Effectiveness of RTC Regulations After RTC Termination
Summary
The Federal Deposit Insurance Corporation and the Resolution Trust Corporation issued a rule clarifying the effectiveness of RTC regulations following the termination of the Resolution Trust Corporation. This rule specifies the continued applicability of certain regulations to ensure continuity in financial oversight.
What changed
This rule, issued by the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation (RTC), clarifies the status and effectiveness of RTC regulations after the termination of the RTC itself. The document specifies which regulations remain in effect and under whose authority, ensuring a smooth transition and continued regulatory oversight in the financial sector.
Regulated entities, particularly those previously interacting with the RTC, should review the specific provisions outlined in this rule to understand which regulations continue to apply and under the purview of the FDIC. This clarification is crucial for ongoing compliance and operational continuity in the financial services industry following the RTC's dissolution.
What to do next
- Review FDIC and RTC regulations to understand continued applicability after RTC termination.
Source document (simplified)
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Rule
Effectiveness of RTC Regulations After RTC Termination
A Rule by the Federal Deposit Insurance Corporation and the Resolution Trust Corporation on 12/22/1995
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Document Details Published Content - Document Details Agencies Federal Deposit Insurance Corporation Resolution Trust Corporation CFR 12 CFR chapter undef Document Citation 60 FR 66483 Document Number 95-31120 Document Type Rule Pages 66483-66484
(2 pages) Publication Date 12/22/1995 Published Content - Document DetailsPDF Official Content
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Document Details Published Content - Document Details Agencies Federal Deposit Insurance Corporation Resolution Trust Corporation CFR 12 CFR chapter undef Document Citation 60 FR 66483 Document Number 95-31120 Document Type Rule Pages 66483-66484
(2 pages) Publication Date 12/22/1995 Published Content - Document Details
- Document Dates Published Content - Document Dates Effective Date 1995-12-31 Dates Text December 31, 1995. Published Content - Document Dates
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Published Document: 95-31120 (60 FR 66483) This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
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Published Document: 95-31120 (60 FR 66483)
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