FDIC Board to Hold Open Meeting on Flood Insurance, Cyber Risk Mgmt Policies

acquisition policyThe Federal Deposit Insurance Corp.‘s board of directors is scheduled to conduct an open session meeting on Wednesday to discuss various public policies.

FDIC said in a Federal Register notice published Monday it plans to discuss the temporary waiver of appraisal requirements for certain flood-affected areas in Louisiana and review regulations transferred from the former Office of Thrift Supervision.

The board will also meet to tackle proposed rules to implement requirements of the Biggert-Waters Flood Insurance Reform Act of 2012  as well as interagency enhanced cyber risk management standards.

The agency said the meeting is in accordance with the Government in the Sunshine Act and will be broadcast live via webcast.

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