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Home » 2016 Issues » 81 FR (08/25/2016) » 2016-20328. Removal of FDIC Regulations Regarding Fair Credit Reporting Transferred to the Consumer Financial Protection Bureau

  2016-20328. Removal of FDIC Regulations Regarding Fair Credit Reporting Transferred to the Consumer Financial Protection Bureau  

  • Start Preamble

    AGENCY:

    Federal Deposit Insurance Corporation.

    ACTION:

    Final rule; correction.

    SUMMARY:

    The Federal Deposit Insurance Corporation (“FDIC”) is correcting a Final Rule that appeared in the Federal Register on October 28, 2015, regarding removal of certain FDIC regulations regarding Fair Credit Reporting transferred to the Consumer Financial Protection Bureau in Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

    DATES:

    The correction is effective August 25, 2016.

    Start Further Info

    FOR FURTHER INFORMATION CONTACT:

    Richard M. Schwartz, Counsel, Legal Division, (202) 898-7424 or rischwartz@fdic.gov.

    End Further Info End Preamble Start Supplemental Information

    SUPPLEMENTARY INFORMATION:

    The Federal Deposit Insurance Corporation (“FDIC”) is correcting a Final Rule that appeared in the Federal Register on October 28, 2015 (80 FR 65913), regarding removal of certain FDIC regulations regarding Fair Credit Reporting transferred to the Consumer Financial Protection Bureau in Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act.[1] This publication removed and reserved Subparts C and E to 12 Code of Federal Regulations (CFR) Part 334, but mistakenly failed to remove and reserve the appendices that applied to those Subparts.

    In FR Doc. 2015-27291, appearing on pages 65913 et seq. in the Federal Register of October 28, 2015, the following correction is made:

    Authority and Issuance

    For the reasons stated in the preamble, the Board of Directors of the Federal Deposit Insurance Corporation amends 12 CFR part 334 by making the following correcting amendments:

    Start Part

    PART 334—FAIR CREDIT REPORTING

    End Part Start Amendment Part

    1. The authority citation for part 334 continues to read as follows:

    End Amendment Part Start Authority

    Authority: 12 U.S.C. 1818, 1819 (Tenth), and 1831p-1; 15 U.S.C. 1681a, 1681b, 1681c, 1681m, 1681s, 1681s-2, 1681s-3, 1681t, 1681w, 6801 et seq., Pub. L. 108-159, 117 Stat. 1952.

    End Authority

    Subpart C to Part 334 [Removed and Reserved]

    Start Amendment Part

    2. Remove and reserve appendix C.

    End Amendment Part

    Subpart E to Part 334 [Removed and Reserved]

    Start Amendment Part

    3. Remove and reserve appendix E.

    End Amendment Part Start Signature

    By order of the Board of Directors.

    Federal Deposit Insurance Corporation.

    Robert E. Feldman,

    Executive Secretary.

    End Signature End Supplemental Information

    Footnotes

    1.  Public Law 111-203, 124 Stat. 1376 (2010).

    Back to Citation

    [FR Doc. 2016-20328 Filed 8-24-16; 8:45 am]

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Document Information

Effective Date:
8/25/2016
Published:
08/25/2016
Department:
Federal Deposit Insurance Corporation
Entry Type:
Rule
Action:
Final rule; correction.
Document Number:
2016-20328
Dates:
The correction is effective August 25, 2016.
Pages:
58382-58382 (1 pages)
RINs:
3064-AE29: Transfer and Removal of OTS and CFPB Regulations Regarding Fair Credit Reporting and Amendments and Amendment to the Creditor Definition in Identity Theft Red Flags Rule
RIN Links:
https://www.federalregister.gov/regulations/3064-AE29/transfer-and-removal-of-ots-and-cfpb-regulations-regarding-fair-credit-reporting-and-amendments-and-
PDF File:
2016-20328.pdf
CFR: (1)
12 CFR 334