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BOARD OF GOVERNORS

OF THE

FEDERAL RESERVE SYSTEM

WASHINGTON, D.C. 20551

DIVISION OF SUPERVISION

AND REGULATION

DIVISION OF CONSUMER AND

COMMUNITY AFFAIRS

SR 22-10

CA 22-10

December 19, 2022

TO THE OFFICER IN CHARGE OF SUPERVISION

 AT EACH FEDERAL RESERVE BANK

SUBJECT: Inactive Supervisory Guidance

Applicability: This letter applies to all banking organizations supervised by the Federal 

Reserve, including those with $10 billion or less in consolidated assets. 

The purpose of this letter is to announce that Federal Reserve staff has made certain

previously issued Supervision and Regulation (SR) and Supervision and Regulation and 

Consumer Affairs (SR/CA) letters inactive. The SR and SR/CA letters identified in the 

attachment have been determined to be inactive and no longer applicable to the Federal

Reserve’s supervision program. The attachment also explains when and why each letter has been 

made inactive. In many cases, the information transmitted in these letters represented a point-intime announcement, has become outdated, or has been superseded by subsequent regulations, 

policies, and guidance. In some instances, letters were made inactive because more 

comprehensive guidance on the topic is available in the Commercial Bank Examination Manual

or the Bank Holding Company Supervision Manual or another document, as noted in the 

attachment. 

Questions or comments about the inactive status of any of these letters or concerns that

they may contain supervisory guidance of continuing relevance may be sent via the Board’s

public website.1

Michael S. Gibson Eric S. Belsky

 Director Director

 Division of Supervision Division of Consumer and

 and Regulation Community Affairs

1 See http://www.federalreserve.gov/apps/contactus/feedback.aspx.
 

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Supersedes: 

• SR letter 16-9, “Inactive Supervisory Guidance”

Attachment: 

• Inactive SR and SR/CA letters
Attachment to SR letter 22-10/CA letter 22-10

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Inactive SR and SR/CA Letters

December 19, 2022

Letter No. Issuance

Date Subject/Title Reason

SR 18-5 / 

CA 18-7 9/12/2018

Interagency Statement 

Clarifying the Role of 

Supervisory Guidance

Superseded by the “Statement 

Clarifying the Role of Supervisory 

Guidance,” codified at Appendix A 

to 12 CFR 262. See also 86 Fed. 

Reg. 18,173 (April 8, 2021).

SR 17-10 10/17/2017

Temporary Exceptions to the 

Financial Institutions Reform, 

Recovery, and Enforcement 

Act of 1989 (FIRREA) 

Appraisal Requirements in 

Areas Affected by Severe 

Storms and Flooding Related 

to Hurricanes Harvey, Irma, 

and Maria

Outdated announcement. This order 

expired three years after the date the 

President declared the relevant state 

or territory a major disaster. The 

expiration date was September 20, 

2020. 

SR 16-18 12/9/2016

Procedures for a Banking 

Entity to Request an Extended 

Transition Period for Illiquid 

Funds

Outdated guidance. The Volcker 

Rule’s (Section 13 of the Bank 

Holding Company Act codified at 

12 U.S.C. § 1851) transition period 

for illiquid funds ended on July 21, 

2022.

SR 16-15 10/28/2016

Exception to Appraisal 

Regulation Requirements in 

Areas Affected by Flooding in 

Louisiana

The SR letter was removed from the 

Board’s public website on February 

14, 2019. The exception to appraisal 

regulation requirements described in 

the letter expired on December 31, 

2017.

SR 16-9 4/21/2016 Inactive Supervisory Guidance Superseded by SR letter 22-10/CA 

letter 22-10 and its attachment.
Attachment to SR letter 22-10/CA letter 22-10

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Letter No. Issuance

Date Subject/Title Reason

SR 14-3 3/6/2014

Supervisory Guidance on 

Dodd-Frank Act CompanyRun Stress Testing for 

Banking Organizations with 

Total Consolidated Assets of 

More Than $10 Billion but 

Less Than $50 Billion

This letter was removed from the 

Board’s website on April 15, 2019. 

The Economic Growth, Regulatory 

Relief, and Consumer Protection 

Act (EGRRCPA), enacted on May 

24, 2018, amended the applicability 

of company-run stress testing to 

certain financial companies. Refer to 

the interagency statement regarding 

the impact of the EGRRCPA issued 

on July 6, 2018.

SR 13-16 10/7/2013

End of Microsoft Support for 

Windows XP Operating 

System

Outdated announcement from the 

Federal Financial Institutions 

Examination Council (FFIEC). 

Effective April 8, 2014, Microsoft 

no longer marketed, supported, or 

provided regular security patches for 

XP.

SR 13-10 4/25/2013

Format for Safety-andSoundness Reports of 

Examination and Inspection 

for Community State Member 

Banks and Holding Companies 

Rated Composite “4” or “5”

This SR letter was removed from the 

Board’s website on January 7, 2021. 

The report of examination template 

has been updated and the most 

current version of the template is in 

the Commercial Bank Examination 

Manual.

SR 10-17 12/22/2010

Underwriting Standards for 

Small Business Loans 

Originated under the Small 

Business Lending Fund 

Program

Outdated guidance. The application 

deadline for C Corporation banks 

was May 16, 2011, and all closings 

were completed by September 27, 

2011, the statutory end of the 

program.

SR 07-11 7/24/2007

The Fair Value Option and the 

Applicability of the Market 

Risk Capital Rule

Outdated announcement. See 

12 CFR Part 217 Subpart F for more 

information on the market risk rule.

SR 06-13 8/16/2006

Questions and Answers 

Related to Interagency 

Guidance on Authentication in 

an Internet Banking 

Environment

The guidance in this letter was 

superseded with the issuance of SRletter 21-14, “Authentication and 

Access to Financial Institution 

Services and Systems.”
Attachment to SR letter 22-10/CA letter 22-10

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Letter No. Issuance

Date Subject/Title Reason

SR 04-15 11/4/2004

Termination of the Regulatory 

Reports Monitoring Program 

and New Procedures for 

Monitoring Regulatory 

Reports

Outdated announcement to Federal 

Reserve staff.

SR 04-3 1/28/2004 Debt Elimination Scams Outdated announcement.

SR 01-19 8/10/2001

Reports of Examinations of 

Community Banking 

Organizations

This SR letter was removed from the 

Board’s website on January 7, 2021. 

The report of examination template 

has been updated and the most 

current version of the template is in 

the Commercial Bank Examination 

Manual.

SR 01-1 1/5/2001

Application of the Board’s 

Capital Adequacy Guidelines 

to Bank Holding Companies 

owned by Foreign Banking 

Organizations

Outdated guidance. Section 171(b) 

of the Dodd-Frank Act required the 

federal banking agencies, including 

the Federal Reserve, to establish 

minimum uniform capital rules for 

bank holding companies (BHCs), 

savings and loan holding companies, 

and depository institutions. This was 

implemented by the Federal Reserve 

with Regulation Q (12 CFR Part 

217), which contains the statutorily 

mandated uniform capital rules and 

exempted BHCs covered by SR 

letter 01-1, “Application of the 

Board’s Capital Adequacy 

Guidelines to Bank Holding 

Companies owned by Foreign 

Banking Organizations,” from these 

capital rules until July 21, 2015. See 

78 Fed. Reg. 62,018 (Oct. 11, 2013).

SR 00-17 11/30/2000

Guidance on the Risk 

Management of Outsourced 

Technology Services

Guidance was rescinded with the 

2004 release of the FFIEC 

Outsourcing Technology Services 

Booklet. See the FFIEC’s July 15, 

2004, press release for more 

information.
Attachment to SR letter 22-10/CA letter 22-10

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Letter No. Issuance

Date Subject/Title Reason

SR 98-5 3/23/1998

Changes to the Board’s 

Securities Credit Regulations 

(Regulations G and U)

Outdated announcement.

SR 95-12 3/13/1995

Revisions to Guidance for the 

Preparation of the Bank 

Holding Company Inspection 

and Bank Examination Reports 

and for the Preparation and 

Issuance of Director’s 

Summaries of 

Examination/Inspection 

Findings

Outdated supervisory practice. For 

more information, see the 

examination report templates in the 

Commercial Bank Examination 

Manual and Bank Holding Company 

Supervision Manual as well as SR 

letter 13-13/CA letter 13-10, 

“Supervisory Considerations for the 

Communication of Supervisory 

Findings.” 

SR 94-40 6/22/1994

Citizenship Policy and 

Requirements For Federal 

Reserve Examiners

Outdated guidance. 12 CFR 

268.304(a)(4), which is referenced 

in the SR letter, no longer exists. 

The Federal Reserve Administrative 

Manual contains more information 

on the Board’s, “Regulation on 

Granting Eligibility for Access to 

Federal Open Market Committee

Information and Confidential 

Supervisory Information.” 

SR 90-26 7/17/1990 Examination and Inspection 

Reports

Outdated supervisory practice.