The Office of the Comptroller of the Currency, the Federal
Reserve Board and the FDIC (collectively, the "agencies")
proposed increasing the major assets
prohibition thresholds for management interlock rules.
The Depository Institution Management Interlocks Act (DIMIA)
asset prohibition generally bars a management official of a
depository organization with $2.5 billion in total assets from
serving simultaneously as a management official of an unaffiliated
depository organization with more than $1.5 billion in total
assets. Under the proposal, both total assets thresholds would be
raised to $10 billion.
Additionally, the agencies proposed three alternative methods
for increasing the asset threshold based on:
