{"id":"AGY-FED-FINANCIAL-005","kind":"order","level":"federal","jurisdiction":"United States; Federal Deposit Insurance Corporation (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Federal Deposit Insurance Corporation","authority":"12 U.S.C. § 1819(a) Tenth; § 1820(b)","instrument":"FIL-17-2020","title":"Regulatory Relief: Working with Customers Affected by the Coronavirus","dateIssued":"2020-03-13","effective":"2020-03-13","end":"Not rescinded within the period","startDate":"2020-03-13","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["CLOSE","OTHER"],"addressees":["FDIC-supervised institutions"],"clause":"The FDIC\u0027s staff stands ready to work with financial institutions that may experience challenges fulfilling their regulatory reporting responsibilities and will act expeditiously if institutions need to temporarily close facilities.... The FDIC understands that this unique and evolving situation could pose significant temporary business disruptions and challenges.","enforcement":"Supervisory; 12 U.S.C. § 1818","functions":["BR branches (temporary closures)","SV loan modifications","OP regulatory reporting","CB"],"notes":"Parallel to OCC 2020-15 and SR 20-4; the FDIC\u0027s FAQ (Ex. 006) explains that no application is required for a temporary closure","sourceUrl":"https://www.fdic.gov/news/financial-institution-letters/2020/fil20017a.pdf","snapshot":"","fileExists":true,"fileBytes":324116,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-005","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-005","citation":"Federal Deposit Insurance Corporation, FIL-17-2020 (Mar. 13, 2020) (Ex. AGY-FED-FINANCIAL-005)","stateName":"","related":["AGY-FED-FINANCIAL-006"]}