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Record Retention Requirements

FDIC · final-rule · Published 2016-06-27 · Effective 2016-07-27 · 81 FR 41411

Document

Document number
2016-15020
Federal Register citation
81 FR 41411
CFR reference
12 CFR 380
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
2016-06-27
Effective date
2016-07-27

Abstract

The Federal Deposit Insurance Corporation (the "FDIC") is adopting a final rule that implements section 210(a)(16)(D) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the "Dodd-Frank Act" or the "Act"). This statutory provision requires the promulgation of a regulation establishing schedules for the retention by the FDIC of the records of a covered financial company (i.e., a financial company for which the necessary determination has been made for the appointment of the FDIC as receiver pursuant to Title II of the Dodd-Frank Act) as well as for the records generated or maintained by the FDIC that relate to its exercise of its Title II orderly liquidation authorities as receiver with respect to such covered financial company.

Source

Authoritative
Federal Register document
Machine
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