Transcription of ~~ Social Media: Consumer Compliance Rislc …
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~~ Social Media: Consumer Compliance Rislc …
Federal Financial Institutions Examination Council~~3501 Fairfax Drive Room B7081a Arlington, VA 22226-3550 (703) 516-5588 FAX (703) 562-6446 Media: Consumer Compliance Rislc Management GuidanceAGENCY: Federal Financial Institutions Examination Council (FFIEC).ACTION: Notice; final ~[AYZY: The Federal Financial Institutions Examination Council (FFIEC), onbehalf of its members, is issuing this final supervisory guidance entitled " Social Media: Consumer Compliance Risk Management guidance " ( guidance ). The guidance is beingpublished after consideration of comments received from the public. The Office of theComptroller of the Currency (OCC); the Board of Governors of the Federal ReserveSystem (Board); the Federal Deposit Insurance Corporation (FDIC); the National CreditUnion Administration (NCUA); and the Consumer Financial Protection Bureau (CFPB)(collectively, the Agencies) will use it as supervisory guidance for the institutions thatthey supervise, and the State Liaison Committee (SLC) of the FFIEC encourages stateregulators to adopt t]
I. Background Information The FFIEC is publishing this Guidance to address the applicability of federal consumer protection and compliance laws, regulations, and policies to activities conducted via
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