Regulatory Alerts2017-12-21
Added · Updated
Expectations for Supervised Institutions Regarding Amended Regulation C
The Federal Reserve Board issued guidance to all supervised institutions regarding compliance with the Consumer Financial Protection Bureau's amendments to Regulation C. For HMDA data collected in 2018 and reported in 2019, the Board will not require resubmission or assess penalties for non-material errors, treating examinations as diagnostic to support good faith compliance efforts. Institutions must continue to submit 2017 data in 2018 in accordance with the existing Regulation C requirements.
More like this from FRB
FRB published 3 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share