Insight

Washington Report 360 | June 12, 2020

Ongoing udates to the PPP; Ongoing adjustments to the FRB credit facilities; OCC says examiners are transitioning away from telework

Amy S. Matsuo

Amy S. Matsuo

National Leader, Regulatory Insights, KPMG US

+1 919-664-7302

Highlights

  • Ongoing updates to the Paycheck Protection Program with the release of new forms and guidance implementing the Paycheck Protection Program Flexibility Act.
  • Ongoing adjustments to the FRB credit facilities, including expansion of the Main Street Lending Program and release of new legal agreements and forms, and FAQs.
  • OCC Acting Comptroller says that examiners are transitioning away from maximum telework toward more normal operations.

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