Which is not a responsibility of the Appraisal Subcommittee (ASC)?

The Appraisal Subcommittee (ASC) primarily focuses on oversight and monitoring rather than the development of appraisal standards. One of its main functions is to maintain the National Registry, which includes listing licensed and certified appraisers, and to monitor and ensure state compliance with federal appraisal regulations. Additionally, the ASC plays an essential role in overseeing the practices and performance of state appraisal boards to promote consistency and standards in the appraisal industry.

While the ASC contributes to discussions about appraisal regulations and may offer advice based on its observations and findings, it does not engage in the writing, interpretation, or amendment of the Uniform Standards of Professional Appraisal Practice (USPAP). The responsibility for USPAP rests with the Appraisal Standards Board (ASB), which is a separate entity. Therefore, the assertion that the ASC has responsibilities related to USPAP is inaccurate, making it the correct choice in the context of this question.