1.3.4: Savings & Loan Holding Companies

Continue to review the Board's implementation of its plan to transfer of functions, authorities, and resources from the OTS.

Other Information:

Transfer of supervisory responsibility for savings and loan holding companies to the Board, and wind down of the OTS. The Dodd-Frank Act abolishes the OTS and transfers its supervisory responsibilities to the Board, the FDIC, and the OCC. These agencies, along with the OTS, submitted a plan to Congress and the IGs for the Treasury, the FDIC, and the Board outlining the steps they are taking to implement the Dodd-Frank Act provisions related to the orderly transfer of functions, authorities, and resources from the OTS to the other regulators. Our office reviewed the plan, which addresses, among other things, the incorporation of the supervision of savings and loan holding companies into the Board's bank holding company supervision program. We will continue to review the Board's implementation of the plan until implementation is complete.

Stakeholder(s):

• Savings & Loan Holding Companies


• Federal Reserve Board

Indicator(s):

Indicator:1

Content