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| FFIEC | RIN: 3139-AA04 | Publication ID: Spring 2025 |
| Title: ●Appraisal Subcommittee's Rules of Practice for Proceedings | |
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Abstract:
The Appraisal Subcommittee of the Federal Financial Institutions Examination Council is revising its rules of practice for proceedings to lessen administrative burdens, eliminate unnecessary paperwork, and streamline the efficiency and effectiveness of the agency’s practices, thereby ensuring fairness and impartiality in its proceedings. To reduce the costs of compliance, these revisions would allow for electronic submissions and eliminate burdensome requirements such as specific paper size requirements. The revisions would also correct or remove obsolete information. Lastly, the revisions would reduce the word count to enhance clarity and decrease the overall number of rules in subpart B of 12 CFR part 1102 by consolidating or rescinding the 20 individual rules as appropriate.
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| Agency: Appraisal Subcommittee of the FFIEC(FFIEC) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: Undetermined | Unfunded Mandates: No |
| EO 14192 Designation: Not subject to, not significant | |
| CFR Citation: 12 CFR 1102.20 to 1102.39 | |
| Legal Authority: 12 U.S.C. 3332 12 U.S.C. 3335 12 U.S.C. 3347 12 U.S.C. 3348(c) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: State |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
| Public Comment URL: regulations.gov | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Natalie Lutz Appraisal Subcommittee of the FFIEC 1325 G Street NW, Suite 500, Washington, DC 20005 Phone:202 792-1217 Email: natalie@asc.gov Matt Ponzar Appraisal Subcommittee of the FFIEC 1325 G Street NW, Suite 500, Washington, DC 20005 Phone:202 595-7577 Email: matt@asc.gov |
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