Regulatory Alerts2026-06-25 | FIL-32-2026Notice of Proposed Rulemaking on Disclosure of Information
The FDIC Board of Directors approved a notice of proposed rulemaking to amend regulations governing the disclosure of confidential supervisory information. The proposal grants insured depository institutions greater flexibility to share such information with affiliates, service providers, and in connection with mergers or executive hiring without prior FDIC approval. Additionally, the rule simplifies and clarifies FDIC procedures for disclosures under the Freedom of Information Act and in legal proceedings.
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