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ABA: The American Bankers Association
Comment Letter

ABA Comments to the Fed re: FOIA and Confidential Supervisory Information

  • From Hu Benton
  • Published August 16, 2019

Re: Docket No. R-1665, RIN No. 7100 AF 51 – Notice of Proposed Rulemaking - Technical updates to Federal Reserve Freedom of Information Act procedures and changes to rules governing disclosure of confidential supervisory information
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The American Bankers Association (ABA) appreciates the opportunity to respond to the Federal Reserve’s Notice of Proposed Rulemaking (Proposal) to modify its procedures for responding to requests under the Freedom of Information Act (FOIA) and for management of confidential supervisory information (CSI) of banks and companies under its jurisdiction. Access to information via the FOIA process and transparency concerning government agency activities is vital to effective supervision of the industry and to the public interest. Accordingly, ABA appreciates the Federal Reserve’s effort to update its FOIA procedures.

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