(a) Disclosure of covered agreements entered into before the effective
date of this part. The following disclosure requirements apply
to covered agreements that were entered into after November 12, 1999,
and that terminated before April 1, 2001.
(1) Disclosure
to the public. Each NGEP and each insured depository institution
or affiliate that was a party to the agreement must make the agreement
available to the public under section 207.6 until at least April 1,
2002.
(2) Disclosure to the relevant supervisory agency.
(i) Each NGEP that was a party to the
agreement must make the agreement available to the relevant supervisory
agency under section 207.6 until at least April 1, 2002.
(ii) Each insured depository
institution or affiliate that was a party to the agreement must, by
June 30, 2001, provide each relevant supervisory agency either—
(A) a copy of the agreement under section 207.6(d)(1)(i); or
(B) the information described
in section 207.6(d)(1)(ii) for each agreement.
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(b) Filing of annual reports
that relate to fiscal years ending on or before December 31, 2000. In the event that a NGEP, insured depository institution or affiliate
has any information to report under section 207.7 for a fiscal year
that ends on or before December 31, 2000, and that concerns a covered
agreement entered into between May 12, 2000, and December 31, 2000,
the annual report for that fiscal year must be provided no later than
June 30, 2001, to—
(1) each relevant supervisory agency; or
(2) in the case of a
NGEP, to an insured depository institution or affiliate that is a
party to the agreement in accordance with section 207.7(f)(2).
