Joint Release/Regulated Institutions to Submit Self-Assessments of Diversity Policies and Practices — 2016-08-02

Regulated Institutions to Submit Self-Assessments of Diversity Policies and Practices The federal banking agencies today provided information on how the financial institutions they regulate may begin to submit self-assessments of their diversity policies and practices as of year- end 2015, and issued Frequently Asked Questions (FAQs) about the process. Financial institutions are strongly encouraged to disclose on their websites their diversity policies and practices, as well as information related to their self-assessments, to maximize transparency, and to provide their policies, practices, and self-assessment information to their primary federal financial regulator. Additional information, with detailed submission instructions, will be provided at a later date directly to the institutions.