What Does Ffiec Stand For

Welcome to the Federal Financial Institutions Examination Council’s (FFIEC) Web Site.

What is Ffiec compliance?

FFIEC compliance is conformance to a set of standards for online banking issued in October 2005 by the Federal Financial Institutions Examination Council (FFIEC). … The level of encryption must be sufficient to prevent unauthorized disclosure within a bank’s internal networks and among shared external networks.

Who does the Ffiec regulate?

The Council is responsible for developing uniform reporting systems for federally supervised financial institutions, their holding companies, and the nonfinancial institution subsidiaries of those institutions and holding companies.