In the July 6, 2020, issue of the Federal Register (85 FR 40442, click here), the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), the Farm Credit Administration (FCA), and the National Credit Union Administration (NCUA), (collectively the “Agencies”), jointly published proposed Interagency Questions and Answers Regarding Flood Insurance that reorganize, revise and expand the existing Interagency Questions and Answers Regarding Flood Insurance.
The Agencies are requesting comments on these proposed Interagency Questions and Answers Regarding Flood Insurance (herein “Proposed Q&As”). Interested parties who wish to submit comments must do so on or before September 4, 2020. The addresses and methods for submitting comments to one or more of the Agencies is set out on pages 40442 and 40443 of the above hyperlinked Federal Register.
Full Memorandum
