Supervising Louisiana’s Financial Services
The Office of
Financial Institutions
OFI is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana. The Office is divided into three major divisions based on general types of institutions regulated – the Depository Institutions Division, the Non-Depository Services Division, and the Securities Division. Although the number of OFI-regulated depository institutions has decreased, the number of non-depository entities which this office regulates has increased substantially.
Message Center
Federal Financial Institutions Examination Council (FFIEC) – Cybersecurity Assessment Tool (CAT) Sunset
The (FFIEC) issued a statement that the Cybersecurity Assessment Tool (CAT)2, which was released on June 2015, will no longer be available on their website effective August 31, 2025. The FFIEC has determined not to update the CAT, but to reflect new government resources, including the National Institute of Standards and Technology (NIST) Cybersecurity Framework […]
Caution Urged Due to Recent Crypto-Related Bankruptcies
After recent crypto-related bankruptcies, the Louisiana Office of Financial Institutions urges caution regarding crypto asset provider risk.