Federal Register #2026-13123

FDIC Proposed Rulemaking on Disclosure of Confidential Information

The Federal Deposit Insurance Corporation (FDIC) is seeking public comment on a proposed rulemaking to update, clarify, and supplement its regulations regarding the disclosure of confidential information. - No procurement of products or services is involved; this is a regulatory notice. - The proposal aims to: - Enhance the ability of insured depository institutions to share confidential supervisory information with affiliates and certain other entities for business purposes without prior FDIC authorization. - Simplify and clarify FDIC rules on discretionary disclosures, FOIA requests, and disclosures in legal proceedings. - Reduce administrative burden and align FDIC regulations with statutory requirements and practices of other federal banking agencies. - No OEMs, vendors, products, part numbers, or purchase quantities are mentioned. - The focus is on regulatory changes, not acquisition or procurement.

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 disclosures, disclosures under the Freedom of Information Act, and disclosures in legal proceedings. Comments must be received by August 31, 2026.

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