12 CFR 361.1 - Why do minority- and women-owned businesses need this outreach regulation?

Regulations last checked for updates: May 02, 2025

Title 12 - Banks and Banking last revised: Apr 15, 2025

View all text of Part 361 [§ 361.1 - § 361.6]

§ 361.1 - Why do minority- and women-owned businesses need this outreach regulation?

The purpose of the FDIC Minority and Women Outreach Program (MWOP) is to ensure that minority- and women-owned businesses (MWOBs) are given the opportunity to participate fully in all contracts entered into by the FDIC.

authority: 12 U.S.C. 1833e.

source: 65 FR 31253, May 17, 2000, unless otherwise noted.

cite as: 12 CFR 361.1