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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.

 
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
Timetable:
Action Date FR Cite
NPRM  01/31/2019  84 FR 604   
NPRM Comment Period End  04/01/2019 
Final Rule  07/00/2019 
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
Senior Attorney
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