FDIC Seeks Comment on Retiring Financial Institution Letters

On Monday, September 10, 2018, the FDIC released a Financial Institution Letter (FIL-46-2018) seeking comment on a proposal to retire certain FILs to an inactive status.  Specifically, the proposal is targeting 374 of the 664 risk management supervision-related FILs issued over nearly two decades that are considered to either be outdated or that convey regulations or other information that is still in effect but available elsewhere on the FDIC’s website.  

FILs included in the list of those proposed to be retired include the following categories:

  • Accounting, Auditing, and Securities Disclosure

  • Applications, Notices, and Filings

  • Applied Technology

  • BSA/AML/Anti-Terrorist Financing

  • Call Reports

  • Capital Markets

  • Disaster Relief

  • Fraud

  • Information Technology

  • Large Bank Supervision

  • OFAC

  • Other Risk Management Supervision

  • Supervisory Insights Journal

Comments on the proposal will be accepted for 30 days, until October 10, 2018 and can be submitted to RiskManagementFILs@fdic.gov.

The FDIC announcement can be found here.
FIL-46-2018, which contains the list of 374 FILs being considered for retirement can be found here.  

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