Notice2024-23010
Request for Information on Deposits; Extension of Comment Period
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 4, 2024
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
On August 6, 2024, the FDIC published in the Federal Register a request for information (RFI) and comment soliciting comments on deposit data that is not currently reported in the Federal Financial Institutions Examination Council's (FFIEC) Consolidated Reports of Condition and Income (Call Report) or other regulatory reports, including for uninsured deposits. The RFI provided for a 60-day comment period, which closes on October 7, 2024. The FDIC has determined that an extension of the comment period until December 6, 2024, is appropriate. This action will allow interested parties additional time to prepare information and comments.
Full Text
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<title>Federal Register, Volume 89 Issue 193 (Friday, October 4, 2024)</title>
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[Federal Register Volume 89, Number 193 (Friday, October 4, 2024)]
[Notices]
[Pages 80899-80900]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-23010]
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FEDERAL DEPOSIT INSURANCE CORPORATION
RIN 3064-ZA42
Request for Information on Deposits; Extension of Comment Period
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Request for information and comment; extension of comment
period.
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SUMMARY: On August 6, 2024, the FDIC published in the Federal Register
a request for information (RFI) and comment soliciting comments on
deposit data that is not currently reported in the Federal Financial
Institutions Examination Council's (FFIEC) Consolidated Reports of
Condition and Income (Call Report) or other regulatory reports,
including for uninsured deposits. The RFI provided for a 60-day comment
period, which closes on October 7, 2024. The FDIC has determined that
an extension of the comment period until December 6, 2024, is
appropriate. This action will allow interested parties additional time
to prepare information and comments.
DATES: The comment period for the notice published on August 6, 2024
(89 FR 63946), regarding the RFI on Deposits, is extended. Comments
must be received on or before December 6, 2024.
ADDRESSES: Interested parties are invited to submit written comments
identified by RIN 3064-ZA42 by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>. Follow the instructions for
submitting comments on the agency website.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#2744484a4a424953546741434e4409404851"><span class="__cf_email__" data-cfemail="ef8c8082828a819b9caf898b868cc1888099">[email protected]</span></a>. Include RIN 3064-ZA42 in the
subject line of the message.
<bullet> Mail: James P. Sheesley, Assistant Executive Secretary,
Attention: Comments-RIN 3064-ZA42, Federal Deposit Insurance
Corporation, 550 17th Street NW, Washington, DC 20429.
<bullet> Hand Delivery: Comments may be hand delivered to the guard
station at the rear of the 550 17th Street NW building (located on F
Street NW) on business days between 7 a.m. and 5 p.m.
<bullet> Public Inspection: Comments received, including any
personal information provided, may be posted without change to <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>.
Commenters should submit only information that the commenter wishes to
make available publicly. The FDIC may review, redact, or refrain from
posting all or any portion of any comment that it may deem to be
inappropriate for publication, such as irrelevant or obscene material.
The FDIC may post only a single representative example of identical or
substantially identical comments, and in such cases will generally
identify the number of identical or substantially identical comments
represented by the posted example. All comments that have been
redacted, as well as those that have not been posted, that contain
comments on the merits of this document will be retained in the public
comment file and will be considered as required under all applicable
laws. All comments may be accessible under the Freedom of Information
Act.
FOR FURTHER INFORMATION CONTACT: Division of Insurance and Research:
Ashley Mihalik, Associate Director, Financial Risk Management, 202-898-
3793, <a href="/cdn-cgi/l/email-protection#7e1f1317161f1217153e181a171d50191108"><span class="__cf_email__" data-cfemail="4f2e2226272e2326240f292b262c61282039">[email protected]</span></a>; Kayla
[[Page 80900]]
Shoemaker, Chief, Banking and Regulatory Policy, 202-898-6962,
<a href="/cdn-cgi/l/email-protection#2b404a5843444e464a404e596b4d4f4248054c445d"><span class="__cf_email__" data-cfemail="254e44564d4a4048444e40576543414c460b424a53">[email protected]</span></a>; Legal Division: Sheikha Kapoor, Assistant General
Counsel, 202-898-3960, <a href="/cdn-cgi/l/email-protection#bfccd4decfd0d0cdffd9dbd6dc91d8d0c9"><span class="__cf_email__" data-cfemail="7d0e161c0d12120f3d1b19141e531a120b">[email protected]</span></a>; Vivek Khare, Senior Counsel,
202-898-6847; or Ryan McCarthy, Counsel, 202-898-7301,
<a href="/cdn-cgi/l/email-protection#46343f2b25252734322e3f0620222f2568212930"><span class="__cf_email__" data-cfemail="0a78736769696b787e62734a6c6e6369246d657c">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: On August 6, 2024, the FDIC published in the
Federal Register an RFI and comment soliciting comments on deposit data
that is not currently reported in the FFIEC Call Report or other
regulatory reports, including for uninsured deposits. The FDIC issued
the RFI to seek information on the characteristics that affect the
stability and franchise value of different types of deposits and
whether more detailed or more frequent reporting on these
characteristics or types of deposits could enhance offsite risk and
liquidity monitoring, inform analysis of the benefits and costs
associated with additional deposit insurance coverage for certain types
of deposits, improve risk sensitivity in deposit insurance pricing, and
provide analysts and the general public with accurate and transparent
data. The RFI stated that the comment period would close on October 7,
2024. The FDIC has received requests to extend the comment period. An
extension of the comment period will allow interested parties
additional time to prepare information and comments. Therefore, the
FDIC is extending the end of the comment period for the RFI from
October 7, 2024, to December 6, 2024.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on October 1, 2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024-23010 Filed 10-3-24; 8:45 am]
BILLING CODE 6714-01-P
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