12 CFR 361.5
§ 361.5 What are the FDIC's oversight and monitoring responsibilities in administering this program?
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 361.5, § 361.5 What are the FDIC's oversight and monitoring responsibilities in administering this program?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47020
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Full text
(a) The FDIC Office of Minority and Women Inclusion (OMWI) has overall responsibility for nationwide outreach oversight, which includes, but is not limited to, the monitoring, review and interpretation of relevant regulations. In addition, the OMWI is responsible for providing the FDIC with technical assistance and guidance to facilitate the identification, registration, and solicitation of MWOBs.
(b) Each FDIC office that performs contracting or outreach activities will submit information to the OMWI on a quarterly basis, or upon request. Quarterly submissions will include, at a minimum, statistical information on contract awards and solicitations by designated demographic categories.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.