The Federal Reserve recently announced that it is resuming its examination activities for all supervised institutions. Examinations will be conducted offsite until conditions improve and allow for on-site examinations. The Federal Reserve acknowledges that the current situation is affecting institutions in different ways and will work to understand specific issues that may arise.
As mentioned in a prior WBK article, in response to the COVID-19 crisis, the Federal Reserve issued a statement suspending regular exams for supervised institutions with total consolidated assets of less than $100 billion.