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#312160 - 02/03/05 07:08 PM Is this a joke?
Princess Leia Offline
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Posts: 1,975
Alderaan
Any other FDIC banks receive FIL-8-2005 today? It's been the brunt of many-a-joke this morning

I'm sure we could complile lots of recommendations here Any ideas?

We want your ideas on how to reduce regulatory burden

On a positive note, however, at least they're asking!
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#312161 - 02/03/05 07:09 PM Re: Is this a joke?
DeeQ Offline
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I posted it in the BSA forum... sharpen your pens, folks.
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#312162 - 02/03/05 07:23 PM Re: Is this a joke?
someone else Offline
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someone else
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back to my roots
Hey - how come none of the other agencies (i.e. the NCUA) didn't send out similar notices??? I feel so left out!
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#312163 - 02/03/05 07:25 PM Re: Is this a joke?
DeeQ Offline
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I know what you mean, I am an OTS shop, but I subscribe to FDIC's email alerts as well. That's the only way I knew about it.
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#312164 - 02/03/05 07:32 PM Re: Is this a joke?
Jokerman Offline
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Quote:

I posted it in the BSA forum... sharpen your pens, folks.




What kind of pen are you using???

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#312165 - 02/03/05 07:37 PM Re: Is this a joke?
DeeQ Offline
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DeeQ
Joined: Dec 2002
Posts: 40,762
Turnpike Exit 10
"I'm a goofy goober, yeah..."
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#312166 - 02/03/05 08:28 PM Re: Is this a joke?
Anonymous
Unregistered

I went to an EGRPRA meeting last year - my cynical reaction after it was over was that it would be a very very very long process.

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#312167 - 02/03/05 09:07 PM Re: Is this a joke?
Princess Leia Offline
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Joined: Jun 2004
Posts: 1,975
Alderaan
Paperwork Reduction Act? When I was at the OCC when this became a buzzword, we dreaded when the bankers brought it up.

"You're right, Mr. Banker, we do have this new act to reduce your regulatory burden. But you'll need to document it"
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Duct tape is like the force: It has a light side and a dark side and it holds the universe together.

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#312168 - 02/04/05 03:34 PM Re: Is this a joke?
Anonymous
Unregistered

How much paper do they want to reduce the paperwork?

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#312169 - 02/04/05 04:58 PM Re: Is this a joke?
Anonymous
Unregistered

They'll need hard copy in triplicate as back up for all the information being proccessed primarily on computer.

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