Search Results for keywords:"outdated regulations"

Found 2 results

Search Results: keywords:"outdated regulations"

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  • 2020-28126 — Continuing Authorities Programs
    Type:Rule
    Citation:86 FR 3802
    Reading Time:about 2 minutes

    The U.S. Army Corps of Engineers, part of the Department of Defense, has removed outdated sections called the Continuing Authorities Programs from the Code of Federal Regulations. These sections dealt with internal operations that didn't affect the public and were therefore not necessary for public compliance. The updated policies are now available in internal documents, which help avoid confusion for the public and the Corps. This change is not expected to save money for the public and supports recommendations from the Department of Defense’s Regulatory Reform Task Force.

    Simple Explanation

    The Army decided to take away some old rules that only mattered to them, so they won't be in the big rule book anymore. They checked to make sure no one outside the Army would be affected by this change.

  • 2024-28939 — Regulatory Publication and Review Under the Economic Growth and Regulatory Paperwork Reduction Act of 1996
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    Type:Proposed Rule
    Citation:89 FR 99751
    Reading Time:about 39 minutes

    The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively known as "the agencies") are reviewing regulations affecting insured depository institutions. This review, under the Economic Growth and Regulatory Paperwork Reduction Act of 1996, aims to identify rules that are outdated, unnecessary, or too burdensome. The agencies are seeking public comments on specific categories of regulations, including Rules of Procedure, Safety and Soundness, and Securities, in hopes of reducing the regulatory impact, especially on community banks. Public comments are invited until March 11, 2025, and the agencies will use these to help decide if any regulations should be adjusted or removed.

    Simple Explanation

    The government is asking people to help them find out which rules banks have to follow are too old or not needed anymore. They want ideas from everyone, especially from small banks, to make sure the rules are fair and not too hard.