8084 Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 

For the reasons set forth above, 5 CFR 

part 1201 is proposed to be amended as 

follows: 

PART 1201—PRACTICES AND 

PROCEDURES 

■ 1. The authority citation for part 1201 

continues to read as follows: 

Authority: 5 U.S.C. 1204, 1305, and 7701, 

and 38 U.S.C. 4331, unless otherwise noted. 

■ 2. Section 1201.3 is amended by 

adding paragraph (a)(12) to read as 

follows: 

§ 1201.3 Appellate jurisdiction. 

(a) * * * 

(12) Service or schedule changes. 

Movement of an employee from the 

competitive service to the excepted 

service, or from one schedule in the 

excepted service to a different schedule 

in the excepted service, when such a 

move would strip the employee of any 

status or civil service protections they 

had already accrued. 

* * * * * 

Jennifer Everling, 

Deputy Clerk of the Board. 

[FR Doc. 2024–02528 Filed 2–2–24; 5:00 pm] 

BILLING CODE 7400–01–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

12 CFR Chapter I 

[Docket ID OCC–2023–0016] 

FEDERAL RESERVE SYSTEM 

12 CFR Chapter II 

[Docket No. OP–1828] 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

12 CFR Chapter III 

RIN 3064–ZA39 

Regulatory Publication and Review 

Under the Economic Growth and 

Regulatory Paperwork Reduction Act 

of 1996 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury; Board of 

Governors of the Federal Reserve 

System (Board); Federal Deposit 

Insurance Corporation (FDIC). 

ACTION: Notice of regulatory review; 

request for comments. 

SUMMARY: 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regulations to identify outdated or 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. 

DATES: Written comments must be 

received no later than May 6, 2024. 

ADDRESSES: Comments should be 

directed to: OCC: Commenters are 

encouraged to submit comments 

through the Federal eRulemaking Portal. 

Please use the title ‘‘Regulatory 

Publication and Review Under the 

Economic Growth and Regulatory 

Paperwork Reduction Act of 1996’’ to 

facilitate the organization and 

distribution of the comments. You may 

submit comments by any of the 

following methods: 

• Federal eRulemaking Portal— 

Regulations.gov: Go to https:// 

regulations.gov/. Enter ‘‘Docket ID OCC– 

2023–0016’’ in the Search Box and click 

‘‘Search.’’ Public comments can be 

submitted via the ‘‘Comment’’ box 

below the displayed document 

information or by clicking on the 

document title and then clicking the 

‘‘Comment’’ box on the top-left side of 

the screen. For help with submitting 

effective comments, please click on 

‘‘Commenter’s Checklist.’’ For 

assistance with the Regulations.gov site, 

please call 1–866–498–2945 (toll free) 

Monday–Friday, 9 a.m.–5 p.m. ET, or 

email regulationshelpdesk@gsa.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, Office 

of the Comptroller of the Currency, 400 

7th Street SW, Suite 3E–218, 

Washington, DC 20219. 

• Hand Delivery/Courier: 400 7th 

Street, SW, Suite 3E–218, Washington, 

DC 20219. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘Docket 

ID OCC–2023–0016’’ in your comment. 

In general, the OCC will enter all 

comments received into the docket and 

publish the comments on the 

Regulations.gov website without 

change, including any business or 

personal information provided such as 

name and address information, email 

addresses, or phone numbers. 

Comments received, including 

attachments and other supporting 

materials, are part of the public record 

and subject to public disclosure. Do not 

include any information in your 

comment or supporting materials that 

you consider confidential or 

inappropriate for public disclosure. 

You may review comments and other 

related materials that pertain to this 

action by the following method: 

• Viewing Comments Electronically— 

Regulations.gov: Go to https:// 

regulations.gov/. Enter ‘‘Docket ID OCC– 

2023–0016’’ in the Search Box and click 

‘‘Search.’’ Click on the ‘‘Dockets’’ tab 

and then the document’s title. After 

clicking the document’s title, click the 

‘‘Browse All Comments’’ tab. Comments 

can be viewed and filtered by clicking 

on the ‘‘Sort By’’ drop-down on the right 

side of the screen or the ‘‘Refine 

Comments Results’’ options on the left 

side of the screen. Supporting materials 

can be viewed by clicking on the 

‘‘Browse Documents’’ tab. Click on the 

‘‘Sort By’’ drop-down on the right side 

of the screen or the ‘‘Refine Results’’ 

options on the left side of the screen 

checking the ‘‘Supporting & Related 

Material’’ checkbox. For assistance with 

the Regulations.gov site, please call 1– 

866–498–2945 (toll free) Monday– 

Friday, 9am–5pm ET, or email 

regulationshelpdesk@gsa.gov. 

The docket may be viewed after the 

close of the comment period in the same 

manner as during the comment period. 

Board: You may submit comments, 

identified by Docket No. OP–1828 by 

any of the following methods: 

• Agency Website: https:// 

www.federalreserve.gov. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/ 

generalinfo/foia/ProposedRegs.cfm. 

• Federal eRulemaking Portal: 

https://www.regulations.gov. Follow the 

instructions for submitting comments. 

• Email: regs.comments@

federalreserve.gov. Include the docket 

number in the subject line of the 

message. 

• Fax: 202–452–3819 or 202–452– 

3102. 

• Mail: Ann E. Misback, Secretary, 

Board of Governors of the Federal 

Reserve System, 20th Street and 

Constitution Avenue NW, Washington, 

DC 20551. 

Public Inspection: In general, all 

public comments will be made available 

on the Board’s website at 

www.federalreserve.gov/generalinfo/ 

foia/ProposedRegs.cfm as submitted, 

and will not be modified to remove 

confidential, contact or any identifiable 

information. Public comments may also 

be viewed electronically or in paper in 


ddrumheller on DSK120RN23PROD with PROPOSALS1
Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 8085 

1 12 U.S.C. 3311. 

2The FFIEC is an interagency body empowered 

to prescribe uniform principles, standards, and 

report forms for the Federal examination of 

financial institutions and to make recommendations 

to promote uniformity in the supervision of 

financial institutions. The FFIEC does not issue 

regulations that impose burden on financial 

institutions and, therefore, we have not separately 

captioned the FFIEC in this notice. 

3The FFIEC is comprised of the OCC, Board, 

FDIC, National Credit Union Administration 

(NCUA), Consumer Financial Protection Bureau 

(CFPB), and State Liaison Committee. Of these, only 

the OCC, Board, and FDIC are statutorily required 

to undertake the EGRPRA review. The NCUA 

elected to participate in the first and second 

EGRPRA reviews, and the NCUA Board again has 

elected to participate in this review process. 

Consistent with its approach during the first and 

second EGRPRA reviews, NCUA will separately 

issue notices and requests for comment on its rules. 

The CFPB is required to review its significant rules 

and publish a report of its review no later than five 

years after they take effect. See 12 U.S.C. 5512(d). 

This process is separate from the EGRPRA process. 

4 Insured depository institutions are also subject 

to regulations that are not reviewed under the 

EGRPRA process because they were not prescribed 

by the agencies. Examples include rules for which 

rulemaking authority was transferred to the CFPB 

and anti-money laundering regulations issued by 

the Department of the Treasury’s Financial Crimes 

Enforcement Network, among others. If, during the 

EGRPRA process, the agencies receive a comment 

about a regulation that is not subject to the EGRPRA 

review, we will forward that comment to the 

appropriate agency. 

5See supra note 1. 

Room M–4365A, 2001 C Street NW, 

Washington, DC 20551, between 9:00 

a.m. and 5:00 p.m. during Federal

business weekdays. For security

reasons, the Board requires that visitors

make an appointment to inspect

comments by calling (202) 452–3684.

Upon arrival, visitors will be required to

present valid government-issued photo

identification and to submit to security

screening in order to inspect and

photocopy comments. For users of

TTY–TRS, please call 711 from any

telephone, anywhere in the United

States.

FDIC: The FDIC encourages interested 

parties to submit written comments. 

Please include your name, affiliation, 

address, email address, and telephone 

number(s) in your comment. You may 

submit comments to the FDIC, 

identified by ‘‘EGRPRA’’ in the subject 

line of your message by any of the 

following methods: 

• Agency Website: https://

www.fdic.gov/resources/regulations/ 

federal-register-publications/. Follow 

instructions for submitting comments 

on the FDIC’s website. 

