Press Release

June 15, 2020 Federal Reserve Board announces it will resume examination activities for all banks, after previously announcing a reduced focus on exam activity in light of the coronavirus response For release at 12:00 p.m. EDT Share The Federal Reserve Board on Monday announced that it will resume examination activities for all banks, after previously announcing a reduced focus on exam activity in light of the coronavirus response. In March, the Board announced that it would focus on outreach and monitoring in light of the coronavirus response measures and temporarily reduce its exam activity, with the greatest reduction for smaller banks. Since that time, banks have had time to implement contingency operating plans and adapt their operations, so exam activity will resume. The Board anticipates that exams will continue to be conducted offsite until conditions improve and will continue to work with banks to understand any specific issues they may be facing. For media inquiries, call 202-452-2955 Federal Reserve Statement on Supervisory Activities (Update to March 24, 2020 Statement) (PDF)

Federal Reserve (2020, June 14). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20200615_federal_reserve_board_announces_approval_of

@misc{wtfs_press_release_20200615_federal_reserve_board_announces_approval_of,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2020},
  month = {Jun},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20200615_federal_reserve_board_announces_approval_of},
  note = {Retrieved via When the Fed Speaks corpus}
}