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Frequently Asked Questions (FAQs) Standards for …

1 | Page faqs - Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies August 2, 2016 Board of Governors of the federal reserve system federal Deposit Insurance Corporation Office of the Comptroller of the Currency Frequently Asked Questions ( faqs ) Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies Q1. What is the Dodd-Frank Section 342(b)(2)(C) diversity Standards provision about? Section 342(b)(2)(C) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) required the Board of Governors of the federal reserve system (Board), the federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) (together, the Agencies ), and certain other federal financial agencies to

1 | Page FAQs - Standards for Assessing the Diversity Policies and Practices of Entities Regulated by the Agencies August . 2, 2016 . Board of Governors of the Federal Reserve System

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