• Mail: James P. Sheesley, Assistant

Executive Secretary, Attention: 

Comments/Legal OES (EGRPRA), 

Federal Deposit Insurance Corporation, 

550 17th Street NW, Washington, DC 

20429. 

• Hand Delivery/Courier: Comments

may be hand-delivered to the guard 

station at the rear of the 550 17th Street 

NW, building (located on F Street NW) 

on business days between 7:00 a.m. and 

5:00 p.m. ET. 

• Email: comments@FDIC.gov.

Include ‘‘EGRPRA’’ in the subject line of 

the message. 

Public Inspection: Comments 

received, including any personal 

information provided, may be posted 

without change to https://www.fdic.gov/ 

resources/regulations/federal-registerpublications/. Commenters should 

submit only information that the 

commenter wishes to make available 

publicly. The FDIC may review, redact, 

or refrain from posting all or any portion 

of any comment that it may deem to be 

inappropriate for publication, such as 

irrelevant or obscene material. The FDIC 

may post only a single representative 

example of identical or substantially 

identical comments, and in such cases 

will generally identify the number of 

identical or substantially identical 

comments represented by the posted 

example. All comments that have been 

redacted, as well as those that have not 

been posted, that contain comments on 

the merits of this notice will be retained 

in the public comment file and will be 

considered as required under all 

applicable laws. All comments may be 

accessible under the Freedom of 

Information Act. 

FOR FURTHER INFORMATION CONTACT: 

OCC: Allison Hester-Haddad, Special 

Counsel, Daniel Amodeo, Counsel, or 

John Cooper, Counsel, Chief Counsel’s 

Office (202) 649–5490, Office of the 

Comptroller of the Currency, 400 7th 

Street SW, Washington DC 20219. If you 

are deaf, hard of hearing, or have a 

speech disability, please dial 7–1–1 to 

access telecommunications relay 

services. 

Board: Katie Ballintine, Assistant 

Director, (202) 452–2555, Maria 

Jovanovic, Senior Financial Institution 

Policy Analyst II, (202) 475–6327, and 

Colton Hamming, Financial Institution 

Policy Analyst II, (202) 452–3932, 

Division of Supervision and Regulation; 

Mandie Aubrey, Senior Counsel, (202) 

452–2595, Division of Consumer and 

Community Affairs; Dafina Stewart, 

Assistant General Counsel, (202) 452– 

2677 and David Cohen, Senior Attorney, 

(202) 452–5259, Legal Division, Board of

Governors of the Federal Reserve

System, 20th Street and Constitution

Avenue NW, Washington, DC 20551.

For users of TTY–TRS, please call 711

from any telephone, anywhere in the

United States.

FDIC: Karen J. Currie, Chief, Policy & 

Program Development Section, (202) 

898–3981, Division of Risk Management 

Supervision; or William Piervincenzi, 

Supervisory Counsel, (202) 898–6957, 

Legal Division. 

SUPPLEMENTARY INFORMATION: 

I. Introduction

Congress enacted Section 2222 of

EGRPRA 1 to reduce regulatory burden 

imposed upon insured depository 

institutions consistent with safety and 

soundness, to promote consistency 

between the agencies’ regulations, and 

to support consumer protection. The 

statute requires that not less frequently 

than once every 10 years, the Federal 

Financial Institutions Examination 

Council (FFIEC),2 along with the 

agencies,3 conduct a review of their 

regulations to identify outdated or 

otherwise unnecessary regulatory 

requirements imposed on insured 

depository institutions. In conducting 

this review, the FFIEC or the agencies 

shall (a) categorize their regulations by 

type and (b) at regular intervals, provide 

notice and solicit public comment on 

categories of regulations, requesting 

commenters to identify areas of 

regulations that are outdated, 

unnecessary, or unduly burdensome.4

EGRPRA also requires the FFIEC or 

the agencies to publish in the Federal 

Register a summary of the comments 

received, identifying significant issues 

raised and commenting on these issues. 

It also directs the agencies to eliminate 

unnecessary regulations to the extent 

that such action is appropriate. Finally, 

the statute requires the FFIEC to submit 

to Congress a report that summarizes 

any significant issues raised in the 

public comments and the relative merits 

of those issues. The report also must 

include an analysis of whether the 

agencies are able to address the 

regulatory burdens associated with such 

issues or whether these burdens must be 

addressed by legislative action. 

II. The EGRPRA Review’s Targeted

Focus

The EGRPRA regulatory review 

provides an opportunity for the public 

and the agencies to look at groups of 

related regulations and to identify 

opportunities for burden reduction.5 For 

example, the EGRPRA review may 

facilitate the identification of statutes 

and regulations that share similar goals 

or complementary methods where one 

or more agencies could eliminate the 

overlapping regulatory requirements. 

Alternatively, commenters may identify 

regulations or statutes that impose 

requirements that are no longer 

consistent with the way business is 


ddrumheller on DSK120RN23PROD with PROPOSALS1
8086 Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 

6 44 U.S.C. 3501–3521. 

7 5 U.S.C. 610. 

8 5 U.S.C. 551–559. 

9Consistent with EGRPRA’s focus on reducing 

burden on insured depository institutions, the 

agencies have not included their internal, 

organizational, or operational regulations in this 

review. These regulations impose minimal, if any, 

burden on insured depository institutions. 

10The agencies are seeking comment only on 

consumer protection regulations for which they 

retain rulemaking authority for insured depository 

institutions and holding companies under the 

Dodd-Frank Wall Street Reform and Consumer 

Protection Act, Public Law 111–203, 124 Stat. 1376 

(2010) (Dodd-Frank Act). 

conducted and may warrant revision or 

elimination. 

The EGRPRA review also provides the 

agencies and the public with an 

opportunity to consider how to reduce 

the impact on community banks or their 

holding companies. The agencies are 

aware of the role that these institutions 

play in providing consumers and 

businesses across the nation with 

essential financial services and access to 

credit. The agencies are especially 

concerned about the impact of 

requirements on these smaller 

institutions. The agencies understand 

that when a new regulation is issued or 

a current regulation amended, smaller 

institutions may have to devote a 

significant amount of their resources to 

determine if and how the regulation will 

affect them. Through the public 

comment process, the EGRPRA review 

can help the agencies identify and target 

regulatory changes to reduce impacts on 

these smaller institutions. 

Burden reduction must be compatible 

with consumer protection, the safety 

and soundness of insured depository 

institutions, their affiliates, and the 

financial system as a whole. Burden 

reduction also must be consistent with 

the agencies’ statutory mandates, many 

of which require the issuance of 

regulations. EGRPRA recognizes that 

effective burden reduction may require 

statutory changes. Accordingly, as part 

of this review, we specifically ask the 

public to comment on the relationship 

among burden reduction, regulatory 

requirements, policy objectives, and 

statutory mandates. We also seek 

quantitative data about the impact of 

rules, where available. 

We note that the agencies must 

consider regulatory burden each time an 

agency proposes, adopts, or amends a 

rule. For example, under the Paperwork 

Reduction Act of 1995 6 and the 

Regulatory Flexibility Act,7 the agencies 

assess each rulemaking with respect to 

the burdens the rule might impose. The 

agencies also invite the public to 

comment on proposed rules as required 

by the Administrative Procedure Act.8

III. The EGRPRA Review Process 

Taken together for purposes of 

EGRPRA, the agencies’ regulations 

covering insured depository institutions 

encompass more than 100 subjects.9

Consistent with the EGRPRA statute and 

past practice, the agencies have grouped 

these regulations into the following 12 

categories listed in alphabetical order: 

Applications and Reporting; Banking 

Operations; Capital; Community 

Reinvestment Act; Consumer 

Protection; 10 Directors, Officers and 

Employees; International Operations; 

Money Laundering; Powers and 

Activities; Rules of Procedure; Safety 

and Soundness; and Securities. These 

categories were used during the prior 

EGRPRA reviews. The agencies 

determined the categories by sorting the 

regulations by type and sought to have 

no category be too large or broad. These 

categories remain useful for the review, 

and the agencies have not modified the 

categories for purposes of this review. 

Over the next two years, the agencies 

plan to publish four Federal Register 

notices, each addressing one or more 

categories of rules. Each Federal 

Register notice will have a 90-day 

comment period. Today, the agencies 

are publishing the first of the four 

notices, addressing the following 

categories of regulations: Applications 

and Reporting; Powers and Activities; 

and International Operations. The 

agencies invite the public to identify 

outdated, unnecessary, or unduly 

burdensome regulatory requirements 

imposed on insured depository 

institutions and their holding 

companies in these three categories. 

