OCC, FRB and FDIC Provide Appraisal Relief with 120-Day “Grace” Period
No new regulatory items were published on Friday, April 17, therefore no Daily Briefing was recorded for Monday, April 20.
Appraisal Relief; North Korea Cyberthreats; FFIEC APR and APY Calculators; New BSA Manual
Call Report Instructions; Revised Transition Period for CECL; Fincen FAQs on BSA Beneficial Ownership for PPP Borrowers
NCUA Cyber-Risk Alert; NCUA Extends Comment Period on Combination Transactions; Fed Launches PPP Lending Facility; OCC Proposes Changes to Corporate Activities Rules
North Korea Sanctions; FDIC Statement on Mortgage Servicing; NCUA Extends Comment Period on Corporate Credit Union Standards.
No new regulatory items were published on Friday, April 10, therefore no Daily Briefing was recorded for Monday, April 13.
NCUA Summarizes CARES Act; OCC Supports FinCEN Guidance on BSA; OFAC Adjusts CMP Dollar Amounts
Agencies Update Loan Modification Guidance from 3/22; Comment Period Extensions from FDIC on Brokered Deposits and FTC on Endorsements and Testimonials
Servicing Relief, Delay of FBO Rules, NCUA Guidance on SBA Programs, NCUA CARES Act Summary