Regulatory Alerts2022-06-16 | C1-2022-10414Loans in Areas Having Special Flood Hazards; Interagency Questions and Answers Regarding Flood Insurance
The Federal Aviation Administration issued a final airworthiness directive mandating inspections of fuel tank vent lines on specific Leonardo SpA Model AW169 helicopters to address blockage-related unsafe conditions. The directive incorporates European Union Aviation Safety Agency standards by reference and becomes effective July 21, 2022. Additionally, five federal financial regulators finalized signature corrections to their prior flood insurance regulations, clarifying interagency guidance for loans in special hazard areas.
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