United States:
FRB And FOMC Request Comment On Interim Final Rule To Amend FOIA Processing Requirements
05 January 2017
Cadwalader, Wickersham & Taft LLP
To print this article, all you need is to be registered or login on Mondaq.com.
The Board of Governors of the Federal Reserve System
("FRB") and the Federal Open Market Committee
("FOMC") requested public comment on an interim final rule to amend requirements for
processing requests under the
Freedom of Information Act ("FOIA"). The amendments:
(i) "clarify and update procedures for requested information
from the Board"; (ii) extend the administrative appeals
deadline; and (iii) provide further information on dispute
resolution services.
The interim final rule will be effective on December 27, 2016.
Comments on the interim final rule must be submitted 60 days
following its publication in the Federal Register.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from United States
Secured Creditor Chapter 11 Considerations
Trenam Law
Lenders are naturally in a reactionary position when their borrowers file for Chapter 11. Following these tips will help position them for the best possible outcome.
Dos And Don'ts Of Interacting With Bank Regulators
Goodwin Procter LLP
Supervision is a daily fact of life for bank boards and management. Below, we offer strategies for how both board members and members of management can ensure that the supervisory process goes as smoothly as possible.