Disclosure of exempt records.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) (2) (3) (4) (ii) The Director of the Corporation's Division having primary authority over the exempt records, or designee, may disclose to the proper federal or state prosecuting or investigatory authorities, or to any authorized officer or employee of such authority, copies of exempt records pertaining to irregularities discovered in depository institutions which are believed to constitute violations of any federal or state civil or criminal law, or unsafe or unsound banking practices, provided that customer financial records may be disclosed without giving notice to the customer, only as permitted by the relevant exceptions of the RFPA. Unless such disclosure is initiated by the FDIC, customer financial records shall be disclosed only in response to a written request which: (A) Is signed by an authorized official of the agency making the request; (B) Identifies the record or records to which access is requested; and (C) Gives the reasons for the request. (iii) When notice to the customer is required to be given under the RFPA, the Director of the Corporation's Division having primary authority over the exempt records, or designee, may disclose customer financial records to any federal or state prosecuting or investigatory agency or authority, provided, that: (A) The General Counsel, or designee, has determined that disclosure is authorized or required by law; or (B) Disclosure is pursuant to a written request that indicates the information is relevant to a legit

official document · source cfr-2024 · id 12:§ 309.6