federal_register: E8-15493

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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
E8-15493 Processing of Deposit Accounts in the Event of an Insured Depository Institution Failure Rule The FDIC is adopting an interim rule establishing the FDIC's practices for determining deposit and other liability account balances at a failed insured depository institution. Except as noted, the FDIC practices defined in the interim rule represent a continuation of long- standing FDIC procedures in processing such balances at a failed depository institution. The FDIC is adopting the interim rule concurrently with its adoption of a related final rule requiring the largest insured depository institutions to adopt mechanisms that would, in the event of the institution's failure: Provide the FDIC with standard deposit account and other customer information; and allow the placement and release of holds on liability accounts, including deposits. This interim rule applies to all insured depository institutions. 2008-07-17 2008 7 https://www.federalregister.gov/documents/2008/07/17/E8-15493/processing-of-deposit-accounts-in-the-event-of-an-insured-depository-institution-failure https://www.govinfo.gov/content/pkg/FR-2008-07-17/pdf/E8-15493.pdf Federal Deposit Insurance Corporation 164 The FDIC is adopting an interim rule establishing the FDIC's practices for determining deposit and other liability account balances at a failed insured depository institution. Except as noted, the FDIC practices defined in the interim rule represent a...  

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