News Release 2020-116 | September 1, 2020

Agencies Extend Comment Period on Proposed Revisions to Interagency Questions and Answers Regarding Flood Insurance

Joint Release

Board of Governors of the Federal Reserve System
Farm Credit Administration
Federal Deposit Insurance Corporation
National Credit Union Administration
Office of the Comptroller of the Currency

WASHINGTON—Five federal regulatory agencies today announced they will extend the comment period on a proposal to revise the Interagency Questions and Answers Regarding Flood Insurance (Interagency Questions and Answers) until November 3, 2020.

The agencies are extending the comment period because of the extent of the revisions proposed by the agencies and in light of the challenges associated with the COVID-19 pandemic. The extension will allow interested parties additional time to analyze the issues and to prepare comments. The proposed Interagency Questions and Answers, which were issued in July 2020, provide information addressing technical flood insurance-related compliance issues. The previous deadline for comments was September 4, 2020.

The Federal Register notice is attached.

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Media Contacts

Federal Reserve Board
Susan Stawick
(202) 452-2955

FCA
Emily Yaghmour
(703) 883-4056

FDIC
David Barr
(202) 898-6992

NCUA
Ben Hardaway
(703) 518-6333

OCC
Stephanie Collins
(202) 649-6870