Regulatory Alerts2021-02-11 | 2021-01536Removal of Transferred OTS Regulations Regarding Definitions of Terms
The Federal Deposit Insurance Corporation proposes to rescind and remove Subpart Q of 12 CFR Part 390, which contains definitions of terms previously transferred from the Office of Thrift Supervision. This action is necessary because all other subparts of Parts 390 and 391 have been rescinded, rendering the definitions in Subpart Q obsolete and unnecessary for current regulations. The FDIC certifies that this rulemaking will not have a significant economic impact on a substantial number of small entities and invites public comments by March 15, 2021.
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