Agencies extend deadline on request for information on CAMELS rating system

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Agencies extend deadline on request for information on CAMELS rating system

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The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 20, 2019. It is reproduced in full below.

The Federal Deposit Insurance Corporation and the Federal Reserve Board on Friday announced that they will extend until Feb. 28, 2020, the deadline on the request for information on their use of the Uniform Financial Institutions Rating System, also known as the CAMELS rating system.

The agencies extended the comment period to allow interested persons more time to analyze the issues and prepare their comments, which were originally due by Dec. 30, 2019.

Source: Board of Governors of the Federal Reserve System

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