To assist the public’s understanding 

of how the agencies have organized the 

EGRPRA review, the agencies have 

prepared a chart that lists the categories 

of regulations with the three categories 

of regulations addressed in this Federal 

Register notice appearing as the first 

three categories in the chart. The chart’s 

left column divides the categories into 

specific subject-matter areas. The 

headings at the top of the chart identify 

the types of institutions affected by the 

regulations. 

The agencies will review the 

comments received and determine 

whether further action is appropriate 

with respect to the regulations. The 

agencies will consult and coordinate 

with each other and expect to generally 

make this determination jointly, as 

appropriate, in the case of rules that 

have been issued on an interagency 

basis. Similarly, as appropriate, the 

agencies will undertake any rulemaking 

to amend or repeal those rules on an 

interagency basis. For rules issued by a 

single agency, the issuing agency will 

review the comments received and 

independently determine whether 

amendments to or repeal of its rules are 

appropriate. 

IV. Request for Comments on the First 

Three Categories of Regulations: 

Applications and Reporting, Powers 

and Activities, and International 

Operations 

The agencies are requesting comment 

on regulations in three specific 

categories to identify outdated, 

unnecessary, or unduly burdensome 

requirements imposed on insured 

depository institutions and their 

holding companies. The agencies will 

solicit comment on all rules finalized by 

the agencies before the publication of 

the last EGRPRA notice in the series. In 

addition to comments on regulations in 

the first three categories generally, the 

agencies are requesting comments on 

certain specific regulations described 

below within the first three categories 

issued since the last EGRPRA review. 

Where possible, the agencies ask 

commenters to cite to specific regulatory 

language or provisions. The agencies 

also welcome suggested alternative 

provisions or language in support of a 

comment, where appropriate. The 

agencies will consider comments 

submitted anonymously. 

Specific Issues for Commenters To 

Consider 

The agencies specifically invite 

comment on the following issues as they 

pertain to the agencies’ Applications 

and Reporting, Powers and Activities, 

and International Operations rules 

addressed in this notice. We will ask 

these same questions for each notice we 

issue in connection with the EGRPRA 

process. 

• Need and purpose of the 

regulations. 

Æ Question 1: Have there been 

changes in the financial services 

industry, consumer behavior, or other 

circumstances that cause any 

regulations in these categories to be 

outdated, unnecessary, or unduly 

burdensome? If so, please identify the 

regulations, provide any available 

quantitative analyses or data, and 

indicate how the regulations should be 

amended. 

Æ Question 2: Do any of these 

regulations impose burdens not required 

by their underlying statutes? If so, 

please identify the regulations and 

indicate how they should be amended. 

• Overarching approaches/ 

flexibilities. 


ddrumheller on DSK120RN23PROD with PROPOSALS1
Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 8087 

11See Economic Growth, Regulatory Relief, and 

Consumer Protection Act, Public Law 115–174, 132 

Stat. 1296 (2018). 

12 84 FR 29050 (Jun. 21, 2019). 

13 80 FR 74839 (Nov. 30, 2015); 83 FR 50805 (Oct. 

10, 2018); 84 FR 9940 (Mar. 19, 2019); 85 FR 39464 

(Jul. 1, 2020); 85 FR 39754 (Aug. 31, 2020). 

14 12 U.S.C. 1851. 

15See EGRRCPA sections 203, 204. These 

provisions were effective upon EGRRCPA’s 

enactment. 

16 86 FR 66424 (Nov. 23, 2021). 

Æ Question 3: With respect to the 

regulations in these categories, could an 

agency use a different regulatory 

approach to lessen the burden imposed 

by the regulations and achieve statutory 

intent? 

Æ Question 3: Do any of these rules 

impose unnecessarily inflexible 

requirements? If so, please identify the 

regulations and indicate how they 

should be amended. 

• Cumulative effects. 

Æ Question 4: Looking at the 

regulations in a category as a whole, are 

there any requirements that are 

redundant, inconsistent, or overlapping 

in such a way that taken together, 

impose an unnecessary burden that 

could potentially be addressed? If so, 

please identify those regulations, 

provide any available quantitative 

analyses or data, and indicate how the 

regulations should be amended. 

• Effect on competition. 

Æ Question 5: Do any of the 

regulations in these categories create 

competitive disadvantages for one part 

of the financial services industry 

compared to another or for one type of 

insured depository institution compared 

to another? If so, please identify the 

regulations and indicate how they 

should be amended. 

• Reporting, recordkeeping, and 

disclosure requirements. 

Æ Question 6: Do any of the 

regulations in these categories impose 

outdated, unnecessary, or unduly 

burdensome reporting, recordkeeping, 

or disclosure requirements on insured 

depository institutions or their holding 

companies? 

Æ Question 7: Could an insured 

depository institution or its holding 

company fulfill any of these 

requirements through new technologies 

(if they are not already permitted to do 

so) and experience a burden reduction? 

If so, please identify the regulations and 

indicate how they should be amended. 

• Unique characteristics of a type of 

institution. 

Æ Question 8: Do any of the 

regulations in these categories impose 

requirements that are unwarranted by 

the unique characteristics of a particular 

type of insured depository institution or 

holding company? If so, please identify 

the regulations and indicate how they 

should be amended. 

• Clarity. 

Æ Question 9: Are the regulations in 

these categories clear and easy to 

understand? 

Æ Question 10: Are there specific 

regulations for which clarification is 

needed? If so, please identify the 

regulations and indicate how they 

should be amended. 

• Impact to community banks and 

other small, insured depository 

institutions. 

Æ Question 11: Are there regulations 

in these categories that impose 

outdated, unnecessary, or unduly 

burdensome requirements on a 

substantial number of community 

banks, their holding companies, or other 

small, insured depository institutions or 

holding companies? 

Æ Question 12: Have the agencies 

issued regulations pursuant to a 

common statute that, as applied by the 

agencies, create redundancies or impose 

inconsistent requirements? 

Æ Question 13: Should any of these 

regulations issued pursuant to a 

common statute be amended or repealed 

to minimize this impact? If so, please 

identify the regulations and indicate 

how they should be amended. 

Æ Question 14: Have the effects of any 

regulations in these categories changed 

over time that now have a significant 

economic impact on a substantial 

number of small, insured depository 

institutions or holding companies? If so, 

please identify the regulations and 

indicate how they should be amended. 

The agencies seek information on (1) the 

continued need for the rule; (2) the 

complexity of the rule; (3) the extent to 

which the rule overlaps, duplicates or 

conflicts with other Federal rules, and, 

to the extent feasible, with State and 

local governmental rules; and (4) the 

degree to which technology, economic 

conditions, or other factors have 

changed in the area affected by the rule. 

• Scope of rules. 

Æ Question 15: Is the scope of each 

rule in these categories consistent with 

the intent of the underlying statute(s)? 

Æ Questions 16: Could the agencies 

amend the scope of a rule to clarify its 

applicability or reduce the burden, 

while remaining faithful to statutory 

intent? If so, please identify the 

regulations and indicate how they 

should be amended. 

Specific Interagency Regulations Issued 

Since the Last EGRPRA Review 

• Expanded Examination Cycle for 

U.S. Branches and Agencies of Foreign 

Banks. In December 2018, the agencies 

expanded the number of insured 

depository institutions and U.S. 

branches and agencies of foreign banks 

eligible for an 18-month on-site 

examination cycle. As authorized by the 

Economic Growth, Regulatory Relief, 

and Consumer Protection Act 

(EGRRCPA),11 the agencies’ final rules 

generally allow qualifying insured 

depository institutions with less than $3 

billion in total assets to benefit from an 

extended 18-month on-site examination 

cycle. The rules also make parallel 

changes to the agencies’ regulations 

governing the on-site examination cycle 

for U.S. branches and agencies of 

foreign banks. 

• Reduced Reporting for Covered 

Depository Institutions. In June 2019, 

the agencies established a reduced 

reporting requirement for certain 

covered depository institutions.12

• Margin and Capital Requirements 

for Covered Swap Entities. The agencies 

have issued and modified provisions 

related to margin and capital 

requirements for covered swap entities 

since the last EGRPRA review.13

• Amendments to the Regulations 

Implementing Section 13 of the Bank 

Holding Company Act Regarding 

Proprietary Trading and Relationships 

with Covered Funds. In July 2020, the 

agencies adopted amendments to the 

regulations implementing Section 13 of 

the Bank Holding Company Act (BHC 

Act),14 also known as the Volcker Rule. 

