The Office of Thrift Supervision on Monday announced a new round of regulatory relief proposals, focusing on rules covering thrift subsidiaries, conflicts of interest, and corporate governance.

The agency is building on an effort launched a year ago as part of the federal government's campaign to "reinvent" itself. When it concludes work on the proposals made Monday, the OTS will have revamped 70% of its regulations, according to John Downey, executive director for supervision.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.