Background Checks: Best-Practices for Financial Institutions. Expert in Employment Screening Resources, Les Rosen, author of Safe Hiring Manual. Rosen: Financial institutions are regulated by the FDIC; FDIC issued guidance called pre-employment background screening in 2005. Due diligence and due diligence is something that has to be thought out of the way of management, Rosen says. The FDIC clearly encourages financial institutions to engage in background screening, and it’s very widespread in financial institutions, he says.”]
Source: https://www.cuinfosecurity.com/background-checks-best-practices-for-financial-institutions-a-691