Agencies Extend Comment Deadline on CAMELS Ratings

The Federal Reserve Board and Federal Deposit Insurance Corporation announced that the deadline on the Request for Information (RFI) regarding their use of the Uniform Financial Institutions System, also known as the “Capital Adequacy, Asset Adequacy, Management, Earnings, Liquidity, and Sensitivity” (CAMELS) rating system has been extended to February 28, 2020. 

The original RFI was published on October 31, 2019, with a comment period ending December 30, 2019. Please see WBK’s previous coverage for further information.