{"id":"SEC-13-004","kind":"order","level":"federal","jurisdiction":"United States","state":"","metro":"","industry":"13","agency":"","eco":"","issuer":"Federal Deposit Insurance Corporation","authority":"Financial Institution Letter (supervisory guidance)","instrument":"FIL-17-2020","title":"Regulatory Relief: Working with Customers Affected by the Coronavirus","dateIssued":"2020-03-13","effective":"2020-03-13","end":"n/a","startDate":"2020-03-13","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER"],"addressees":["FDIC-supervised institutions"],"clause":"[FDIC encourages institutions to] work with all borrowers, especially borrowers from industry sectors particularly vulnerable to the volatility in the current economic environment... A financial institution\u0027s prudent efforts to modify the terms on existing loans for affected customers will not be subject to examiner criticism... [the FDIC] will act expeditiously if institutions need to temporarily close facilities.","enforcement":"Supervisory; guidance","functions":["SV","BR (temporary facility closures)","BL","CL"],"notes":"Text read through a fetched summary of the FDIC page; the page could not be rendered to PDF (fdic.gov blocks headless rendering).","sourceUrl":"https://www.fdic.gov/news/financial-institution-letters/2020/fil20017.html","snapshot":"","fileExists":false,"fileBytes":0,"grade":"secondary","character":"","description":"","collection":"SEC-13","url":"/library/SEC-13-004","exhibitUrl":null,"citation":"Federal Deposit Insurance Corporation, FIL-17-2020 (Mar. 13, 2020) (Ex. SEC-13-004)","stateName":"","related":[]}