Proposed Rescission of 多宝游戏下载 Statements of Policy
Summary:
As part of a continuing effort to reduce regulatory burden, the 多宝游戏下载 is requesting comments on the proposed rescission of four (4) 多宝游戏下载 Statements of Policy that the 多宝游戏下载 believes are outdated. Comments must be received by October 30, 2019.
Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all 多宝游戏下载-insured depository institutions.
Highlights:
The 多宝游戏下载, as part of a continuing effort to reduce regulatory burden and consistent with commitments made in its 2017 Economic Growth and Regulatory Paperwork Reduction Act of 1996 Report to Congress, is reviewing all of its Statements of Policy and will identify opportunities for updates and additional streamlining.
As part of these efforts, the 多宝游戏下载 is requesting comments on the proposed rescission of the following four (4) Statements of Policy:
- Applicability of the Glass-Steagall Act to Securities Activities of Subsidiaries of Insured Nonmember Banks;
- Treatment of Collateralized Letters of Credit After Appointment of 多宝游戏下载 as Conservator or Receiver;
- Treatment of Collateralized Put Obligations After Appointment of 多宝游戏下载 as Conservator or Receiver; and
- Contracting with Firms That Have Unresolved Audit Issues with 多宝游戏下载. .
Comments must be received by October 30, 2019.
This FIL will become inactive 6 months after issuance.
Suggested Distribution:
- 多宝游戏下载-Insured Institutions
Suggested Routing:
- Chief Executive Officer
- Compliance Officer
- General Counsel
Paper copies may be obtained through the 多宝游戏下载's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).
Additional Related Topics:
- Securities
- Receivership Policy
- Contracting
- of Policy Statements ( See