FDIC Provides Guidance Regarding Secure Communications During Covid-19 Crisis

The FDIC released a Financial Institution Letter encouraging supervised parties to use alternative procedures to send the agency official mail related to supervisory matters, and to use secure email to send official supervisory correspondence. To that end, the FDIC has established temporary measures for financial institutions and other parties electronically submitting mail and email for official business purposes related to supervisory matters, including the use of the agency’s Secure Email portal to send outgoing official supervisory correspondence.  Additionally, parties that would normally send hardcopy mail for official business purposes related to supervisory matters to an FDIC facility are encouraged to instead send an electronic communication through the FDIC’s Secure Email portal or Enterprise File Exchange within FDIC connect.