đŸ“‹Consumer Protections for Insurance Sales by Depository Institutions
Agency Information Collection Activities: Information Collection Renewal; Consumer Protections for Depository Institution Sales of Insurance
Summary
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Consumer Protections for Depository Institution Sales of Insurance." The OCC also is giving notice that it has sent the collection to OMB for review.
Agencies
- Treasury Department
- Comptroller of the Currency
Business Impact
$$ - Med
The text pertains to consumer protection regulations regarding insurance sales by depository institutions, which affects compliance for banks and businesses involved in insurance. It highlights the requirement for disclosures that ensure consumer awareness, impacting business practices and financial reporting compliance.