2.3: Supervision & Enforcement

Assess the Bureau's implementation of its supervision and enforcement activities.

Other Information:

The Dodd-Frank Act authorizes the Bureau to conduct consumer compliance examinations of banks, savings associations, and credit unions with total assets in excess of $10 billion. In addition, the Bureau is authorized to supervise specific nondepository institutions engaged in consumer finance activities. The Bureau also is charged with prohibiting unfair, deceptive, or abusive acts or practices in connection with consumer financial products and services. The OIG will monitor the Bureau's supervision and enforcement activities related to these institutions and, as appropriate, may assess the adequacy of the Bureau's associated examination policies and procedures.

Indicator(s):

Indicator:1

Content