Which part corresponds to the former Office of Thrift Supervision regulations?

Prepare for the FDIC Technical Evaluation Test with engaging questions and comprehensive explanations. Enhance your knowledge and boost your confidence for the exam!

The correct answer is associated with the regulations that were once under the Office of Thrift Supervision (OTS). Following the financial crisis and the subsequent Dodd-Frank Wall Street Reform and Consumer Protection Act, the OTS was dissolved, and its functions were transferred to other entities, primarily the Office of the Comptroller of the Currency (OCC) and the FDIC. Specifically, Part 381 encompasses the regulations that were derived from the OTS's supervisory authority and practices.

Understanding the context of these regulatory frameworks is essential, as Part 381 addresses the safety and soundness of inherited operations and ensures compliance with standards that promote stability in the banking sector. Each of the other parts mentioned pertains to different aspects of banking regulations and oversight, focusing on other specific areas such as consumer protection, risk management, or examination procedures. Hence, Part 381 specifically aligns with the legacy regulations of the former OTS, as it was designed to address matters directly related to the thrift institutions that the OTS once supervised.

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