^®: CRE Regulatory Action of the Week

Treasury, Federal Reserve and FDIC Seek Comment on their Regulatory Review
The Office of the Comptroller of the Currency, Treasury; Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation are conducting a review of the regulations they have issued to identify outdated, unnecessary, or unduly burdensome regulations for insured depository institutions. This review is required by section 2222 of the Economic Growth and Regulatory Paperwork Reduction Act of 1996 This is the first of the four Federal Register requests for comment. In it, the agencies seek comment on the regulations in the following three categories: Applications and Reporting, Powers and Activities, and International Operations. To aid the public, the agencies are also are publishing a chart that sets forth the rules addressed in this document, as well as those that they will address in the remaining three. Written comments must be received no later than September 2, 2014.