Comment period extended on proposed data collection changes for shared national credits.
The federal banking and thrift institution Thrift institution An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions. regulatory agencies agreed on February 11, 2005, to extend the comment period for forty-five days on the proposed changes to the data collection process that supports the Shared National Credit review of large syndicated loans. The proposal was published in the Federal Register on December 20, 2004.
The deadline was extended in response to requests from several banks asking the agencies to provide an additional period to review, analyze, and submit comments on the proposed interagency statement.
The public comment period on the interagency statement ended on April 7, 2005. The scope and comment process for this interagency statement remained as stated in the original Federal Register notice of December 20, 2004.
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