Interagency Proposed Rule on Thresholds Increase for Major Assets Prohibition of the Depository Institution Management Interlocks Act Rules

FIL-88-2018

December 20, 2018

Financial Institution Letter

Interagency Proposed Rule on Thresholds Increase for Major Assets Prohibition of the Depository Institution Management Interlocks Act Rules


Summary

The FDIC and the other federal financial institution regulatory agencies have jointly issued a proposed rulemaking to raise the thresholds for the Major Assets Prohibition of the Depository Institution Management Interlocks Act (DIMIA) implementing rules.

Statement of Applicability to Institutions under $1 Billion in Total Assets

This Financial Institution Letter applies to FDIC-supervised financial institutions with total assets over $1 billion.

Suggested Distribution

FDIC-Supervised Institutions.

 

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