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Tuesday, June 9, 2015

Agencies Issue Final Standards for Diversity Policies

The Federal Reserve, CFPB, FDIC, NCUA, OCC and SEC issued a final policy statement establishing joint standards for assessing the diversity policies and practices of the entities they regulate.

The final standards provide a framework for regulated entities to create and strengthen their diversity policies and practices — including their organizational commitment to diversity, workforce and employment practices, procurement and business practices and practices to promote transparency of organizational diversity and inclusion within the entities' U.S. operations.

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