Summary: | The FDIC and the other federal financial institution regulatory agencies have jointly adopted the attached final rules permitting insured depository institutions that have up to $500 million in total assets, and that meet certain other criteria, to qualify for an 18 month (rather than 12-month) on site examination cycle. These changes will allow the agencies to better focus their supervisory resources on those institutions that may present capital, managerial or other issues of supervisory concern, while reducing the regulatory burden on small, well-capitalized and well-managed institutions. |
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Additional Related Topics:
- FDIC Rules and Regulations, 12 CFR Parts 337 and 347