Comment Deadline Set for Proposed Amendments on Administrative Hearings

Comments must be submitted by June 13, 2022 on proposed amendments to rules and procedures used for federal banking agency administrative hearings and adjudications. The proposed amendments affect rules of practice before the Comptroller of the Currency, the Federal Reserve Board, the FDIC and the National Credit Union and were published in the Federal Register.

As previously covered, the proposed amendments would (i) allow for use of electronic communications, (ii) update both the Uniform Rules of Practice and Procedure as well as the agency-specific local rules of administrative practice and procedure, so that one set of rules applies to both national banks and Federal savings associations, and (iii) amend rules on organization and functions to address service of process.