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Priority Open Recommendations: Federal Deposit Insurance Corporation

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Report Type Reports and Testimonies
Report Date April 20, 2020
Release Date April 27, 2020
Report No. GAO-20-498PR
Summary:

Each year, we make more than 1,000 recommendations to help improve the federal government. We alert department heads to the recommendations where they can save the most money, address issues on our High Risk List, or significantly improve government operations.

This report outlines our 3 priority open recommendations for the Federal Deposit Insurance Corporation as of April 2020.

For example, FDIC should work with other financial regulators to review whether money laundering related regulations could work better and be easier for banks.

Since our previous letter in April 2019, FDIC hasn’t implemented any of our priority recommendations.

FDIC Priority Recommendations Graphic

FDIC Priority Recommendations Graphic

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