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Effective Date: FDIC Issues Final Rules to Rescind and Remove Transferred OTS Regulations.

FDIC issues a final rule to rescind and remove regulations transferred to FDIC from the Office of Thrift Supervision (OTS) in 2011 pursuant to the Dodd-Frank Act. The regulations generally concern the supervision and governance of state savings associations, including the application processing procedures for certain applications, notices and filings by state savings associations. In addition to the removal of the regulations, FDIC has made technical changes that do not currently apply to state savings associations. Following the rescission, the filing regulations pertaining to state savings associations and all other FDIC-supervised institutions will be substantially the same. Read more here.

  • March 5, 2021
  • Time: All Day