FDIC Technical Evaluation Practice Test

The correct focus of Part 381 is on the regulations that were formerly enforced by the Office of Thrift Supervision (OTS). This part of the regulations pertains specifically to the transition and implementation of rules for depository institutions previously supervised by the OTS, especially after the OTS was dissolved as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

This focus aims to provide clarity and continuity in the regulatory framework for these institutions, ensuring that they adhere to appropriate safe and sound banking practices. By addressing the needs of institutions that were governed by the OTS, Part 381 helps to maintain stability in the financial system during the transition period of regulatory changes.

The other options, while related to the broader context of banking regulations, do not directly concern the intent and purpose of Part 381. Credit Risk Retention relates to the requirements for securitizers to retain a portion of the credit risk in asset-backed securities. Orderly Liquidation Authority refers to the procedures for liquidating failing financial institutions in a way that mitigates systemic risk. Reserve Requirements are regulations concerning the amount of funds that banks must hold in reserve, which is not the focus of Part 381.