Source: https://www.federalregister.gov/articles/2011/06/21/2011-15342/disclosure-of-information-privacy-act-regulations-notice-and-amendments
Timestamp: 2016-08-31 23:24:53
Document Index: 51590683

Matched Legal Cases: ['arts 503', 'arts 309', 'arts 309', 'arts 309', 'ART 309', 'art 309', '§ 309', '§ 309', '§ 309', '§ 309', '§ 309', '§ 309', '§ 309', '§ 309', 'ART 310', 'art 310', '§ 301', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310', '§ 310']

Federal Register | Disclosure of Information; Privacy Act Regulations; Notice and Amendments
Dates: The effective date of the Interim Rule is July 21, 2011. Written comments must be received by the FDIC no later than August 22, 2011.
Document Number: 2011-15342
Shorter URL: https://federalregister.gov/a/2011-15342 Related Topics
Disclosure of Information; Privacy Act Regulations; Notice and Amendments 4 actions from June 21st, 2011 to December 2011
E-mail: Comments@FDIC.gov. Include RIN 3064-AD83 in the subject line of the message.
Public Inspection: All comments received will be posted without change to http://www.fdic.gov/regulations/laws/federal including any personal information provided. Paper copies of public comments may be ordered from the Public Information Center by telephone at 1-(877) 275-3342 or 1-(703) 562-2200.
The OTS regulations governing Freedom of Information Act and Privacy Act issues are contained in 12 CFR parts 503 and 505. Because the OTS, unlike the FDIC, is a component part of the Department of the Treasury (Treasury), the OTS rules supplement Treasury's FOIA and PA regulations. 12 CFR parts 309 and 310 of the FDIC's regulations also implement the relevant provisions of the FOIA and PA, but do not rely on Treasury's regulations. Both the OTS and FDIC rules describe the agency processes and procedures regarding FOIA and PA issues.
III. Section-By-Section Description of the Interim Rule Back to Top
Section 309.1Purpose and scope. Section 309.1 is revised to indicate that the FDIC's disclosure regulations apply to the disclosure of information transferred to the FDIC from the OTS pursuant to sections 312 and 323 of the Act.
Section 309.4Publicly available records. Section 309.4(b) is revised to change the address of the FDIC's Public Information Center.
Section 309.5Procedures for requesting records. Section 309.5(b)(ii) is revised to change the facsimile number for the FDIC FOIA/PA Group. Section 309.5(b)(iii), (f)(4)(ii), and (h)(1) are revised to make changes to the FDIC FOIA/PA Group address.
Section 309.6Disclosure of exempt records. Section 309.6(b)(3) is revised to substitute the Bureau of Consumer Financial Protection and the Financial Stability Oversight Council for the OTS and section 309.6(b)(5) to replace the reference to “bank” with “depository institution” and make other non-substantive conforming changes.
Section 310.1Purpose and scope. Section 310.1 is revised to indicate that the FDIC's disclosure regulations apply to the disclosure of information transferred to the FDIC from the OTS pursuant to sections 312 and 323 of the Act.
Section 310.3Procedures for requests pertaining to individual records in a system of records. Section 310.3(b) is revised to make changes to the FDIC FOIA/PA Group address.
Section 310.4Times, places, and requirements for identification of individuals making requests. Section 310.4(a) is revised to make changes to the FDIC FOIA/PA Group address.
Section 310.7Request for amendment of record. Section 310.7 is revised to make changes to the FDIC FOIA/PA Group address.
Section 310.8Agency review of request for amendment of record. Section 310.8(a) is revised to delete the “Senior Attorney” references.
Section 310.9Appeal of adverse initial agency determination on access or amendment. 310.9(a) is revised to make changes to the FDIC FOIA/PA Group address.
IV. Effective Date of the Interim Rule Back to Top
The Interim Rule will apply to all existing and future FOIA and PA issues involving State savings associations as of the Transfer Date. In this regard, the FDIC invokes the good cause exception to the requirements in the Administrative Procedure Act (“APA”) that, before a rulemaking can be finalized, it must first be issued for public comment and, once finalized, must have a delayed effective date of 30 days from the publication date.
The FDIC believes good cause exists for making the Interim Rule effective immediately on the Transfer Date. Since the OTS will continue to function as a Federal banking agency until the Transfer Date and is a component part of the Department of Treasury, its existing rules will need to remain in place until the Transfer Date. On the Transfer Date, however, the OTS will cease functioning as a Federal banking agency and its responsibility for FOIA and PA issues relating to State savings associations will transfer to the FDIC. As indicated above, the FDIC believes that the existence of essentially duplicate FOIA and PA regulations on the Transfer Date creates the possibility of public confusion. Therefore, the FDIC is providing this Interim Rule before the Transfer Date to provide clarity on this issue to the public and to facilitate a smooth transition of covered matters from the OTS to the FDIC.
List of Subjects in 12 CFR Parts 309 and 310 Back to Top
For the Reasons stated above, the Board of Directors of the Federal Deposit Insurance Corporation amends parts 309 and 310 of chapter III of title 12 of the Code of Federal Regulations as follows:
PART 309—DISCLOSURE OF INFORMATION Back to Top
1.The authority citation for part 309 continues to read as follows: Authority:
2.Revise § 309.1 to read as follows: § 309.1 Purpose and scope.
3.Revise § 309.4(b) to read as follows: § 309.4 Publicly available records.
4.In § 309.5 revise paragraphs (b)(1)(ii), (b)(1)(iii), (f)(4)(ii), and (h)(1) to read as follows: § 309.5 Procedures for requesting records.
(ii) By facsimile clearly marked Freedom of Information Act Request to the FOIA/PA Group: (703) 562-7977; or
5.In § 309.6, revise paragraphs (b)(3) and (b)(5) to read as follows: § 309.6 Disclosure of exempt records.
PART 310—PRIVACY ACT REGULATIONS Back to Top
6.The authority citation for part 310 continues to read as follows: Authority:
7.Revise § 301.1 to read as follows: § 310.1 Purpose and scope.
8.Revise § 310.3(b) to read as follows: § 310.3 Procedures for requests pertaining to individual records in a system of records.
(b) Requests by individuals for access to records pertaining to them and maintained within one of the Corporation's designated systems of records should be submitted in writing to the Federal Deposit Insurance Corporation, Attn: FOIA/PA Group, 550 17th Street, NW., Washington, DC 20429. Each such request should contain a reasonable description of the records sought, the system or systems in which such record may be contained, and any additional identifying information, as specified in the Corporation's Federal Register“Notice of Systems of Records” for that particular system, copies of which are available upon request from the FOIA/PA Group.
9.Revise § 310.4(a) to read as follows: § 310.4 Times, places, and requirements for identification of individuals making requests.
10.Revise § 310.7 to read as follows: § 310.7 Request for amendment of record.
11.Revise § 310.8(a) to read as follows: § 310.8 Agency review of request for amendment of record.
12.Revise § 310.9(a) to read as follows: § 310.9 Appeal of adverse initial agency determination on access or amendment.