The amendments continued efforts in 

2014, when the agencies amended the 

regulations in a manner consistent with 

certain sections of the EGRRCPA.15

Section 13 of the BHC Act contains 

certain restrictions on the ability of a 

banking entity or nonbank financial 

company supervised by the Board to 

engage in proprietary trading and have 

certain interests in, or relationships 

with, a hedge fund or private equity 

fund (covered funds). The amendments 

were intended to improve and 

streamline the regulations implementing 

Section 13 of the BHC Act by modifying 

and clarifying requirements related to 

the covered fund provisions of the rules 

and to be consistent with EGRRCPA. 

• Computer-Security Incident 

Notification Requirements. In November 

2021, the agencies established 

notification requirements related to 

computer-security incidents that may 

adversely affect insured depository 

institutions.16

Specific OCC Regulations Issued Since 

the Last EGRPRA Review 

• Integration of Applications and 

Reporting rules and Powers and 

Activities rules for Federal Savings 


ddrumheller on DSK120RN23PROD with PROPOSALS1
8088 Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 

17 85 FR 80404 (Dec. 11, 2020). The OCC initially 

integrated its licensing rules for national banks and 

Federal savings associations in 2015. 80 FR 28345 

(May 18, 2015). 

18 85 FR 83686 (Dec. 22, 2020). 

19 12 U.S.C. 1464a. 

20 84 FR 23991 (May 24, 2019). 

21 86 FR 7927 (Feb. 3, 2021). 

22Final rulemakings include: 78 FR 76721 (Dec. 

19, 2013); 79 FR 42182 (Jul. 21, 2014); 79 FR 42183 

(Jul. 21, 2014); 79 FR 63498 (Oct. 24, 2014); 80 FR 

5009 (Jan. 30, 2015); 80 FR 5015 (Jan. 30, 2015); 80 

FR 65612 (Oct. 27, 2015); 80 FR 65903 (Oct. 28, 

2015); 80 FR 65913 (Oct. 28, 2015); 80 FR 79250 

(Dec. 21, 2015); 83 FR 13839 (Apr. 2, 2018); 83 FR 

13843 (Apr. 2, 2018); 83 FR 60333 (Nov. 26, 2018); 

84 FR 31171 (Jul. 1, 2019); 84 FR 65276 (Nov. 27, 

2019); 85 FR 3232 (Jan. 21, 2020); 85 FR 3247 (Jan. 

21, 2020); 85 FR 3250 (Jan. 21, 2020); 86 FR 8082 

(Feb. 3, 2021); 86 FR 8089 (Feb. 3, 2021); 86 FR 

8098 (Feb. 3, 2021). 

23 12 U.S.C. 1829. 

24On December 23, 2022, the President signed 

into law the Fair Hiring in Banking Act (FHBA), 

which significantly revised Section 19 and was 

effective immediately. The FHBA appears at 

Section 5705 of the James M. Inhofe National 

Defense Authorization Act for Fiscal Year 2023, 

Pub. L. 117–263, 136 Stat. 2395, 3411 (2022). The 

FDIC is working on a proposal to amend its Section 

19 regulations under 12 CFR parts 303 and 308 to 

conform with the FHBA. 

25Section 610 of the Regulatory Flexibility Act, 

5 U.S.C. 610, imposes a continuing obligation on 

the agencies to review regulations that may have a 

significant economic impact upon a substantial 

number of small entities, within 10 years after a 

final rulemaking is published. A subset of the rules 

the agencies will review under EGRPRA will also 

be reviewed under the Section 610 review criteria. 

The agencies will indicate which rules are subject 

to Section 610 review. The factors the agencies 

consider in evaluating a rule under 5 U.S.C. 610 are 

(1) the continued need for the rule; (2) the nature 

of complaints or comments received concerning the 

rule from the public; (3) the complexity of the rule; 

(4) the extent to which the rule overlaps, duplicates 

or conflicts with other Federal rules, and, to the 

extent feasible, with State and local governmental 

rules; and (5) the length of time since the rule has 

been evaluated or the degree to which technology, 

economic conditions, or other factors have changed 

in the area affected by the rule. 

Associations and National Banks. In 

December 2020, to the extent 

appropriate and consistent with 

statutory charter differences, the OCC 

integrated its Applications and 

Reporting rules (the majority of which 

are included in the OCC’s licensing 

rules contained in 12 CFR part 5) for 

national banks and Federal savings 

associations.17 Similarly, in December 

2020, to the extent appropriate and 

consistent with statutory charter 

differences, the OCC integrated its 

Powers and Activities rules (which are 

contained in 12 CFR part 7) for national 

banks and Federal savings association.18

• Question 17: Are there additional 

rules that could be integrated, amended, 

or removed? 

• Covered Savings Associations 

Provisions. In 2019, as required by the 

EGRRCPA,19 the OCC established 

standards and procedures for Federal 

savings associations that elected to 

operate as a covered savings association 

under Section 5a of the Home Owners’ 

Loan Act.20

Specific Board Regulations Issued Since 

the Last EGRPRA Review 

• Modified Capital Planning 

Requirements for Certain Holding 

Companies. In 2021, the Board adopted 

a final rule to modify the requirements 

in the Board’s capital plan rule for firms 

with assets of $100 billion or more.21

Among other changes, this rule 

modified regulatory reporting 

requirements for Large Bank Holding 

Companies, Intermediate Holding 

Companies, and Savings and Loan 

Holding Companies. 

Specific FDIC Regulations Issued Since 

the Last EGRPRA Review 

• Transferred Regulations from the 

Office of Thrift Supervision (OTS). 

Pursuant to Section 316(b) of the DoddFrank Act, rules transferred from the 

OTS to the FDIC and other successor 

agencies remain in effect ‘‘until 

modified, terminated, set aside, or 

superseded in accordance with 

applicable law’’ by the relevant 

successor agency, by a court of 

competent jurisdiction, or by operation 

of law. When the FDIC republished the 

transferred OTS regulations as new 

FDIC regulations applicable to state 

savings associations, the FDIC stated in 

its Federal Register notice that its staff 

would evaluate the transferred OTS 

rules and might later recommend 

incorporating the transferred OTS 

regulations into other FDIC rules, 

amending them, or rescinding them. 

This process began in 2013 and 

continues, involving publication in the 

Federal Register of a series of notices of 

proposed rulemakings and final 

rulemakings.22 As of the date of this 

notice, only two of the transferred OTS 

regulations remain. The FDIC will 

consider public comments submitted 

either through the EGRPRA review 

process or through any notice and 

comment rulemaking related to the 

FDIC’s determinations regarding the 

transferred OTS regulations. 

• Amendments to International 

Banking Regulations (Part 347). In 

March 2020, the FDIC revised its 

existing international banking 

regulations (contained in 12 CFR part 

347) to replace references to credit 

ratings in the definition of investment 

grade with an alternative standard of 

creditworthiness and to make changes 

to the eligibility criteria for the types of 

assets that insured branches of foreign 

banks may pledge for the benefit of the 

FDIC. 

• Incorporation of Existing Statement 

of Policy Regarding Requests for 

Participation in the Affairs of an 

Insured Depository Institution by 

Convicted Individuals. In August 2020, 

the FDIC revised its existing regulations 

pertaining to Section 19 of the FDI 

Act 23 (contained in 12 CFR parts 303 

and 308) regarding the FDIC’s 

procedures and standards relating to 

applications for the FDIC’s written 

consent and to incorporate and revise 

the FDIC’s existing Statement of Policy 

for Section 19 of the FDI Act (SOP). The 

incorporation of the SOP into the FDIC’s 

regulations was intended to make the 

application of the SOP more 

transparent, increase certainty 

concerning the FDIC’s application 

process, afford regulatory relief, and 

help both insured depository 

institutions and affected individuals to 

understand the impact of Section 19 and 

to potentially seek relief from it.24

• Rule Regarding Parent Companies 

of Industrial Banks and Industrial Loan 

Companies (Part 354). In February 2021, 

the FDIC adopted a final rule (contained 

in 12 CFR part 354) that requires certain 

conditions and commitments for each 

deposit insurance application approval, 

non-objection to a change in control 

notice, and merger application approval 

that would result in an insured 

industrial bank or industrial loan 

company becoming, on or after the 

effective date of the final rule, a 

subsidiary of a company that is not 

subject to consolidated supervision by 

the Board. The final rule also requires 

that before any industrial bank or 

industrial loan company may become a 

subsidiary of a company that is not 

subject to consolidated supervision by 

the Board, such company and the 

industrial bank or industrial loan 

company must enter into one or more 

written agreements with the FDIC. 

