Title 12 — Banks and BankingRelease 119-73not60
§3911 Equal Representation for Federal Deposit Insurance Corporation and the Office of Thrift Supervision
Title 12 › Chapter 40— INTERNATIONAL LENDING SUPERVISION › § 3911
Summary
Give FDIC (as insurer of U.S. banks in international lending) and OTS equal seats alongside the Fed and OCC on the Group of Ten and Switzerland Committee on Banking Regulations and Supervisory Practices.
Full Legal Text
Title 12, §3911
Banks and Banking — Source: USLM XML via OLRC
(a)As one of the 4 Federal bank regulatory and supervisory agencies, and as the insurer of the United States banks involved in international lending, the Federal Deposit Insurance Corporation shall be given equal representation with the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency on the Committee on Banking Regulations and Supervisory Practices of the Group of Ten Countries and Switzerland.
(b)As one of the 4 Federal bank regulatory and supervisory agencies, the Office of Thrift Supervision shall be given equal representation with the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation on the Committee on Banking Regulations and Supervisory Practices of the Group of Ten Countries and Switzerland.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2006—Pub. L. 109–351 inserted “and the Office of Thrift Supervision” after “Federal Deposit Insurance Corporation” in section catchline, designated existing provisions as subsec. (a), inserted heading, substituted “As one of the 4” for “As one of the three”, and added subsec. (b).
Reference
Citations & Metadata
Citation
12 U.S.C. § 3911
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60