3.3: External Communications

Further expand external communications.

Other Information:

Effective communication with our stakeholders, including the Board, the Bureau, the Federal Reserve System, Congress, and the public, is critical to achieving the OIG mission. In addition, the OIG has a duty and responsibility to keep Congress fully and currently informed by means of semiannual and other reports concerning fraud and other serious problems, abuses, and deficiencies relating to the programs and operations ofthe Board and the Bureau. At the same time, we are charged with recommending corrective actions and reporting on the progress made in implementing these corrective actions. We are also members of the broader IG and other professional communities. In this role, we will continue to work with other IGs to promote professionalism and coordination among the Council of the Inspectors General on Integrity and Efficiency (CIGIE) membership on shared concerns. In addition, our continued coordination with other IGs in the financial regulatory agencies promotes consistency in our work and potentially provides a broader assessment of common issues that warrant attention. We plan to emphasize the following areas under this objective:

Stakeholder(s):

• Federal Reserve Board


• Bureau of Consumer Financial Protection


• Federal Reserve System


• Congress


• The Public

Indicator(s):

Indicator:1

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