Appraisal Subcommittee Announces Upcoming Quarterly Meeting and USVI Compliance Review

Introduction

The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council formally announced its upcoming public quarterly meeting scheduled for November 18, 2026. Operating under the statutory authority of section 1104(b) of title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, the agency serves a critical oversight role in federal financial regulation. Notice of the session appeared in the Federal Register on November 12, 2026, outlining the logistical details and agenda items for public observation.

Meeting Logistics and Accessibility

The public meeting will take place virtually via Zoom starting at 11:00 a.m. Eastern Time. Interested members of the public, legal professionals, and industry stakeholders must register in advance through the agency website to secure access to the live webcast. Consistent with ASC operational rules, recording devices of any kind remain strictly prohibited during the proceedings to maintain the integrity of the public session.

Agenda and Discussion Items

The published agenda covers standard administrative procedures including a call to order, quorum determination, opening remarks, and the formal approval of previous meeting minutes from September 16, 2026. Leadership and staff will present comprehensive reports spanning several operational areas. These reports include updates from the Chair, the Acting Executive Director, delegated state compliance reviews, grant programs, financial standings, and formal notation votes.

Focus on Territorial Compliance

A central action item for the November session involves a specific discussion regarding the United States Virgin Islands (USVI) Compliance Review for its appraiser program. State and territorial compliance reviews form the backbone of the ASC mandate ensuring that jurisdictions maintain robust appraiser credentialing standards that align with federal guidelines. The findings from this review could carry significant implications for the regulation of real estate appraisal practices within the territory.

Conclusion

The upcoming quarterly meeting provides a transparent window into federal oversight of real estate appraisal standards. Stakeholders will monitor the outcomes of the USVI compliance review and agency reports as indicators of broader regulatory enforcement trends. Future discussions will likely center on addressing any identified deficiencies and ensuring nationwide consistency in appraiser qualifications.