{"abstract":"The OCC, Board, and FDIC (collectively, the agencies) are jointly issuing and requesting public comment on interim final rules to implement section 83001 of the Fixing America's Surface Transportation Act (FAST Act), which was enacted on December 4, 2015. Section 83001 of the FAST Act permits the agencies to examine qualifying insured depository institutions with less than $1 billion in total assets no less than once during each 18-month period. Prior to enactment of the FAST Act, only qualifying insured depository institutions with less than $500 million in total assets were eligible for an 18-month on-site examination cycle. The interim final rules generally would allow well capitalized and well managed institutions with less than $1 billion in total assets to benefit from the extended 18-month examination schedule. In addition, the interim final rules make parallel changes to the agencies' regulations governing the on-site examination cycle for U.S. branches and agencies of foreign banks, consistent with the International Banking Act of 1978. Finally, the FDIC is integrating its regulations regarding the frequency of safety and soundness examinations for State nonmember banks and State savings associations.","action":"Joint interim final rules and request for comments.","agencies":[{"raw_name":"DEPARTMENT OF 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"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/02/29/2016-03877.html","cfr_references":[{"chapter":null,"citation_url":null,"part":4,"title":12},{"chapter":null,"citation_url":null,"part":208,"title":12},{"chapter":null,"citation_url":null,"part":211,"title":12},{"chapter":null,"citation_url":null,"part":337,"title":12},{"chapter":null,"citation_url":null,"part":347,"title":12},{"chapter":null,"citation_url":null,"part":390,"title":12}],"citation":"81 FR 10063","comment_url":null,"comments_close_on":"2016-04-29","correction_of":null,"corrections":[],"dates":"These interim final rules are effective on February 29, 2016. Comments on the rules must be received by April 29, 2016.","disposition_notes":null,"docket_ids":["Docket ID OCC-2016-0001","Docket No. R-1531"],"dockets":[{"supporting_documents":[],"agency_name":null,"documents":[{"comment_count":2,"comment_start_date":"2016-02-29","updated_at":"2023-03-01T03:51:56.949-05:00","comment_url":"https://www.regulations.gov/commenton/OCC-2016-0001-0001","allow_late_comments":null,"id":"OCC-2016-0001-0001","comment_end_date":"2016-04-30","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"OCC-2016-0001","title":"Expanded Examination Cycle for Certain Small Insured Depository Institution and U.S. Branches and Agencies of Foreign Banks"}],"document_number":"2016-03877","effective_on":"2016-02-29","end_page":10070,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/02/29/2016-03877.xml","html_url":"https://www.federalregister.gov/documents/2016/02/29/2016-03877/expanded-examination-cycle-for-certain-small-insured-depository-institutions-and-us-branches-and","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-03877?publication_date=2016-02-29","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-02-29/2016-03877/mods.xml","not_received_for_publication":null,"page_length":8,"page_views":{"count":1034,"last_updated":"2026-04-04 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-02-29/pdf/2016-03877.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-03877.pdf?1456494319","publication_date":"2016-02-29","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/02/29/2016-03877.txt","regulation_id_number_info":{"7100-AE45":null,"1557-AE01":null,"3064-AE42":{"issue":"201610","html_url":"https://www.federalregister.gov/regulations/3064-AE42/expanded-examination-cycle-for-certain-small-insured-depository-institutions-and-u-s-branches-and-ag","title":"Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201610&RIN=3064-AE42&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1557-AE01","3064-AE42","7100-AE45"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FRS","document_id":"FRS-2016-0058-0001","checked_regulationsdotgov_at":"2023-03-01T08:51:55Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":10063,"subtype":null,"title":"Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks","toc_doc":"Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks","toc_subject":null,"topics":["Accounting","Administrative practice and procedure","Advertising","Aged","Agriculture","Authority delegations (Government agencies)","Bank deposit insurance","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Civil rights","Confidential business information","Conflict of interests","Credit","Crime","Currency","Equal employment opportunity","Exports","Fair housing","Federal Reserve System","Flood insurance","Foreign banking","Freedom of information","Government employees","Holding companies","Individuals with disabilities","Investments","Minority businesses","Mortgages","Organization and functions (Government agencies)","Reporting and recordkeeping requirements","Savings associations","Securities","United States investments abroad","Women"],"type":"Rule","volume":81}