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FFIEC proposes FOIA revisions
WASHINGTON (9/7/10)--Freedom of information Act (FOIA) regulation revisions that would improve access to records and “provide clearer guidance to requesters on how to obtain records under the FOIA” are being considered, the agencies that comprise the Federal Financial Institutions Examinations Council (FFIEC) announced late last week. The FFIEC acts as a coordinating body for the National Credit Union Administration and other federal financial regulators. While it serves as the coordinating body, the individual credit union, bank and thrift agencies have their own sets of FOIA rules. Specifically, the FFIEC changes, if approved, would bring the FFIEC’s existing regulations in-line with FOIA amendments contained in the Electronic Freedom of Information Act Amendments of 1996 and the OPEN Government Act. These changes would increase the current time limit for FOIA request responses and provide for “expedited processing of FOIA requests under certain conditions.” The FFIEC revisions will also “further clarify” FOIA request processing policies and procedures and improve overall FOIA operations. The FFIEC has released its proposal for public comment. Comments on the proposal must be submitted to the FFIEC by Oct. 4. For the full proposal, use the resource link.
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