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Role of Supervisory Guidance

Fed · final-rule · Published 2021-04-08 · Effective 2021-05-10 · 86 FR 18173

Document

Document number
2021-07146
Federal Register citation
86 FR 18173
CFR reference
12 CFR 262
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2021-04-08
Effective date
2021-05-10
Docket
Docket No. R-1725

Abstract

The Board is adopting a final rule that codifies the Interagency Statement Clarifying the Role of Supervisory Guidance, issued by the Board, Office of the Comptroller of the Currency, Treasury (OCC), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), and Bureau of Consumer Financial Protection (Bureau) (collectively, the agencies) on September 11, 2018 (2018 Statement). By codifying the 2018 Statement, with amendments, the final rule confirms that the Board will continue to follow and respect the limits of administrative law in carrying out its supervisory responsibilities.

Source

Authoritative
Federal Register document
Machine
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