Regulatory Alerts2024-07-25 | FIL-44-2024Added · Updated
FDIC 2023 Financial Institution Diversity Self-Assessment Voluntary Submissions Accepted Through October 31, 2024
The Federal Deposit Insurance Corporation encourages FDIC-supervised financial institutions to voluntarily conduct and submit self-assessments of their diversity policies and practices by October 31, 2024. These assessments evaluate organizational commitment, workforce profiles, supplier diversity, transparency practices, and self-assessment methodologies under established interagency standards. The voluntary process utilizes a fully automated online portal, provides technical assistance through virtual office hours, and ensures that submitted data remain confidential without affecting safety and soundness or Community Reinvestment Act ratings.
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