7 Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency, “Agencies Issue Final Rule to Exempt Residential Real Estate Transactions of $ or Less from Appraisal Requirements,” news release, September 27, 2019, https://www.federalreserve.gov/newsevents/pressreleases/bcreg20190927a.htm; Board of Governors of the Federal Reserve System, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Securities and Exchange Commission, “Agencies Finalize Changes to Simplify Volcker Rule,” news release, October 8, 2019, https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191008a.htm; Board of Governors of the Federal Reserve System, “Federal Reserve Board Finalizes Rules That Tailor Its Regulations for Domestic and Foreign Banks to More Closely Match Their Risk Profiles,” news release, October 10, 2019, https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191010a.htm; Board of Governors of the Federal Reserve System, “Federal Reserve Board Invites Public Comment on Proposal That Would Modify Company-Run Stress Testing Requirements to Conform with Economic Growth, Regulatory Relief, and Consumer Protection Act,” news release, January 8, 2019, https://www.federalreserve.gov/newsevents/pressreleases/bcreg20190108a.htm; and Board of Governors of the Federal Reserve System, “Federal Reserve Board Issues Statement Describing How, Consistent with Recently Enacted EGRRCPA, the Board Will No Longer Subject Primarily Smaller, Less Complex  -4•  We clarified our capital treatment of commercial real estate loans, which are central to the credit books of many community banks.
•  We detailed our approach to anti-money-laundering exams, and our goal of prioritizing high-risk activities over routine matters. 8  •  We expanded eligibility for our small bank holding company policy statement, opening the door to simpler funding requirements for a broader range of small banking firms. 9 We also increased the scope of banks eligible for longer examination cycles.