FDIC renews state regulatory advisory panel charter

The charter for the Federal Deposit Insurance Corp.’s (FDIC) Advisory Committee of State Regulators (ACSR), first established in 2019, has been renewed for another two years, according to the agency.

The FDIC had a notice in the Federal Register and an updated charter (dated Dec. 7) on its website Wednesday.

The Advisory Committee of State Regulators has up to 15 members, according to the charter, with most of those representing state bank regulators from across the United States, including its territories. It says other members may include individuals with expertise in the regulation of state-chartered financial institutions.

The panel is expected to meet at least twice a year.

ACSR information

Federal Register notice