dockets: OCC-2018-0014

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id agency_id title docket_type last_modified object_id rin dkabstract category subtype keywords program short_title effective_date organization attrs_raw attr_source
OCC-2018-0014 OCC Expanded Examination Cycle for Certain Small Insured Depository Institutions Rulemaking 2018-12-28T09:26:24Z 0b000064834125d2 Not Assigned The OCC, Board, and FDIC (collectively, the agencies) are jointly issuing and requesting public comment on interim final rules to implement section 210 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (Economic Growth Act), which was enacted on May 24, 2018. Section 210 of the Economic Growth Act amends section 10(d) of the Federal Deposit Insurance Act (FDI Act) to permit the agencies to examine qualifying insured depository institutions (IDIs) with under $3 billion in total assets not less than once during each 18-month period. Prior to enactment of the Economic Growth Act, qualifying IDIs with under $1 billion in total assets were eligible for an 18- month on-site examination cycle. The interim final rules generally would allow qualifying IDIs with under $3 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 onsite examination cycle for U.S. branches and agencies of foreign banks, consistent with the International Banking Act of 1978 (IBA).     ["examinations"]         {"displayProperties": [], "keywords": ["examinations"], "modifyDate": "2018-12-28T09:26:24Z", "dkAbstract": "The OCC, Board, and FDIC\n(collectively, the agencies) are jointly\nissuing and requesting public comment\non interim final rules to implement\nsection 210 of the Economic Growth,\nRegulatory Relief, and Consumer\nProtection Act (Economic Growth Act),\nwhich was enacted on May 24, 2018.\nSection 210 of the Economic Growth\nAct amends section 10(d) of the Federal\nDeposit Insurance Act (FDI Act) to\npermit the agencies to examine\nqualifying insured depository\ninstitutions (IDIs) with under $3 billion\nin total assets not less than once during\neach 18-month period. Prior to\nenactment of the Economic Growth Act, qualifying IDIs with under $1 billion in\ntotal assets were eligible for an 18-\nmonth on-site examination cycle. The\ninterim final rules generally would\nallow qualifying IDIs with under $3\nbillion in total assets to benefit from the\nextended 18-month examination\nschedule. In addition, the interim final\nrules make parallel changes to the\nagencies\u2019 regulations governing the onsite\nexamination cycle for U.S. branches\nand agencies of foreign banks,\nconsistent with the International\nBanking Act of 1978 (IBA).", "agencyId": "OCC", "program": null, "shortTitle": null, "subType2": null, "title": "Expanded Examination Cycle for Certain Small Insured Depository Institutions", "generic": null, "field1": null, "docketType": "Rulemaking", "petitionNbr": null, "rin": "Not Assigned", "organization": null, "legacyId": null, "subType": null, "category": null, "field2": null, "effectiveDate": null, "objectId": "0b000064834125d2"} single_get

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