FIL-31-2019
June 13, 2019
FDIC Consumer Compliance Supervisory Highlights
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Summary:
The Consumer Compliance Supervisory Highlights features articles of interest to examiners, bankers and supervisors. The purpose of this publication is to enhance transparency regarding the FDIC’s consumer compliance supervisory activities and includes a high-level overview of consumer compliance issues identified during 2018 through the FDIC’s supervision of state non-member banks and thrifts. This publication is available on the FDIC’s website at www.fdic.gov/regulations/examinations/consumercomplsupervisoryhighlights.pdf.
Statement of Applicability to Institutions: This Financial Institution Letter applies to all FDIC-supervised financial institutions.
Highlights:
- Enhances transparency regarding the FDIC’s consumer compliance supervisory activities.
- Includes a high-level overview of consumer compliance issues identified during 2018.
- Provides information and resources available to support supervised institutions’ efforts to manage consumer compliance responsibilities effectively.