On September 28, BPI submitted a comment letter to the FDIC concerning the proposal to renew the Insured Depository Institution (“IDI”) Rule’s information collection requirement. The letter, which was submitted jointly with SIFMA, recommends that FDIC staff provide forward-looking guidance on IDI Plan requirements, and suggests the harmonization of information requirements for IDI Plans and 165(d) Plans. Implementing these changes to the IDI Plan, the letter argues, will improve the information collected pursuant to the Rule and minimize the association burden on filers.
You Might Also Be Interested In...
Regulatory Reporting and Accounting BPI Response to FDIC Resolution Plans Required for Insured Depository Institutions With $100 Billion or More in Total Assets
Regulatory Reporting and Accounting BPI Recommends Call Report Changes to Address Troubled Debt Restructuring
Cybersecurity Redundant Reporting Stresses Banks’ Cybersecurity Readiness, Warrants White House Review
Cybersecurity BPI and ABA Recommend Office of the National Cyber Director Harmonize Cyber Regulations
Regulatory Reporting and Accounting BPI and Coalition of Trades Oppose PCAOB’s Proposed Changes to Auditing Standards
More Posts by This Author
Basel Finalization The Empire Strikes Back: How the Basel Proposal Would Shift Credit Allocation from the Private Sector to the Government
Consumer Affairs Banks Support National Strategy to Identify Opportunities and Barriers to Financial Inclusion