News Release 2009-139 | November 12, 2009

Federal Regulators Reopen Comment Period for Correspondent Concentration Risks Guidance

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

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.

Media Contacts:

Federal ReserveSusan Stawick(202) 452-2955
FDICDavid Barr(202) 898-6992
OCCBryan Hubbard(202) 874-5770
OTSJanet Frank(202) 906-6677

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