Federal Banking Regulators Request Comment on Interagency Effort to Reduce Regulatory Burden (Fed. Reg.)

The Federal Financial Institutions Examination Council, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System (collectively, the "Federal Banking Regulators") requested public comment on a set of proposed regulatory categories regarding outdated or unnecessary regulations applied to insured depository institutions. Review and identification of such categories is required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996.

The Federal Banking Regulators requested comments on the following topics: (i) banking operations, (ii) capital, and (iii) the Community Reinvestment Act. Comments must be submitted by May 14, 2015.

See: 80 FR 7980; Federal Reserve Board of Governors Press Release.