Regulatory Alerts2024-12-11 | 2024-28939Regulatory Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996
The OCC, Federal Reserve Board, and FDIC jointly request public comments on federal regulations affecting insured depository institutions under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. This third notice in a multi-year series specifically examines the Rules of Procedure, Safety and Soundness, and Securities categories to identify outdated or unduly burdensome requirements. Stakeholders must submit feedback by March 11, 2025, enabling the agencies to amend or repeal rules that impose unnecessary costs without compromising financial stability or consumer protection.
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