The Federal Deposit Insurance Corp. plans to pare by at least 25% the amount of time its examiners spend in banks checking compliance with consumer-related regulations.

Examiners will begin learning the streamlined procedures in July; state nonmember banks will first experience the exams in September.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.