V. The Agencies’ Review of Regulations 

Under Section 610 of the Regulatory 

Flexibility Act (RFA) 

Consistent with past practice, the 

[agencies] will use the EGRPRA review 

to satisfy their respective obligations 

under Section 610 of the RFA.25 To that 

end, for each rule that has a significant 

impact on a substantial number of small 

entities issued in the last 10 years, the 

[agencies] invite comment on (1) the 

continued need for the rule; (2) the 

complexity of the rule; (3) the extent to 

which the rule overlaps, duplicates or 

conflicts with other Federal rules, and, 

to the extent feasible, with State and 

local governmental rules; and (4) the 

length of time since the rule has been 

evaluated or the degree to which 


ddrumheller on DSK120RN23PROD with PROPOSALS1
Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 8089 

26The review will be consistent with the 

requirements of a Regulatory Flexibility Act, 

Section 610 review. The [agencies] will determine 

whether particular rules should be continued 

without change, amended, or rescinded, consistent 

with the objectives of applicable statutes, to 

minimize any significant economic impact of the 

rules on a substantial number of small, insured 

depository institutions. 

technology, economic conditions, or 

other factors have changed in the area 

affected by the rule. The purpose of the 

review will be to determine whether 

such rules should be continued without 

change, or should be amended or 

rescinded, consistent with the stated 

objectives of applicable statutes, to 

minimize any significant economic 

impact of the rules upon a substantial 

number of such small entities. 

The agencies have not identified any 

rules pertaining to Applications and 

Reporting, Powers and Activities, and 

International Operations that would 

have a significant impact on a 

substantial number of small entities. 

The agencies will consider public 

comments submitted through the 

EGRPRA review process and agency 

experience to identify regulations where 

the agencies can reduce burdens that 

have a significant impact on a 

substantial number of small, insured 

depository institutions.26

BILLING CODE 4810–33–; 6210–01–; 6714–01–P 


ddrumheller on DSK120RN23PROD with PROPOSALS1

EP06FE24.002</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

(processing and notice) 

12 CFR Part 225 

SubpartB 

IReg. YI 

Change in Bank Control 112 CFR5.50 I 12 CFR Part 225, 12 CFR Part 303, 12 CFR5.50 12 C

SubpartE SubpartE 303,

[Reg. Y] E 

12 CFR Part 308, 

Subparts D and E 

Notice of Addition or Change 112 CFR 5.51 1 12 CFR Part 225, 12 CFR Part 303, 12 CFR5.51 12 C

of Directors SubpartH SubpartF 303, 

[Reg. Y] F 

Reduced Reporting for 12 CFR Part 52 12 CFR Part 208, 12 CFR Part 304, 12 CFR Part 52 12 C

Covered Depository Subpart K [Reg. H] SubpartB 304,

Institutions B 

Computer-Security Incident 12 CFR Part. 53 12 CFR Part 225, 12 CFR Part. 304, 12 CFR Part. 53 12 C

Notification Requirements Subpart N [Reg. YI Subpart C 304,

C 

12 CFRPart5 

Savings Association Rules, 

Policies, and Procedures for 

Co orate Activities 

Federal Savings Association 12 CFR Part 192 12 C

Mutual to Stock Conversions 192 

(Con

from 

to St

Fann 

Federal Savings Association I I I I 12 CFR 145.92 I 

Offices 

EP06FE24.003</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Federal Savings Association 

Accounting and Disclosure 

Standards 

Concentration Limits 

Holding Companies -Formations, Acquisitions and 

Nonbanking Activities 

State Member Banks 

llJoardJ 

12CFR 

[Reg.XX) 

>tF.IUCRr 

12 CFR Part 208 [Reg. 

H], 

Subparts A, B, 

C,G 

12 CFR Part 209 [Reg. 

I] 

12 CFR Part 262.3 

EP06FE24.004</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Call Reports and Other 

Forms, Instructions and 

Reports Deposit Insurance Filing 

Procedures 

Extension of Corporate 

Powers Filing Procedures and Delegations of Authority 

Industrial Banks and 

Proprietary Trading and 

Relationships with Covered 

Funds Retail Foreign Exchange 

Transactions 

National Bank and Federal 

Savings Association Powers 

National Bank Electronic 

Activities 

National Bank Connnunity 

Development Corporations, 

Community Development 

1

12 CFRPart304 

(excluding 304.3(d)) 1

12 CFR Part 304 

(excluding 304.3(d)) 

I I 

1 12 CFR Part 303, Subpart 112 CFR Part 303, B SubpartB 

12 CFR Part 48 12 CFRPart 7, Subpart A 12 CFRPart 7, SubpartE 12 CFR Part 24 

12 CFR Part 240 

fReg. NN] 

112 CFR Part 304 

12 CFR Part 303, 

SubpartB 

12 CFRPart 333 

12 CFR Part 303 12 CFR Part. 354 12 CFR Part 349 

1

12 CFR Part 304 

(excluding 304.3(d)) 

12 CFR Part 303, 

SubpartB 

12 CFR Part 48 12 CFR Part 7, 

Subpart A 

1

12 CF

304 

12 CF

303,S

B 

12 CF

333 

12 CF

303 

12 CF

349 

EP06FE24.005</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Projects, and Other Public 

Welfare Investments 

National Bank Debt 

Cancellation Contracts and 

Debt Suspension Agreements 

12 CFR Part 37 

National Bank Fiduciary I 12 CFR Part 9 

Activities 

Investment in National Bank I 12 CFR 5.37 

or Federal Savings 

Association Premises 

National Bank Investment I 12 CFR Part 1 

Securities 

National Bank Leasing I 12 CFR Part 23 

National Bank Real Estate 112 CFR Part 34, Subparts 

Lending A and B 

National Bank Sales of Credit I 12 CFR Part 2 

Life Insurance 

Federal Savings Association 

General 

Federal Savings Association Deposits Federal Savings Association 

Electronic Operations 

12 CFRPart 1 

12 CFR5.37 12 CFRPart 145; See 

also: 12 CFR Parts 

143, 144, (Federal 

Mutual Savings 

Associations) 

12 CFR Parts 157, 

161 (definitions) 12 CFR Part 155 

EP06FE24.006</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Federal Savings Association 

Fiduciary Powers Federal Savings Association 

Lending and Investment 

Preemption of Stale Due-On- I 12 CFR Part 191 

Sale Laws (Implementation 

of Garn-St Germain) 

Preemption of State Usury I 12 CFR Part 190 

Laws (Implementation of 

DIDMCA) Federal Savings Association 

Subordinate Organizations 

Retail Foreign Exchange 

Transactions 

Preemption Generallv 

Covered Savings 

Associations 

Bank Holding Companies, Financial Holding 

Companies, 

Savings and Loan Holding 

Companies 

(General provisions not 

included elsewhere in this 

list) 

12 CFR Part 48 12 CFRPart 7, SubpartD 

')fgahf ... 

