Federal Register #RIN 3064AG30

FDIC Proposed Rulemaking on Disclosure of Confidential Information

This opportunity involves a proposed rulemaking by the Federal Deposit Insurance Corporation (FDIC) focused on updating regulations for the disclosure of confidential information. - Government Buyer: - Federal Deposit Insurance Corporation (FDIC) - Scope of Rulemaking: - Updates and clarifies regulations on the disclosure of confidential supervisory information - Allows insured depository institutions to share confidential information with affiliates and certain entities for business purposes without prior FDIC authorization - Simplifies and clarifies rules for discretionary disclosure of confidential information - Updates rules related to disclosures under the Freedom of Information Act (FOIA) - Clarifies requirements for disclosures in legal proceedings - Notable Requirements: - No products, OEMs, or vendors are involved - Focus is on administrative and legal requirements for information disclosure - No procurement of goods or services is requested; this is a regulatory action

Description

The Federal Deposit Insurance Corporation (FDIC) is inviting comments on a proposed rulemaking to update, clarify, and supplement its regulations regarding the disclosure of confidential information. The proposal aims to enhance the ability of insured depository institutions to share confidential supervisory information with affiliates and certain other entities for appropriate business purposes without prior FDIC authorization. It also seeks to simplify and clarify the FDIC's rules on discretionary disclosure of confidential information, update rules related to disclosures under the Freedom of Information Act, and clarify disclosures in legal proceedings. Comments must be received by August 31, 2026.

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