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Office of the Inspector General Industry Examinations

Ballard Spahr LLP

OIG report finds CFPB’s examination workpaper documentation practices can be improved

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The Office of Inspector General (OIG) for the CFPB and Fed has issued a report that found the CFPB can improve its practices related to examination workpaper documentation. This report follows another OIG report issued last...more

Ballard Spahr LLP

OIG report finds effectiveness of CFPB’s examiner commissioning and training programs could be improved

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The Office of Inspector General (OIG) for the CFPB and Fed has issued a report on the results of its evaluation of the effectiveness of the CFPB’s Examiner Commissioning Program (ECP) and On-the-Job Training (OJT) programs. ...more

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OIG to look at presence of CFPB enforcement attorneys in exams

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The CFPB’s practice of bringing enforcement attorneys to examinations has been a continuing concern for industry. In particular, supervised entities worry that the participation of enforcement attorneys in examinations...more

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