18 Jul 2025
🏦FDIC Withdraws Proposed Rule for Industrial Banks and Loan Companies
Parent Companies of Industrial Banks and Industrial Loan Companies; Withdrawal of Proposed Rule
Summary
The Federal Deposit Insurance Corporation (FDIC) is withdrawing a notice of proposed rulemaking relating to parent companies of industrial banks and industrial loan companies. If the FDIC decides to make changes in this area, it will do so through a future regulatory action.
Agencies
- Federal Deposit Insurance Corporation
Business Impact
$$ - Med
The FDIC's withdrawal of the proposed rule regarding parent companies of industrial banks can impact existing and future business structures, compliance, and operational risks for such institutions. This regulatory shift signals uncertainty in the regulatory landscape, which could affect financial strategies and risk assessments for involved entities.