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Joint Release
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Office of Thrift Supervision


 
NR 2009-139
For Immediate Release
November 12, 2009

Federal Regulators Reopen Comment Period for
Correspondent Concentration Risks Guidance

          WASHINGTON — The federal bank and thrift regulatory agencies today announced they are reopening the comment period on proposed guidance on correspondent concentration risks, originally published on September 25. The comment period will be open until November 27, 2009, an additional 30 days after the original comment period closed.

          A copy of the proposed guidance, along with the notice to reopen the comment period, are attached.

# # #

Attachments:

Media Contacts:    
FDIC David Barr (202) 898-6992
Federal Reserve Susan Stawick (202) 452-2955
OCC Bryan Hubbard (202) 874-5770
OTS William Ruberry (202) 906-6677
 
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The Office of the Comptroller of the Currency was created by Congress to charter national banks, to oversee a nationwide system of banking institutions, and to assure that national banks are safe and sound, competitive and profitable, and capable of serving the banking needs of their customers in the best possible manner.  OCC press releases and other information are available at http://www.occ.gov.  To receive OCC press releases and issuances by email, subscribe at http://www.occ.gov/listserv.htm.

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