26 \n  85 FR 23445.\n \n \n The interim final rule permits, but does not require, depository institutions to immediately suspend enforcement of the six-transfer limit and allow their customers to make an unlimited number of convenient transfers and <span class=\"match\">withdrawals</span> from their savings <span class=\"match\">deposits</span>. The interim"}]}