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FDIC and Fed Request Information on the Use and Impact of CAMELS Ratings

FDIC - Federal Deposit Insurance Corporation

On Oct. 18, 2019, 7:10 p.m. • In FDIC Press Releases

Source: https://content.govdelivery.com/accounts/USFDIC/bulletins/266e3f6

Board of Governors of the Federal Reserve SystemFederal Deposit Insurance Corporation FDIC and Fed Request Information on the Use and Impact of CAMELS Ratings   In keeping with ongoing initiatives to increase transparency and improve efficiency, the Federal Deposit Insurance Corporation and Federal Reserve Board are inviting public comment on their use of the Uniform Financial Institutions Rating System, also known as the CAMELS rating system. The agencies seek comments on the consistency of ratings assigned under the CAMELS system.   The agencies are also interested in comments concerning how they use CAMELS ratings in enforcement actions and in reviewing bank applications. The agencies’ outreach on CAMELS ratings is consistent with their commitment to provide opportunities for public feedback on issues affecting supervised institutions.   Because comments will be made public, submitters should not include confidential rating and examination information.   Comments will be accepted for 60 days after publication of the agencies’ request for information in the Federal Register. ### Attachment: Request for Information on Application of the Uniform Financial Institutions Rating System Media Contacts:Federal Reserve      Eric Kollig                        202-452-2955FDIC                        Julianne Fisher Breitbeil  202-898-6895 FDIC: PR-92-2019