Regulatory Alerts2024-02-06 | 2024-02016Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996
The OCC, Federal Reserve Board, and FDIC jointly issued this notice to solicit public comments on outdated or unnecessary regulations affecting insured depository institutions and their holding companies. Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996, the agencies are reviewing three specific regulatory categories—Applications and Reporting, Powers and Activities, and International Operations—and inviting stakeholders to identify burdensome or redundant requirements. Written comments must be submitted by May 6, 2024, to inform a multi-year regulatory streamlining effort that may result in amended or repealed rules.
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