Business, 26.03.2020 20:30 meababy2009ow9ewa

The Federal Financial Institutions Examination Council (FFIEC) promotes uniform practices among the federal financial institutions. Its purpose is to: 1) establish principles and standards for the examination of federal financial institutions; 2) develop a uniform reporting system for federal financial institutions; 3) conduct training for federal bank examiners; 4) make recommendations regarding bank supervision matters, and 5) encourage the adoption of uniform principles and standards by federal and state banks.

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