dockets: CFPB-2020-0033

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id agency_id title docket_type last_modified object_id rin dkabstract category subtype keywords program short_title effective_date organization attrs_raw attr_source
CFPB-2020-0033 CFPB Role of Supervisory Guidance Rulemaking 2024-06-20T01:00:48Z 0b0000648494cb73 3710-AB02 The OCC, Board, FDIC, NCUA, and Bureau (collectively, the agencies) are inviting comment on a proposed rule that would codify the Interagency Statement Clarifying the Role of Supervisory Guidance issued by the agencies on September 11, 2018 (2018 Statement). By codifying the 2018 Statement, the proposed rule is intended to confirm that the agencies will continue to follow and respect the limits of administrative law in carrying out their supervisory responsibilities. The 2018 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. The proposal would also clarify that the 2018 Statement, as amended, is binding on the agencies.     ["Role", "Supervisory", "Guidance", "Interagency Statement"]         {"displayProperties": [], "keywords": ["Role", "Supervisory", "Guidance", "Interagency Statement"], "modifyDate": "2024-06-20T01:00:48Z", "dkAbstract": "The OCC, Board, FDIC, NCUA, and Bureau (collectively, the agencies) are inviting comment on a proposed rule that would codify the Interagency Statement Clarifying the Role of Supervisory Guidance issued by the agencies on September 11, 2018 (2018 Statement). By codifying the 2018 Statement, the proposed rule is intended to confirm that the agencies will continue to follow and respect the limits of administrative law in carrying out their supervisory responsibilities. The 2018 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. The proposal would also clarify that the 2018 Statement, as amended, is binding on the agencies.", "agencyId": "CFPB", "program": null, "shortTitle": null, "subType2": null, "title": "Role of Supervisory Guidance", "generic": null, "field1": null, "docketType": "Rulemaking", "petitionNbr": null, "rin": "3710-AB02", "organization": null, "legacyId": null, "subType": null, "category": null, "field2": null, "effectiveDate": null, "objectId": "0b0000648494cb73"} single_get

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