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Ex. SEC-13-035 Order Primary source read

SR 20-4 / CA 20-3

Supervisory Practices Regarding Financial Institutions Affected by Coronavirus

Board of Governors of the Federal Reserve System (Division of Supervision and Regulation; Division of Consumer and Community Affairs) · United States (Federal)

The COVID Project

The record

Jurisdiction
United States
Level
Federal
Authority
Supervisory letter
Issued
2020-03-13 Mar. 13, 2020
Effective
2020-03-13
End
n/a (read as 2021-09-30)
In force
Mar. 13, 2020 to Sept. 30, 2021
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
Limitation types
Other
Addressees
  • Federal Reserve-supervised institutions
Functions reached
  • SV
  • BR
  • BL
  • CL
Collection
Financial Services SEC-13

Operative words

[The federal financial institution regulatory] agencies and state bank regulators issued a statement to encourage financial institutions to meet the financial services needs of their customers and members in areas affected by the Coronavirus. Financial institutions are encouraged to review SR letter 13-6 / CA letter 13-3, 'Supervisory Practices Regarding Banking Organizations and their Borrowers and Other Customers Affected by a Major Disaster or Emergency'

Enforcement

Supervisory; guidance

Notes

The Federal Reserve's disaster-response supervisory framework applied to COVID-19 from Mar. 13, 2020.