Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996

Document 2024-02016 is a Proposed Rule published by the Federal Reserve System in the Federal Register on February 6, 2024. Pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA), the OCC, Board, and FDIC (collectively, the agencies) are reviewing agency regulations to identify outdated or otherwise unnecessary regulatory requirements on insured depository institutions and their holding companies. The agencies divided their regulations into 12 categories outlined in the included chart. Over the next two years, the agencies will publish four Federal Register documents requesting comment on multiple categories. This first Federal Register document requests comment on regulations concerning the following three categories: Applications and Reporting, Powers and Activities, and International Operations. View the original at https://www.federalregister.gov/documents/2024/02/06/2024-02016/regulatory-publication-and-review-under-the-economic-growth-and-regulatory-paperwork-reduction-act.

No. Document 2024-02016 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.