FFIEC Issues Uniform Interagency Consumer Compliance Rating System

The FFIEC, along with the banking brotherhood (FRB, CFPB, FDIC, NCUA, and OCC) released an updated Uniform Interagency Consumer Compliance (CC) Rating System.  The revisions to the CC Rating System were not developed to set new or higher supervisory expectations for financial institutions and their adoption will represent no additional regulatory burden.  Agencies will begin using the updated CC Rating … Read More