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Proposed Bill Would Reform Bank Exam Processes

Global Fintech & Digital Assets

A recent bipartisan bill, if enacted, would particularly benefit small lenders and bank-fintech partnerships by promoting transparency, appellate rights, and examiner accountability. By Arthur S. Key Provisions The FAIR Exams Act would amend the Federal Financial Institutions Examination Council Act of 1978 in three primary ways: 1.

FFIEC 52