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federal_register: 2020-11987

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2020-11987 Notice of the FDIC's Response to Exception Requests Pursuant to Recordkeeping for Timely Deposit Insurance Determination Notice In accordance with its rule regarding recordkeeping for timely deposit insurance determination, the FDIC is providing notice to covered institutions that it has granted a time-limited exception concerning the information technology system requirements and general recordkeeping requirements for certain accounts that require data cleanup, system updates, or customer outreach to make a deposit insurance determination and a time-limited exception from information technology system requirements and general recordkeeping requirements for certain internal (work-in-process) accounts that require an additional 24 hours (48 hours in total) post failure to obtain beneficial ownership information from internal business lines necessary to make a deposit insurance determination. 2020-06-03 2020 6 https://www.federalregister.gov/documents/2020/06/03/2020-11987/notice-of-the-fdics-response-to-exception-requests-pursuant-to-recordkeeping-for-timely-deposit https://www.govinfo.gov/content/pkg/FR-2020-06-03/pdf/2020-11987.pdf Federal Deposit Insurance Corporation 164 In accordance with its rule regarding recordkeeping for timely deposit insurance determination, the FDIC is providing notice to covered institutions that it has granted a time-limited exception concerning the information technology system requirements...  

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