Regulatory AlertsSR 22-10: Inactive Supervisory Guidance
The Board of Governors of the Federal Reserve System has declared a specific list of previously issued Supervision and Regulation letters inactive, rendering them no longer applicable to its supervisory program. These documents were removed because they contained point-in-time announcements, became outdated, were superseded by newer regulations or comprehensive examination manuals, or otherwise lost their regulatory relevance. The directive applies to all Federal Reserve-supervised banking organizations and directs staff to consult the attachment for specific expiration dates and rationales for each superseded guidance document.
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SR 22-10 / CA 22-10: Inactive Supervisory Guidance
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. 20551
DIVISION OF SUPERVISION AND REGULATION
DIVISION OF CONSUMER AND COMMUNITY AFFAIRS
SR 22-10 / CA 22-10
December 19, 2022
TO THE OFFICER IN CHARGE OF SUPERVISION AT EACH FEDERAL RESERVE BANK
SUBJECT:
Inactive Supervisory Guidance
Applicability: This letter applies to all banking organizations supervised by the Federal Reserve, including those with $10 billion or less in consolidated assets.
The purpose of this letter is to announce that Federal Reserve staff has made certain previously issued Supervision and Regulation (SR) and Supervision and Regulation and Consumer Affairs (SR/CA) letters inactive. The SR and SR/CA letters identified in the attachment have been determined to be inactive and no longer applicable to the Federal Reserve’s supervision program. The attachment also explains when and why each letter has been made inactive. In many cases, the information transmitted in these letters represented a point-in-time announcement, has become outdated, or has been superseded by subsequent regulations, policies, and guidance. In some instances, letters were made inactive because more comprehensive guidance on the topic is available in the Commercial Bank Examination Manual or the Bank Holding Company Supervision Manual or another document, as noted in the attachment.
Questions or comments about the inactive status of any of these letters or concerns that they may contain supervisory guidance of continuing relevance may be sent via the Board’s public website. 1
signed by Michael S. Gibson Director Division of Supervision and Regulation
signed by Eric S. Belsky Director Division of Consumer and Community Affairs
Supersedes:
SR letter 16-9, “Inactive Supervisory Guidance”
Attachments:
Inactive SR and SR/CA letters *
*On December 22, 2022, this attachment was reposted to correct a typo.
Notes:
See http://www.federalreserve.gov/apps/contactus/feedback.aspx . Return to text.
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Last Update: December 22, 2022