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OFFICE OF CONSUMER RESPONSENarrative Scrubbing Standard Version 6.6May 2023What we publish Each week, the CFPB receives thousands of complaints about financial products and services. Complaints help
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How to fill out narrative scrubbing standard
How to fill out narrative scrubbing standard
01
Begin by reviewing the data and identifying any sensitive information that needs to be removed.
02
Use specialized software or tools to scan the narrative for keywords or patterns that indicate sensitive data.
03
Manually review the narrative to ensure all instances of sensitive information are removed or redacted.
04
Double check the scrubbed narrative to ensure no sensitive data remains before sharing it with others.
Who needs narrative scrubbing standard?
01
Organizations that handle sensitive information such as healthcare providers, financial institutions, and government agencies.
02
Companies that want to protect customer confidentiality and comply with data privacy regulations.
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What is narrative scrubbing standard?
The narrative scrubbing standard is a set of guidelines and procedures used to ensure that narratives submitted to regulatory authorities are accurate and compliant.
Who is required to file narrative scrubbing standard?
Financial institutions and other entities subject to regulatory reporting requirements are typically required to file a narrative scrubbing standard.
How to fill out narrative scrubbing standard?
The narrative scrubbing standard is typically filled out by compliance or reporting teams within an organization, following the guidelines provided by regulatory authorities.
What is the purpose of narrative scrubbing standard?
The purpose of the narrative scrubbing standard is to improve the quality and accuracy of narratives submitted to regulatory authorities, helping to ensure compliance with reporting requirements.
What information must be reported on narrative scrubbing standard?
The narrative scrubbing standard typically requires information related to the transactions or activities being reported, along with any supporting documentation or analysis.
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