Proposed Bill Would Reform Bank Exam Processes
Global Fintech & Digital Assets
JANUARY 12, 2024
Key Provisions The FAIR Exams Act would amend the Federal Financial Institutions Examination Council Act of 1978 in three primary ways: 1. The director may determine the merits of the appeal, or at the election of the financial institution, refer the appeal to an administrative law judge appointed by the FFIEC to conduct a hearing.
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