Speak now or forever hold your peace: the federal banking agencies recently announced their final outreach meeting as part of a regulatory review aimed at reducing compliance burden in the banking industry.

The Federal Deposit Insurance Corp., the Federal Reserve Board and the Office of the Comptroller will host their sixth and final meeting under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) on Wednesday, Dec. 2 at the FDIC headquarters in Arlington, Virginia.

The meeting will be webcast live and online viewers will be able to submit written comments. Interested parties will also be able to listen to the meeting via a toll-free phone number.

FDIC Chairman Martin J. Gruenberg, Comptroller of the Currency Thomas J. Curry, Federal Reserve Governor Daniel K. Tarullo and other regulators are scheduled to attend.

EGRPRA is a 1996 law that requires the federal banking regulators to conduct a review at least every 10 years to identify outdated or unnecessary regulations. Earlier this year, regulators said they were expanding the scope of this EGRPRA review to cover newly issued regulations, including all agency rules that are finalized before the year’s end.

Feds Announce Final EGRPRA Meeting

by Banker & Tradesman time to read: 1 min