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Summary:
The Federal Financial Institutions Examination Council (FFIEC) launched a new Industry Outreach website for financial institutions, trade associations, third-party providers, and consultants.
Statement of Applicability to Institutions with Total Assets Under $1 Billion: This FIL applies to all FDIC-supervised financial institutions.
Highlights:
- The FFIEC launched a new Industry Outreach website designed to share information about current issues related to financial institution supervision, and to provide updates to supervisory guidance and regulations.
- The website also provides access to upcoming FFIEC-sponsored webinars and includes an archive of past webinars, including the Military Lending Act and Mobile Financial Services – Appendix E of the Retail Payment Systems Booklet. Additional seminars, such as Updates to FFIEC Information Technology Guidance, which includes a summary of updates to the Management and Information Security Booklets and the Cyber Assessment Tool, will be added to the archive in the near future.
- The Industry Outreach program was developed to enhance communication between the FFIEC and financial institutions, trade associations, third-party service providers, consultants, and other interested parties. To learn more about the program, or sign-up to receive FFIEC email updates, visit https://industryoutreach.ffiec.gov.
Suggested Distribution:
- FDIC-Supervised Banks (Commercial and Savings)
Suggested Routing:
- Chief Executive Officer
- Chief Compliance Officer
- Chief Risk Officer
- Chief Information Security Officer
Related Topics:
Contact:
- Philip Mento, Associate Director at PMento@fdic.gov or (202) 898-3878
Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC’s Web site at www.fdic.gov/news/news/financial/2017/index.html.
To receive FILs electronically, please visit https://www.fdic.gov/about/subscriptions/index.html