12 CFR Part 150 

12 CFR Part 160 

12 CFR Part 191 12 CFRPart 191 12CFRPart 191 

12 CFR Part 190 12 CFR Part 190 12 CFR Part 190 

12 CFR 5.38 and 5.59 

12 CFR Part 48 

12 CFR 7.4010 

12CFRPart 101 

12 CF191 12 CF

190 

EP06FE24.007</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Activities and Operations 

Community Development; 

Public Welfare Investments; 

Investment in Bank Premises; 

Inveslmenl Securities 

Fiduciary Aclivilies 

Leasing of 

Real Property Personal Property Real Estate Lending 

Sales of Insurance 

Activities of Insured State 

Banks 

Activities of Insured State 

Savings Associations 

Request~ for Participation in 

the Affairs of an Insured 

Depository Institution by 

Convicted Individuals 

(Section 19 of the FDI Act) 

12 CFR Part 301, Subpart 

L; 

12 CFR Part 308, Subpart 

M 

12 CFR Part 208, 

208.37, 

Subparts A, G [Reg H] 

12 CFR Part 209 12 CFR Part 208, 

Subpart B LReg HJ 

12 CFRPart 

225.28(b)(5 

12 CFRPart 

225.28(b)(3) [Reg. Y] 

12 CFR Part 208, 

Subpart E [Reg H] 

12 CFR Part 208, 

Subpart H [Reg H] 

12 CFR Part 362, 

Subpart A; 

12 CFR Part 303, 

SubpartG 

12 CFR Part 303, 

SubpartL; 

12 CFR Part 308, 

SubpartM 

12 CFR Part 362, 

Subparts A, B, and E; 

12 CFRPart 303, 

SubpartG 

12 CFR Part 303, 

SubpartL; 

12 CFRPart 308, 

SubpartM 

12 CFR Part 303, 

SubpartL; 

12 CFR Part 308, 

SubpartM 

12 CFR

362,Su

C andD

12 CFR

303,Su

H 

12 CFR 

303,Su

L; 

12 CFR

308,Su

M 

EP06FE24.008</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

International Lending 

Supervision 

Margin and Capital Requirements for Covered 

Swap Entities 

;int" 

12 CFR Part 28, Subpart 

C 

12 CFR Part 45 

Expanded Examination Cycle I 12 CFR Part 4, Subpart A 

for Certain Small Insured 

Depository Institutions and 

U.S. Branches and 

Agencies of Foreign Banks 

Foreign Operations of 

National Banks 

International Operations of 

U.S. Bankmg Organizations 

Edge and Agreement 

Corporations 

Foreign Banking 

Organizations 

Interstate Banking Operations 

Nonbanking Activities 

U.S. Offices 

Export Trading Companies; 

International Lending 

Supervision 

Foreign Banking 

Organizations: 

Stress Tests, Risk 

Committee, 

12 CFR Part 211, Subpart 

A LReg. KJ 

12 CFRPart211.5-7 

[Reg. K] 

12 CFR Part 211, 

Subpart D 

[Reg. K] 

12 CFR Part 347, 

Subpart C 

12 CFR Part 237 [Reg. I 12 CFR 349 

KK] 

12 CFRPart211, 

Subpart B [Reg. K] 

12 CFR Part 211, 

Subpart A LReg. KJ 

12 CFRPart 211.5-7 

[Reg. K] 

12 CFR 347, Subpart 

B 

12 CFRPart45 

12 CFR Part 4, 

Subpart A 

12 CF

12 CF

Subpa

EP06FE24.009</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Foreign Banking and 

Investment by Insured State 

Nonmember Banks 

Assessment of Pees 

National Bank and Federal 

Savings Associations 

Operations 

Savings Association 

Operations 

Definitions for Regulations 

Affecting Federal Savings Associations 

Definitions for Regulations 

Affecting All Savings Associations 

12 CFRPart 8 12 CFR Part 7, 

SubpartC 

······•• Bo~•··· 

Assessment of Fees 

12 CFR Part 347, 

Subpart A; 

12 CFR Part 303, 

Subpart J 

12 CFRPartS 12 CFR Part 7, 

Subpart C 

12 CFR Part 163 12 CFR Part 141 12 CFR Part 161 

EP06FE24.010</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Availability of Funds and 12 CPR Part 229 12 CPR Part 229 12 CPR Part 229 12 CPR Part 229 12 CPR 

Collection of Checks [Reg. CC] [Reg. CC] [Reg. CC] [Reg. CC] [Reg. CCCollection of Checks and 12 CFRPart210 12 CPR Part 210 12 CPR Part 210 12 CPR Part 210 12 CPR 

Other Items by Federal LReg. JJ LReg. JJ LReg. JJ LReg. JJ LReg. JJ 

ReseJVe Banks and Funds 

Transfers Throu h Fedwire 

Debit Card Interchange Fees 12 CPR Part 235 12 CPR Part 235 12 CPR Part 235 12 CPR Part 235 12 CPR 

e .I e . II e .I e. e . I 

Reimbursement for Providing 12 CFR Part.219 12 CFR Part. 219 12CFRPart.219 12CFRPart.219 12 CFR 

Financial Records; [Reg. SJ [Reg. SJ [Reg. SJ [Reg. SJ [Reg. SJ Recordkeeping Requirements 

for Certain Financial Records 

Reserve Requirements of 12 CPR Part 204 12 CPR Part 204 12 CPR Part 204 12 CPR Part 204 12 CPR Depository Institutions [Reg. DJ [Reg. DJ [Reg.DJ [Reg.DJ [Reg. DJ 

The Payment System Risk Federal Reserve Federal Reserve Federal Reserve Federal Reserve Federal 

Reduction Policy Regulatory Service Regulatory Service Regulatory Service Regulatory Service Regulato

9-1000 9-1000 9-1000 9-1000 Service 

Assessments 12 CPR Part 327 12 CPR Part 327 12 CPR Part 327 

Capital Adequacy: 12 CPR Part 3, 12 CPR Part 217, 12 CPR Part 324, 12 CPR Part 3, 12 CPR 

General Provisions Subparts A-C, G Subparts A-C, G Subparts A-C, G Subparts A-C, G Subpart

Ratio Requirements and [Reg. QJ Buffers Definition of Capital 

Transition Provisions 

Capital Adequacy: 12 CPR Part 3, 12 CPR Part 217, 12 CPR Part 324, 12 CPR Part 3, 12 CPR 

Risk-Weighted Assets- SubpartD Subpart D LReg. QJ SubpartD SubpartD Subpart 

Standardi7ed Approach 

EP06FE24.011</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Capital Adequacy: 

Risk-Weighted AssetsInternal Ratings-Based and 

Advanced Measurement Approaches 

Capital Adequacy: 

Risk-Weighted AssetsMarket Risk 

Prompt Corrective Action 

12 CFRPart3, 

SubpartF 

12 CFRPart6 

Capital Adequacy: 112 CFR Part 3, Subparts 

Establislunent of Minimum H-K 

Capital Ratios for an 

Individual Bank or Individual 

Federal Savings Association 

Enforcement Issuance of a 

Directive Interpretations 

Ammal Stress Tests I 12 CFR Part 46 

Changes in Permanent Capital I 12 CFR 5.46-.47 

of a National Bank or Federal 

Savings Association; Subordinated Debt Issued by a 

National Bank or Federal 

Savings Association 

12 CFRPart217, 

Subpart F [Reg. Q] 

12 CFR Part 208, 

Subpart D [Reg. H]; 

12 CFR Part 263, 

SubpartH 

12 CFR Part 324, 

SubpartF 

12 CFR Part 324, 

SubpartH 

12 CFR Part 3, 

SubpartF 

12 CFR Part 6; 12 CFR 165.8; 12 CFR 165.9 12 CFR Part 3, 

Subparts H-K 

12 CFR Part 46 12 CFR 5.45, 5.56 

12 CFR 

Subpart

12 CFR 

Subpart

EP06FE24.012</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Capital Planning 

Stress TestsU.S. Organizations 

Company Run and 

Supervisory 

Total Loss-Absorbing 

Capacity, Long Tenn Debt, 

and Clean Holding 

Company Requirements 

Disclosure and Reporting of 

CRA-Rclatcd Agreements 

of Insurance 

12 CFR Part 35 

12 CFR Part 252, 

Subparts B, E, and F 

LReg. YYJ 

12 CFR Part 207 

[Reg. G] 

12 CFR Part 346 12 CFR Part 35 

1 Community development regulations are being published for comment as part of the Powers and Activities category. 

12 CFR 

2 Regulations for which rulemaking authority has transferred to the CFPB are not included in this Consumer Protection category. As desc

Supplementary Information section of this notice, the CFPB is required to review its significant rules and publish a report of its review no 

after they take effect, in a process separate from the EGRPRA process. 

