3170-AB02 202004 Unified Agenda of Federal Regulatory and Deregulatory Actions 3170 Consumer Financial Protection Bureau CFPB Role of Supervisory Guidance

The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration, and Bureau expect to request public comment on a proposed rule to codify the Interagency Statement Clarifying the Role of Supervisory Guidance (Statement), issued by the agencies on September 11, 2018.  The Statement reiterated well-established law by stating that, unlike a law or regulation, supervisory guidance does not have the force and effect of law.  As such, supervisory guidance does not create binding legal obligations for the public.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage Undetermined No Independent agency 12 CFR 1074 12 U.S.C. 5492 and 5512 No Interagency Statement 09/11/2018 NPRM 06/00/2020 No None Undetermined No No 7100 Federal Reserve System FRS Joint 1557 Comptroller of the Currency OCC Joint 3064 Federal Deposit Insurance Corporation FDIC Joint 3133 National Credit Union Administration NCUA Joint Christopher Shelton Office of Law & Policy, Legal Division 3170 Consumer Financial Protection Bureau CFPB 202 435-7700 1700 G Street NW, Washington DC 20552