# Role of Supervisory Guidance
> **US Federal Reserve System** · Final rule. · Published 2021-04-08 · Effective 2021-05-10 · 86 FR 18173
## Document
- **Document number:** 2021-07146
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 86 FR 18173
- **CFR reference:** 12 CFR 262
- **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
- [Federal Register document](https://www.federalregister.gov/documents/2021/04/08/2021-07146/role-of-supervisory-guidance)
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