Information Sharing Between Supervisory Agencies Under the Right to Financial Privacy Act of 1978

The Office of the Comptroller of the Currency (OCC) may make available to the Federal Deposit Insurance Corporation (FDIC), in its capacity as a receiver of a failed national bank, OCC examination reports on that bank, notwithstanding the general prohibitions on disclosure in the Right to Financial Privacy Act of 1978. Such disclosure falls within two exceptions in that Act for information exchanges between government “supervisory” agencies, whether or not the FDIC is actually performing a “supervisory” function in its capacity as a receiver. 12 U.S.C. § 3412(d) and (e).