control
Another Control Mechanism: NHTSA Proposes Automatic Emergency Braking Requirements
The NHTSA proposed mandatory implementation of AEB systems in passenger vehicles, but testing has shown how faulty these systems can be. The NHTSA wants to address this issue by collecting more data and advancing pedestrian AEB rulemaking. via thetruthaboutcars: Last week, the National Highway Traffic Safety Administration (NHTSA) floated the notion that every new passenger …
Six federal regulatory agencies today requested PUBLIC COMMENT on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In particular, the proposed rule would implement quality control standards for automated valuation models (AVMs).
by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230601a1.pdf Under the proposed rule, the agencies would require institutions that engage in covered transactions to adopt policies, practices, procedures, and control systems to ensure that AVMs adhere to quality control standards designed to ensure the credibility and integrity of valuations. The proposed standards are designed to ensure a high level of confidence …