Text of Recommendation | Update and clarify the supervisory feedback process to (a) establish an expected timeframe for reviewing information and responding to FDIC-supervised institutions pursuant to the Financial Institution Letter and (b) describe what constitutes the completion of its review of its supervised institutions’ crypto-related activities. |
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Recommendation Number | 2 |
Recommendation Status | Open |
Significant Recommendation | No |
Submitting OIG | |
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Linked Report |