Comments due on RFI on FDIC communication and transparency

The FDIC is seeking comments on how the agency can maximize efficiency and minimize burden when communicating information to insured depository institutions, consumers, and others, about laws, rules, and related matters. The request for information (RFI) includes, for example, a request for ways to improve the FDIC's process for disseminating information through Financial Institution Letters (FILs), which are about new regulations, policies, publications and other matters of interest to banks or savings associations. Other questions asked in the RFI include:

• How effective are the FDIC's current forms of communication? Are there other methods of communication the FDIC should consider?
• Is FDIC information readily available and easy to find? If not, how can the FDIC make it easier to receive and find information?
• How can the FDIC improve the FDIC.gov website?
• Which types of communication are best suited for informing insured depository institutions about new policies, laws, and regulations as well as educational materials, news and other updates?

Comments will be accepted for 60 days following publication in the Federal Register.

UPDATE: Published at 83 FR 50369 on 10/5/18, with comment period ending 12/4/18.