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TREAS/OCC | RIN: 1557-AE22 | Publication ID: Spring 2019 |
Title: Management Official Interlocks Asset Thresholds Adjustment | |
Abstract:
The OCC, FRB, and FDIC issued a proposed rule that would amend agency regulations interpreting the Depository Institution Management Interlocks Act (DIMIA) to increase the thresholds for the major assets prohibition based on inflation or market changes. The current major assets prohibition thresholds are set at $2.5 billion and $1.5 billion. |
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Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 26 | |
Legal Authority: 12 U.S.C. 1 12 U.S.C. 93a 12 U.S.C. 1462a 12 U.S.C. 1463 12 U.S.C. 1464 12 U.S.C. 3201 to 3208 12 U.S.C. 5412(b)(2)(B) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Information URL: https://www.regulations.gov/docket?D=OCC-2018-0011 | Public Comment URL: https://www.regulations.gov/docket?D=OCC-2018-0011 |
RIN Data Printed in the FR: No | |
Agency Contact: Daniel Perez Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-6718 Email: daniel.perez@occ.treas.gov |