Page 3 - July 2018

Agencies Issue Policy Statement on collection’s title when it should have read
Interagency Notification of Formal “Complaint.” The notice may be viewed at:
Enforcement. https://www.gpo.gov/fdsys/pkg/FR-2018-06-
15/pdf/2018-12908.pdf. Federal Register, Vol. 83,
No. 116, 06/15/2018, 27975.
The Board of Governors of the Federal Reserve
System (FRB), the Federal Deposit Insurance FFIEC Rescinds Policy Statement on
Corporation (FDIC), and the Office of the
Comptroller of the Currency (OCC) issued a policy Interagency Coordination of Formal
statement on interagency notification of formal Corrective Action.
enforcement actions in coordination with the Federal
Financial Institutions Examination Council (FFIEC) The Federal Financial Institutions Examination
rescinding the existing policy statement and to Council (FFIEC) is rescinding its policy statement
incorporate and reflect current practices. The policy titled “Interagency Coordination of Formal
statement is applicable 06/12/2018. The notice may Corrective Action by the Federal Bank Regulatory
be viewed at: https://www.gpo.gov/fdsys/pkg/FR- Agencies” that was issued on 02/20/1997. This action
2018-06-12/pdf/2018-12556.pdf. Federal Register, is being coordinated with the publication of a new
Vol. 83, No. 113, 06/12/2018, 27371-27372. policy statement in the Federal Register by the Board
of Governors of the Federal Reserve System (FRB),
CFPB Issues Semiannual Regulatory the Federal Deposit Insurance Corporation (FDIC),
Agenda. and the Office of the Comptroller of the Currency
(OCC), which reflects the current practices of the
The Bureau of Consumer Financial Protection federal banking agencies with respect to the
(CFPB) issued its semiannual regulatory agenda as a coordination of formal enforcement actions against
part of the Spring 2018 Unified Agenda of Federal federally regulated financial institutions and
Regulatory and Deregulatory Actions. CFPB institution-affiliated parties. The rescission of the
reasonably anticipates having the regulatory matters policy is effective 06/12/2018. The notice may be
identified in the agenda under consideration during viewed at: https://www.gpo.gov/fdsys/pkg/FR-2018-
the period from 05/01/2018, to 04/30/2019. The next 06-12/pdf/2018-12557.pdf. Federal Register, Vol.
agenda will be published in fall 2018 and will update 83, No. 113, 06/12/2018, 27329-27330.
this agenda through fall 2019. The notice may be
viewed at: https://www.gpo.gov/fdsys/pkg/FR-2018- FRB Finalizes Amendments to Regulation
06-11/pdf/2018-11229.pdf. Federal Register, Vol. A.
83, No. 112, 06/11/2018, 27234-27236.
The Board of Governors of the Federal Reserve
CFPB Issues Correction to Request for System (FRB) adopted final amendments to its
Comment on Information Collection. Regulation A to reflect FRB’s approval of an
increase in the rate for primary credit at each Federal
CFPB issued a correction to a request for comment Reserve Bank. The secondary credit rate at each
on an information collection published in the Federal Reserve Bank automatically increased by formula as
Register on 05/14/2018. The notice incorrectly a result of FRB’s primary credit rate action. The
included the word “Compliant” in one mention of the amendments are effective 06/20/2018. The notice

JULY 2018
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