Banking and Finance Law Daily Wrap Up, OVERSIGHT AND INVESTIGATION—OIG flags Fed offboarding failures mid-audit, (Sep 29, 2026)
Organizations Mentioned:Federal Open Market Committee
By Colleen M. Svelnis, J.D.
The OIG acted before finishing its audit because it said the risks required immediate attention. Fed management concurred with all nine recommendations and said remediation was underway.
The Federal Reserve Board's Office of Inspector General (OIG) is ...