Joint Implementation Plan on Sections 301-306 of the Dodd-Frank Act

The joint implementation plan has been prepared pursuant to section 327(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (“Dodd-Frank Act”) by The Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve Board (“FRB”), the Office of the Comptroller of the Currency (“OCC”), and the Office of Thrift Supervision. It provides an overview of actions taken to date by the agencies to efficiently and effectively implement sections 301 through 326 of the Dodd-Frank Act. Among other things, it describes the steps the agencies are taking to transfer the responsibilities of supervising federal savings associations to the OCC, state savings associations to the FDIC, and savings and loan holding companies to the FRB.

Originally Published: 
02/01/2011