The OCC, FRB and FDIC requested comment on a set of rules as part of a process to identify "outdated" or "unnecessary" regulatory requirements on insured depository institutions and their holding companies.
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The Federal Reserve Board, the FDIC and the OCC extended previously issued no-action relief to asset managers and other institutions from regulations that limit extensions of credit to "insiders."
The OCC adopted a final rule amending its regulations that require suspicious activity reports to clarify the agency's limited authority to issue exemptions to national banks and federal savings associations.
The FRB, the FDIC and the OCC extended previously issued no-action relief to asset managers and other institutions from certain regulations that limit extensions of credit to "insiders."
The OCC "true lender rule" was removed from the Code of Federal Regulations, effective immediately.