Current through November 30, 2024
Section 346.10 - Transition provisions(a)Disclosure of covered agreements entered into before the effective date of this part -(1)Disclosure to the public. Each NGEP and each insured depository institution or affiliate that was a party to the agreement must make the agreement available to the public under § 346.6 until at least April 1, 2002.(2)Disclosure to the relevant supervisory agency.(i) Each NGEP that was a party to the agreement must make the agreement available to the relevant supervisory agency under § 346.6 until at least April 1, 2002.(ii) Each insured depository institution or affiliate that was a party to the agreement must, by June 30, 2001, provide each relevant supervisory agency either-(A) A copy of the agreement under § 346.6(d)(1)(i) ; or(B) The information described in § 346.6(d)(1)(ii) for each agreement.(b)Filing of annual reports that relate to fiscal years ending on or before December 31, 2000. In the event that a NGEP, insured depository institution or affiliate has any information to report under § 346.7 for a fiscal year that ends on or before December 31, 2000, and that concerns a covered agreement entered into between May 12, 2000, and December 31, 2000, the annual report for that fiscal year must be provided no later than June 30, 2001, to-(1) Each relevant supervisory agency; or(2) In the case of a NGEP, to an insured depository institution or affiliate that is a party to the agreement in accordance with § 346.7(f)(2) .