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ARTICLE · 06 JANUARY 2016

Banking Regulators Seeking Feedback On Regulatory Burden Reduction

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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The federal banking agencies are requesting comment on the fourth and final set of regulatory categories as part of the review aimed at identifying outdated or unnecessary regulations applied to insured depository institutions.

United StatesFinance and Banking

The federal banking agencies are requesting comment on the fourth and final set of regulatory categories as part of the review aimed at identifying outdated or unnecessary regulations applied to insured depository institutions. Such a review and request for feedback is required at least every 10 years. The regulations are divided into 12 categories and comments are requested for nine categories. A fourth notice seeks comment on regulations in three additional categories: rules of procedure; safety and soundness; and securities. Comments will be accepted within 90 days after publication in the Federal Register.

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