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Diversity Self-Assessment

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Diversity Self-Assessment

Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act required the federal financial regulatory agencies to establish an Office of Minority and Women Inclusion (OMWI) and instructed the OMWI Director at each agency to develop standards for assessing the diversity policies and practices of its regulated institutions (i.e. the OCC OMWI Director would need to establish standards for OCC-regulated banks, the FDIC OMWI Director would need to establish standards for FDIC-regulated banks, etc.).