Home »
Rulemaking » Dodd-Frank Wall Street Reform and Consumer Protection Act: Office of Thrift Supervision Regulations to be Enforced by Office of Comptroller of Currency and Federal Deposit Insurance Corporation
Dodd-Frank Wall Street Reform and Consumer Protection Act: Office of Thrift Supervision Regulations to be Enforced by Office of Comptroller of Currency and Federal Deposit Insurance Corporation
The Dodd-Frank Wall Street Reform and Consumer Protection Act
(Act), transfers to the OCC the functions of the Office of Thrift
Supervision (OTS) relating to Federal savings associations and also
transfers to the OCC rulemaking authority of the OTS and the Director
of the OTS, respectively, relating to all savings associations.
Functions of the OTS relating to State savings associations are
transferred to the FDIC. Section 316(c) of the Act requires the OCC and
the FDIC, after consultation with one another, to identify those
regulations of the OTS that are continued under Section 316(b) of the
Act that the OCC, with respect to Federal savings associations, and the
FDIC, with respect to State savings associations, will enforce, and to
publish a list of those regulations in the Federal Register. This joint
notice sets out the required lists of both the OCC and the FDIC.
Dodd-Frank Wall Street Reform and Consumer Protection Act: Office of Thrift Supervision Regulations to be Enforced by Office of Comptroller of Currency and Federal Deposit Insurance Corporation
Details Information
Comments
Related Documents