On November 25, 2014, the FDIC issued a proposed rule to amend filing requirements and processing procedures for notices filed under the Change in Bank Control Act. The rule would, among others, consolidate requirements and adopt best practices of the Federal Reserve Board and the OCC. The rule, if finalized, will be effective January 25, 2015.

The proposed rule is available at:

http://www.gpo.gov/fdsys/pkg/FR-2014-11-25/pdf/2014-27934.pdf.