← Treasury Federal Register rules

Extensions of Credit to Insiders and Transactions With Affiliates

banking-occ · OCC · Rule · Published 1996-10-21 · Effective 1996-11-20 · 61 FR 54533

Document

Document number
96-26849
Federal Register citation
61 FR 54533
CFR reference
12 CFR 31
Type
Rule
Action
Final rule.
Category
banking-occ
Sub-agency
OCC
Publication date
1996-10-21
Effective date
1996-11-20
Treasury docket
Docket No. 96-23

Abstract

The Office of the Comptroller of the Currency (OCC) is revising its rules governing extensions of credit to national bank insiders. This rulemaking is another component of the OCC's Regulation Review Program to update and streamline OCC regulations and to reduce unnecessary regulatory costs and other burdens. The final rule modernizes and clarifies the insider lending rules and reduces unnecessary regulatory burdens where feasible, consistent with statutory requirements.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown