Large-Bank Deposit Insurance Determination Modernization

The FDIC is seeking comment on a proposal that would: remove the regulation regarding recordkeeping for timely deposit insurance determination; revise the regulation regarding large-bank deposit insurance determination modernization to modify the requirements that, following rescission of the preceding regulation, would generally apply to institutions currently subject to the preceding regulation, with certain modifications, and clarify its requirements to better align the burdens of the rule with the benefits; and revise the regulation regarding indexing of specified regulatory thresholds to index the thresholds to inflation in the…

BELLINGS Intelligence Score: 60

Why it matters

The FDIC's proposal to modernize large-bank deposit insurance determination regulations, including removing recordkeeping requirements and indexing thresholds to inflation, represents a significant regulatory update that could affect large banks' compliance and risk management practices.

Sources

Federal Register
Large-Bank Deposit Insurance Determination Modernization
The FDIC is seeking comment on a proposal that would: remove the regulation regarding recordkeeping for timely deposit insurance determination; revise the regulation regarding large-bank deposit insurance determination modernization to modify the requirements that, following rescission of the preceding regulation, would generally apply to institutions currently subject to the preceding regulation, with certain modifications, and clarify its requirements to better align the burdens of the rule with the benefits; and revise the regulation regarding indexing of specified regulatory thresholds to index the thresholds to inflation in the…