Comments due on FFIEC AMC fees rule proposal

The Appraisal Subcommittee of the Federal Financial Institutions Examination Council (ASC) is proposing a rule [81 FR 31868, May 20, 2016] pursuant to authority granted in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) to implement collection and transmission of appraisal management company (AMC) annual registry fees by State appraiser certifying and licensing agencies that elect to register and supervise AMCs. The ASC requests comment on all aspects of the proposal by July 19, 2016. The rule would amend 12 CFR 1102 (Appraiser Regulation).