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

Document 2024-16729 is a Proposed Rule published by the Federal Reserve System in the Federal Register on August 1, 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of 1996 (EGRPRA), the OCC, Board, and FDIC (collectively, the agencies) are reviewing agency regulations to identify outdated or otherwise unnecessary regulatory requirements on insured depository institutions and their holding companies. Over approximately two years, the agencies will publish four Federal Register documents requesting comment on multiple categories of regulations. This second Federal Register document requests comment on regulations in the categories of Consumer Protection; Directors, Officers, and Employees; and Money Laundering. View the original at https://www.federalregister.gov/documents/2024/08/01/2024-16729/regulatory-publication-and-review-under-the-economic-growth-and-regulatory-paperwork-reduction-act.

No. Document 2024-16729 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.