EP06FE24.013</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Fair Housing I 12 CFR Part 27 I I 12 CFR Part 338 I 12 CFR Part 128 I 12 CFR 

(including other 

nondiscrimination reauirements 

Loans in Identified Flood 12 CFR Part 22 12 CFR Part 208.25 I 12 CFR Part 339 I 12 CFR Part 22 I 12 CFR 

Hazard Areas [Reg. HJ 

I 

Prohibition Against Use of 12 CFR Part 25, 12 CFR Part 208. 7 I 12 CFR Part 369 

Interstate Branches Primarily SubpartE [Reg. HJ 

for Deposit Production 

Infonnation Security 12 CFR Part 30, Appx. B 12 CFR Part 208, 12 CFR Part 364, 12 CFR Part 30, 12 CFR 

Standards Appx. D-2 [Reg. Hl Appx.B Appx.B Appx.B 

Fair Credit Reporting Act 12 CPR Part 41, 12 CFR Part 222, 12 CFR Part 334, 12 CFR Part 41, 12 CFR 

Duties of Users of Consumer Subpart I Subpart I [Reg V] Subpart I Subpart I Subpart 

Reports Regarding Address Discrepancies and Records Disposal Fair Credit Reporting Act 12 CPR Part 41, 12 CFR Part 222 12 CFR Part 334, 12 CFR Part 41, 12 CFR 

Consumer Information SubpartJ Subpart J [Reg V] SubpartJ SubpartJ Subpart

Federal Savings Association 12 CFR 163.27 

Advertising 

Federal Savings Association I I I I 12 CFR 163.36 

Tying Restriction Exception 

Residential Mortgage Lending 12 CFR Part 30, Appx. C 

Practices 

Advertisement of Membership 12 CFR Part 328 12 CFR Part 328 12 CFR Part 328 12 CFR Part 328 12 CFR 

Deposit Insurance Coverage 12 CFR Part 330 12 CFR Part 330 12 CFR Part 330 12 CFR Part 330 12 CFR 

EP06FE24.014</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Certification of Assumption of I 12 CFR Part 307 

Deposits and Notification of 

Changes of Insured Status 

Federal Interest Rate 

Authori 

Limits on Extensions of Credit 112 CFR Part 31 

to Executive Officers, 

Directors and Principal 

Shareholders; Related 

Disclosure Requirements Management Official 

Interlocks 

National Bank Activities and 

Operations 

Federal Savings Association 

Operations 

Federal Savings Association Restrictions on Transactions 

with Officers, Directors, and 

Others 

12 CFR Part 26 

12 CFR Part 7, Subpart 

B-C 

12 CFR Part 307 12 CFR Part 307 12 CFR Part 33 l 12 CFR Part 33 l 

1

12 CFRPart 215 I 12 CFR 337.3 

[Reg.OJ 

12 CFR Part. 212 12 CFR Part. 348 

[Reg. L] 

12 CFR Part 307 

I 12 CFR Part 31 

12 CFR Part. 26 12 CFR Part 163 12 CFR Part 31; 12 

CFR 160.130 

12 CFR 

I 12 CFR 

12 CFR 

EP06FE24.015</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Bank Secrecy Act Compliance I 12 CFR Part 21, 

SubpartC 

Reports of Crimes or 

Suspected Crimes 

Uniform Rules of Practice and 

Procedure 

Voluntary Liquidation of a 

National Bank or Federal 

Savings Association 

Federal Savings Association 

Investigative Proceedings and 

Formal Examinations Federal Savings Association Removals, Suspensions and Prohibitions Where a Crime is 

Charged or Proven 

Orderly Liquidation Authority 

12 CFR Part 21, 

SubpartB 

Resolution and Receivership I 12 CFR Part 360 Rules Recordkeeping for Timely I 12 CFR Part 370 Deposit Insurance 

Determination Recordkeeping Requiremenls I 12 CFR Part 371 

for Qualified Financial 

Contracts 

12 CFR Part 208.63 

[Reg. Hl 

12 CFR Part 326, 

SubpartB 

12 CFR Part 208.62- I 12 CFR Part 353 

.63 [Reg. H] 

12 CFR Part 360 12 CFR Part 360 12 CFR Part 370 12 CFR Part 370 12 CFR Part 371 12 CFR Part 371 

12 CFR Part 21, 

Subpart C 

12 CFR 

Subpart

12 CFR 163.180(d) I 12 CFR 12 CFR 5.48 12 CFR Part 112 12 CFR Part 108 12 CFR Part 360 12 CFR 12 CFR Part 370 12 CFR 12 CFR Part 371 12 CFR 

EP06FE24.016</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Appraisal Standards for 

1

12 CFR Part 34, 

1

12 CFR Part 208.50 112 CFR Part 323 1 12 CFR Part 34, 1 12 CFR 

Federally Related SubpartC LReg. HJ; 12 CFR Subpart C 

Transact.ions Part 225, Subpart G 

eg. Yl 

Real Estate Lending Standards 12 CFR Part 34, Subpart 12 CFR Part 208, 12 CFR Part 365, 12 CFR 160.101 12 CFR 

D Appx. C [Reg Hl Subpart.A Subpart

Appraisals: 12 CFR Part 34, 12 CFR Part 226.43; 12 CFR Part 1026 12 CFR Part 34, 12 CFR

Higher-priced Mort.gages Subpart G 12 CFR Part 226, [Reg. Z] Subpart G 1026 

Appx. N and 0, and [Reg.Z] 

Supp. I [Reg. Zl 

Appraisal Management 12 CFR Part 34, Subpart 12 CFR Part 225, 12 CFR Part 323, 12 CFR Part 34, 12 CFR 

Com anv Minimum Standards H Sub M e . Sub artB Sub artH Sub art

Credit Risk Retention 12 CFR Part 43 12 CFR Part 244 12 CFR Part 373 12 CFR Part 43 12 CFR 

[Reg. RR] 

Frequency of Safety and 112 CFR 4.6-.7 1 12 CFR Part 208.64 12 CFR 337.12 12 CFR4.6 I 12 CFR 

Soundness Examination [Reg. H] (See also: 

12 CFR 163.170 

Liquidity Risk I 12 CFR Part 50 I 12 CFR Part 249 

[Reg. WW] 

12 CFR Part 329 12 CFR Part 50 12 CFR 

EP06FE24.017</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Mandatory Contractual Requirements for Qualified 

Financial Contracts Resolution Plans 12 CFRPart360.10 

Safety and Soundness 12 CFR Part 30 

Standards generally; 12 CFR Part 

30,Appx. A 

Transactions with Affiliates 12 CFR Part 223 

LReg. WJ; 

12 CFR Part31 

Heightened Standards 12 CFR Part 30, 

Guidelines A x.D 

Lending Limits 12 CFRPart32 

Recovery Plamiing Guidelines I 12 CFR Part 30, Appx. E 

Other Real Estate Owned I 12 CFR Part 34, 

Federal Savings Association 

Financial Management Policies Federal Savings Association 

Lending and Investment -

Additional Safety and 

Soundness Limitations 

SubpartE 

12 CFR Part 360.10 12 CFR Part 208, 

Appx. D-1 [Reg. H] 

12 CFR Part 223 

LReg. WJ 

12 CFR Part 360.10 12 CFR Part 364, 

Appx.A 

12 CFR Part 223 LReg. 

WJ 

12 CFR Part 360.10 12 CFR Part 30 

generally; 12 CFR 

Part 30, Appx. A 

12 C.F.R. Part223 

LReg. WJ; 

12 C.F.R. Part31 12 CFR Part 30, 

A x.D 

12 CFR Part 32 12 CFR Part 30, 

Appx.E 

12 CFR Part 34, 

SubpartE 

12 CFR Part 163, 

SubparlF 

12 CFR Part 160 

12 CFR

360.10 

12 CFR 

Appx. A 

12 CFR 

LReg. W

12 CFR 12 CFR 

EP06FE24.018</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Apprnisals: I 1 12 CFR Pmt 226.42; 

1

12 CFR Part 1026 

I I 

Appraiser Independence 12 CFR Part 226, [Reg. Zl 

Supp. I [Reg. Zl 

Definitions related to the 

Financial Stability Oversight 

Council 

Enhanced Prudential 

Standards 

Risk Committee Requirement 

(for certain BHCs) 

Standards for BHCs 

with consolidated assets $50 

billion or more and less than 

$100B 

Enhanced Prudential 

Standards 

Risk Committee Requirement 

(for certain BHCs) 

Standards for BHCs 

with consolidated assets $ 100 

billion or more 

Extensions of Credit by 12 CFR.Part201 12 CFR Part 201 12 CFR Part 201 12 CFR Part 201 12 CFR 

Federal Resenre Banks [Reg. A] [Reg. A] [Reg. A] [Reg. A] [Reg. A] 

Financial Market Utilities 12 CFR Part. 234 

[Reg. HHl 

Limitations on Interbank 12 CFR Part 206 12 CFR Part 206 12 CFR Part 206 12 CFR Part 206 12 CFR 

Liabilities [Reg. F] [Reg. F] [Reg. F] [Reg. F] [Reg. F] 

