ABA last week filed its second comment letter in response to the decennial EGRPRA regulatory burden review that the federal banking agencies must conduct. The letter covered banking operations, capital, and the Community Reinvestment Act and offered comments related to Regulations D and S, the Basel III capital rules and the CRA public file requirement.
Later this month, the agencies are expected to release their third request for comments. To share perspectives on outdated regulations or burdens that are a part of the EGRPRA review or for more information, contact ABA’s Shaun Kern.