Agencies Issue Two Final Rules

The federal bank regulatory agencies finalized two rules, which are either identical or substantially similar to interim final rules currently in effect and issued earlier this year. The final rule temporarily deferring appraisal and evaluation requir…

The federal bank regulatory agencies finalized two rules, which are either identical or substantially similar to interim final rules currently in effect and issued earlier this year. The final rule temporarily deferring appraisal and evaluation requirements is substantially similar to the interim final rule issued in April. The final rule pertaining to Federal Reserve liquidity facilities adopts without change three interim final rules issued in March, April, and May, 2020.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-129.html