Securities Holding Companies 

EP06FE24.019</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Annual Independent Audits 12 CFR Part 363 12 CFR Part 363 12 CFR Part 363 I 12 CFR Part 363; I 12 CFR 

andRe orli Re uirements 

Unsafe and Unsound Banking 12 CFR337.2 

Practices (Standby Letters of 

Credit) 

12 CFR337.6 12 CFR337.6 12 CFR337.6 12 CFR337.6 12 CFR

Banks as Registered Clearing 12 CFR 19.135 12 CFR Part 208.32- 12 CFR Part 308, 

Agencies 33 [Reg. H] Subpart S 

Banks as Securities Transfer 12 CFR 9.20 12 CFRPart208.31 12 CFR Part 341 

Agents rReg.Hl 

Government Securities Sales 12 CFR Part 13 12 CFR Part 208.37 12 CFR Part 368 

Practices rRcg.Hl 

Recordkeeping and 12 CFR Part 12 12 CFR Part 208.34 12 CFR Part 344 I 12 CFR Part 151 I 12 CFR 

Confinnation of Securities [Reg. H] 

Transactions Effected by 

Bauks Reporting Requirements for 12 CFR Part 11 12 CFR Part 208.36 12 CFR Part 335 12 CFR Part 11 12 CFR 

Reported Securities Under the [Reg. H] 12 CFR 

Securities Exchange Act of Subpart 

1934 CFR Pa

Sub art

Securities Offerings 12 CFRPart 16 12 CFR Part 335 12 CFR Part 16 12 CFR 

12 CFR 

Subpart 

CFR Par

Sub art

EP06FE24.020</GPH>ddrumheller on DSK120RN23PROD with PROPOSALS1

Federal Savings Associations 

Proxies Federal Savings Associations Rules on the Issuance and 

Sale of Institution Securities 

Credit by Banks and Persons 

Other than Brokers or Dealers 

for the Purpose of Purchasing 

or Carrying Margin Stock 

12 CPRPart221 

[Reg. U] 

12 CPR Part 221 

[Reg. U] 

12 CPR Part 221 

[Reg. U] 

12 CPR Part 169 12 CPR 163.5; 12 CPR Part 163, 

Subpart C 

12 CPR Part 221 

[Reg. U] 

12 CPR 12 CPR 

[Reg. U] 
Federal Register / Vol. 89, No. 25 / Tuesday, February 6, 2024 / Proposed Rules 8109 

Michael J. Hsu, 

Acting Comptroller of the Currency. 

By order of the Board of Governors of the 

Federal Reserve System. 

Ann E. Misback, 

Secretary of the Board. 

Federal Deposit Insurance Corporation. 

By order of the Board of Directors. 

Dated at Washington, DC, on January 16, 

2024. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2024–02016 Filed 2–5–24; 8:45 am] 

BILLING CODE 4810–33–; 6210–01; 6714–01–C 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2024–0218; Project 

Identifier AD–2023–00779–T] 

RIN 2120–AA64 

Airworthiness Directives; The Boeing 

Company Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: The FAA proposes to adopt a 

new airworthiness directive (AD) for all 

The Boeing Company Model 787–8, 

787–9, and 787–10 airplanes. This 

proposed AD was prompted by a 

determination that the flight deck door 

decompression panel can strike the 

captain’s seat headrest if a flight deck 

decompression event occurs when the 

seat is in a certain position. This 

proposed AD would require, for certain 

airplanes, replacing the affected 

captain’s seat assembly. This proposed 

AD would also prohibit the installation 

of affected parts. The FAA is proposing 

this AD to address the unsafe condition 

on these products. 

DATES: The FAA must receive comments 

on this proposed AD by March 22, 2024. 

ADDRESSES: You may send comments, 

using the procedures found in 14 CFR 

11.43 and 11.45, by any of the following 

methods: 

• Federal eRulemaking Portal: Go to 

regulations.gov. Follow the instructions 

for submitting comments. 

• Fax: 202–493–2251. 

• Mail: U.S. Department of 

Transportation, Docket Operations, M– 

30, West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue SE, 

Washington, DC 20590. 

• Hand Delivery: Deliver to Mail 

address above between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

AD Docket: You may examine the AD 

docket at regulations.gov under Docket 

No. FAA–2024–0218; or in person at 

Docket Operations between 9 a.m. and 

5 p.m., Monday through Friday, except 

Federal holidays. The AD docket 

contains this NPRM, any comments 

received, and other information. The 

street address for Docket Operations is 

listed above. 

Material Incorporated by Reference: 

• For service information identified 

in this NPRM, contact Boeing 

Commercial Airplanes, Attention: 

Contractual & Data Services (C&DS), 

2600 Westminster Blvd., MC 110–SK57, 

Seal Beach, CA 90740–5600; telephone 

562–797–1717; website 

myboeingfleet.com. 

• You may view this service 

information at the FAA, Airworthiness 

Products Section, Operational Safety 

Branch, 2200 South 216th St., Des 

Moines, WA. For information on the 

availability of this material at the FAA, 

call 206–231–3195. It is also available at 

regulations.gov by searching for and 

locating Docket No. FAA–2024–0218. 

FOR FURTHER INFORMATION CONTACT: 

Nicole S. Tsang, Aviation Safety 

Engineer, FAA, 2200 South 216th St., 

Des Moines, WA 98198; telephone 206– 

231–3959; email Nicole.S.Tsang@

faa.gov. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

The FAA invites you to send any 

written relevant data, views, or 

arguments about this proposal. Send 

your comments to an address listed 

under ADDRESSES. Include ‘‘Docket No. 

FAA–2024–0218; Project Identifier AD– 

2023–00779–T’’ at the beginning of your 

comments. The most helpful comments 

reference a specific portion of the 

proposal, explain the reason for any 

recommended change, and include 

supporting data. The FAA will consider 

all comments received by the closing 

date and may amend this proposal 

because of those comments. 

Except for Confidential Business 

Information (CBI) as described in the 

following paragraph, and other 

information as described in 14 CFR 

11.35, the FAA will post all comments 

received, without change, to 

regulations.gov, including any personal 

information you provide. The agency 

will also post a report summarizing each 

substantive verbal contact received 

about this NPRM. 

Confidential Business Information 

CBI is commercial or financial 

information that is both customarily and 

actually treated as private by its owner. 

Under the Freedom of Information Act 

(FOIA) (5 U.S.C. 552), CBI is exempt 

from public disclosure. If your 

comments responsive to this NPRM 

contain commercial or financial 

information that is customarily treated 

as private, that you actually treat as 

private, and that is relevant or 

responsive to this NPRM, it is important 

that you clearly designate the submitted 

comments as CBI. Please mark each 

page of your submission containing CBI 

as ‘‘PROPIN.’’ The FAA will treat such 

marked submissions as confidential 

under the FOIA, and they will not be 

placed in the public docket of this 

NPRM. Submissions containing CBI 

should be sent to Nicole S. Tsang, 

Aviation Safety Engineer, FAA, 2200 

South 216th St., Des Moines, WA 98198; 

telephone 206–231–3959; email 

Nicole.S.Tsang@faa.gov. Any 

commentary that the FAA receives that 

is not specifically designated as CBI will 

be placed in the public docket for this 

rulemaking. 

Background 

The flight deck door decompression 

panel opens forward if a flight deck 

decompression event occurs. The FAA 

previously certificated flight deck doors 

to include this functionality. The FAA 

has since determined that the 

decompression panel could strike the 

captain’s head or face if the seat is in the 

aft track position with full recline and 

full seat pan tilt during a flight deck 

decompression event. The captain’s seat 

headrest is in the path of the 

decompression panel when the seat is in 

the aft track position with full recline 

and full seat pan tilt. The 

decompression panel opens in 

approximately 20 to 50 milliseconds 

and can strike the captain’s seat 

headrest. The FAA is issuing this AD to 

address the possibility that the 

decompression panel could strike the 

captain’s head or face. The unsafe 

condition, if not addressed, could result 

in serious or potentially fatal injury to 

the captain after a flight deck 

decompression event. 

FAA’s Determination 

The FAA is issuing this NPRM after 

determining that the unsafe condition 

described previously is likely to exist or 

develop on other products of the same 

type design. 

Related Service Information Under 1 

CFR Part 51 

The FAA reviewed Boeing Special 

Attention Requirements Bulletin B787– 

81205–SB250294–00 RB, Issue 001, 

dated June 14, 2023. This service 


ddrumheller on DSK120RN23PROD with PROPOSALS1